Trade unions seek increase in min EPFO pension to Rs 5,000

NEW DELHI: Trade unions on Monday pressed for increasing minimum EPFO pension 5 times to Rs 5,000 per month, immediate constitution of the 8th Pay Commission and higher taxes on super rich in the upcoming 2025-26 Budget. In their pre-budget meeting with FM Nirmala Sitharaman, trade union leaders also demanded an increase in income tax exemption limit to Rs 10 lakh per annum, social security scheme for gig workers and restoration of old pension scheme for govt employees.
Talking to reporters after the meeting TUCC national general secretary S P Tiwari said govt should stop all privatisation and corporatisation of PSUs and impose an additional 2% tax on super rich to fund social security for informal workers. Tiwari also demanded that agriculture workers be extended social security and their minimum wages should also be fixed. agencies