EPFO total contributions expected to rise by 25% in 2027-28 due to wage ceiling increase

The Economic Times · Yogima Seth Sharma · 2026-11-06 19:45 UTC

EPFO is forecasting a major increase in its total contributions for the financial year 2027-28. The wage ceiling has been raised to ₹25,000 from ₹15,000, effective September 17. Total contributions for the current year are estimated to exceed previous budgeted amounts significantly. Additionally, the board will consider investing up to 3% in alternative investment funds.

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