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PIB Press Release — Clarification on Legislative Developments concerning Government's shareholding in IDBI (Ministry of Finance, Release ID 2324612)
MandatoryNo Legal Bar on IDBI Bank Stake Sale: Finance Ministry Cites 2018 Delhi HC Ruling
Finance Ministry's 17 Oct 2026 PIB clarification says no legal bar on reducing the Centre's IDBI Bank stake — the 2003 dilution-restriction amendment was rejected by Parliament, and the Delhi HC's 17 Dec 2018 judgment upheld the Government's right to dilute.
PIB Press Release — Clarification on Legislative Developments concerning Government's shareholding in IDBI (Ministry of Finance, Release ID 2324612)
17 October 202613 min
Press Information Bureau (PIB), Ministry of Labour & Employment
MandatoryCabinet Approves Higher EPFO Wage Ceiling of ₹25,000 Effective 17 September 2026: What It Means for Employers and Employees
The Union Cabinet has approved enhancing the mandatory EPFO wage ceiling from ₹15,000 to ₹25,000/month with effect from 17 September 2026 (Vishwakarma Jayanti). Announced by Union Labour Minister Dr. Mansukh Mandaviya (PIB ID 2310973), the decision brings over 51 lakh workers under statutory PF, pension, and EDLI cover with a 5-year outlay of ₹56,696 crore.
Press Information Bureau (PIB), Ministry of Labour & Employment
16 September 2026Eff. 17 September 202622 min