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India cabinet clears plan to raise EPF wage upper limit

India’s cabinet approved raising the Employees’ Provident Fund wage ceiling to 25,000 rupees from 15,000 rupees, Ashwini Vaishnaw said.

India's cabinet approved an increase in the wage ceiling for Employees' Provident Fund coverage to 25,000 rupees ($260) from 15,000 rupees, Information Minister Ashwini Vaishnaw said on Wednesday. 9700 Indian rupees)