Neutral impactEconomy
EPFO wage ceiling hike could bring nearly 1 crore workers into formal jobs, says Quess Group CEO
CNBC-TV18 1 hr ago·17 Sept 2026, 5:44 am
The Cabinet's move to raise the EPFO wage ceiling to ₹25,000 could bring in nearly double the government's 51 lakh estimate, according to staffing industry executives. Quess Corp's Lohit Bhatia and TeamLease's Ramani Dathi discuss the cost impact on companies, the hit to employee take-home pay, and how the rollout could reshape hiring at the entry level.
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