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Business

EPFO wage ceiling raised to ₹25,000: How much could your ₹7L EPF insurance cover increase? Here's how to calculate

LiveMint - Money ·
EPFO wage ceiling raised to ₹25,000: How much could your ₹7L EPF insurance cover increase? Here's how to calculate

The Union Cabinet raised the EPFO wage ceiling from ₹15,000 to ₹25,000, potentially increasing the life insurance cover under the EDLI scheme from ₹7 lakh to an estimated ₹10.5 lakh.

This change could benefit between 50 lakh and 1 crore new EPFO members.

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5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.livemint.com — the content belongs to LiveMint - Money.

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