EPFO wage ceiling hiked to Rs25,000: BMS hails centre's move

Solan, Sep 16 (UNI) In a major boost to organized sector workers, the Bharatiya Mazdoor Sangh (BMS) Himachal unit has welcomed the union cabinet's decision to raise the Employees' Provident Fund Organisation (EPFO) statutory wage ceiling from Rs15,000 to Rs25,000 per month. The decision, taken in a union Cabinet meeting chaired by Prime Minister Narendra Modi and announced by union Minister Ashwini Vaishnaw, ends a 12-year hiatus since the threshold was last revised in 2014. The revised ceiling comes into formal effect on September 17. In a joint statement issued from Shimla, senior BMS state leadership including State President Madan…