scorecardresearchEPFO Equity Investment Limit Hike: Proposal to hike equity investment limit to 20% not taken up in EPFO trustees meet

EPFO Equity Investment Limit Hike: Proposal to hike equity investment limit to 20% not taken up in EPFO trustees meet

Updated: 31 Jul 2022, 08:05 AM IST
TL;DR.
EPFO trustee Harbhajan Singh Sidhu said, the proposal to enhance investment in equity or equity-related instruments was not taken up in the Central Board of Trustees 231st meeting on July 29 and 30.
Wage ceiling under the EPFO has been revised only eight times since the inception of the scheme in 1952.

Wage ceiling under the EPFO has been revised only eight times since the inception of the scheme in 1952.