Trade unions advocate for minimum EPFO pension raise to Rs 5,000 and tax reforms - PRESS AI WORLD
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Trade unions advocate for minimum EPFO pension raise to Rs 5,000 and tax reforms

share-iconTuesday, January 07 comment-icon3 weeks ago 11 views
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indiatimesINDIATIMES
Trade unions advocate for minimum EPFO pension raise to Rs 5,000 and tax reforms

Credited from: INDIATIMES

  • Trade unions are advocating for a significant increase in the minimum EPFO pension to Rs 5,000 per month.
  • During a meeting with Finance Minister Nirmala Sitharaman, they also called for the immediate formation of the 8th Pay Commission.
  • Other demands included a higher income tax exemption limit of Rs 10 lakh and a social security scheme for gig workers.
  • They proposed an additional 2% tax on the super rich to support social security for informal workers.
  • Trade union leaders emphasized the need for minimum wage standards for agriculture workers and the restoration of the old pension scheme for government employees.

For more details, read the original article here.

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Trade unions Epfo pension Budget 2025-26 Tax reform Social security
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