Budget 2024-25 Salary Increase Govt Employees' Provident. The government on tuesday announced 3 schemes to boost employment through retirement fund body epfo for new entrants in the organised sector. There is also a proposal to increase the pension @ 25 of the current.
3000 per month for two years towards epfo contribution for each additional employee. The government has proposed 25pc increase in salaries of employees from grade1 to 16 while officers from grade17 to 22 would get 20pc increment.