Union Budget 2024: Finance Minister Nirmala Sitharaman can give a big gift to these people, the proposal is ready
The budget session is currently going on in the Lok Sabha. In this, the Narendra Modi government at the Center will present the first budget of its third term. The full budget will be presented by Finance Minister Nirmala Sitharaman. It is expected to be presented on the 22nd or 23rd of this month. Every section has expectations from the budget presented by the central government. A big gift can be given to the PF account holders by the central government. Under this, the salary limit can be increased.
The salary limit of PF account holders is currently Rs 15,000
If the news is to be believed, the salary limit of Employees Provident Fund Organization employees can be increased in the budget by the Narendra Modi government at the Center. This limit has been kept at Rs 15,000 by the Union Finance Ministry. Now the government can consider increasing the limit of the provident fund.
The salary limit of employees can now be Rs 25,000
If reports are to be believed, the Narendra Modi government at the center can now increase the salary limit of the employees Provident Fund Organization to Rs 25,000. A proposal has been prepared by the Ministry of Labor and Employment in this regard. Let us tell you that the central government last changed the maximum limit of contribution under the Employees Provident Fund on 1 September 2014. It was increased from Rs 6,500 to Rs 15,000. Now the government can again take a big step in this regard.
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