EPFO Update – If you are working in the private sector, don’t worry. We have some good news for you. The Supreme Court has directed the central government to take a major decision on revising the salary limit in the EPF scheme within four months.

This limit has not been changed for the past 11 years. A bench of Justices J.K. Maheshwari and A.S. Chandurkar issued this directive on Monday while hearing a petition filed by social activist Naveen Prakash Nautiyal.

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According to the petition, the government operates social security schemes for employees. However, EPFO ​​does not include employees earning more than Rs. 15,000 per month in this scheme.

What did the petitioner’s lawyers say?

Petitioner’s lawyers Pranav Sachdeva and Neha Rathi made significant arguments in the Supreme Court. They stated that despite the minimum wage exceeding this limit in many parts of the country, the EPF salary limit has not been revised.

They told the court that this is depriving a large number of employees of social security and provident fund benefits. After hearing the lawyers’ arguments, the Supreme Court disposed of the petition and directed the petitioner to submit a copy of the order to the central government within two weeks. The court directed the central government to take a decision on this matter within four months.

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Fewer employees are now benefiting

The petition filed in the Supreme Court stated that due to this inconsistent policy, far fewer employees are benefiting from the EPF scheme compared to before. In 2022, an EPFO ​​sub-committee had also recommended increasing the salary limit and including more employees in the scheme. This was approved by the Central Board. Despite this, the central government has not taken any decision on the matter.