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EPF ceiling rises to Rs 25,000. Employers must not cut pay

EPF ceiling rises to Rs 25,000. Employers must not cut pay

The statutory provident fund wage ceiling moved from Rs 15,000 to Rs 25,000 from 17 September, so a capped employee's deduction can climb from Rs 1,800 to Rs 3,000 a month. The Labour Ministry has told employers they cannot recover the extra cost from that employee's salary.