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Big update on EPFO ​​salary

The Supreme Court on Monday directed the Central Government to 'Employees' Provident Fund' (EPF) Instructed to take a decision on the revision of salary limit in the scheme within four months. There has been no change in this limit for the last 11 years. Justice JOf, Maheshwari And Justice A. S. Chandurkar The bench gave this order to social activist Naveen Prakash. Nautiyal Held on the petition of.

According to the petition, the 'Employees' Provident Fund Organisation', which administers social security schemes for employees,epfo) This scheme does not cover employees with monthly income of more than Rs 15,000.

since 70 years salary change arbitrarily

petitioner lawyer of Pranav Sachdeva and neha Rathi In its argument, despite the minimum wage exceeding this limit in many parts of the country, EPF There has been no change in the salary limit. Due to this, a large number of employees are being deprived of the benefits of social security and provident fund. The top court while disposing of the petition petitioner directed to submit a copy of the order to the Central Government within two weeks. report Keep. The government should take a decision in this regard within four months. The petition argued that the salary ceiling has not changed in the last 70 years. revision This has happened very arbitrarily and sometimes it has happened after a gap of 13-14 years. during this time inflationNo connection was made to economic indicators such as minimum wage or per capita income.

Fewer employees are getting benefits

According to the petition, 'Due to this inconsistent policy EPF Today, fewer employees are getting benefits under the scheme than before. in the year 2022 epfo The sub-committee of the Central Board had recommended increasing the salary limit and including more employees in the scheme, which was also approved by the Central Board. But the central government has not yet taken a decision on this. According to the petition, in the last 70 years EPF An analysis of the revisions in the salary ceiling of the scheme shows that in the first 30 years it will be a inclusive was intended as a framework, but over the last three decades it has clearly become a means of keeping more workers out.

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