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SC Closes EPFO Wage Ceiling Plea After Limit Raised To Rs 25,000

The Supreme Court closed a plea seeking revision of the EPFO wage ceiling after the Union Cabinet raised it to Rs 25,000 per month from Rs 15,000, effective September 17. The court said the petitioner's prayers had been granted and consequential steps would follow. The move expands provident fund coverage to over 51 lakh more employees.