Along with government employees, the tension of private employees is also going to end, because the government has prepared a big plan for private employees in the new year.
The new year i.e. 2025 is going to bring happiness for private employees. The coming year could be a year of salary increase for private sector employees. The salary hike and pension changes under EPFO indicate that the government may now give priority to the problems of private employees. For your information, let us tell you that private employees have been struggling with problems like inflation, less facilities and EMI burden for a long time, due to which the feeling of dissatisfaction has started increasing among them. But in the new year they are seeing a ray of hope of getting relief from the government.
Government can take big steps
According to a media report, the central government can take a big step in the general budget 2025. According to the information, the government has prepared a proposal to increase the salary limit for counting staff from Rs 15,000 to Rs 21,000. Because this limit was implemented 10 years ago in 2014 and now it has been 10 years. In such a situation, it is believed that the government can amend it in view of the changing times and the impact of inflation. If this proposal is passed in Parliament then private employees will benefit. With this, not only will they get a good pension, but their financial condition will also improve significantly.
Private employees will get financial strength
One advantage of increasing the pension calculation limit in EPFO will be that the employees will get financial stability in the long run. For example, if the pension limit is increased from Rs 15 thousand to Rs 21 thousand, employees can get an additional pension of Rs 2550 per month. However, the monthly salary of the employees may be slightly less, as the excess contribution from their salary will go to EPFO.
