Saturday, June 27, 2020

EPFO provisions to reduce statutory burden on the employers

Employees’ Provident Fund Organisation has been consistently doing its bit in these hard times, by reaching out and extending a helping hand to both working class/employees as well as the employers. Statutory contributions both on part of the employee and the employer (12+12=24%) of eligible establishments shall be borne by the Central Government under PMGKY ensuring increase in take home salary to the employees and liquidity in the hands of the employers.

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