What changes for people earning ₹10,000, ₹20,000 & above ₹25,000 under new PF rules?
The government enhanced the wage ceiling under EPFO from ₹15,000 to ₹25,000. This decision doesn't necessarily change anything for those earning ₹10,000, as they were covered by EPFO earlier too. Those earning ₹20,000/month would get PF coverage now and would be eligible for a pension under EPS. Those earning ₹25,000/month could see a larger monthly deduction than before.