FAQs on Reduction in statutory rate of EPF contribution from 12% to 10%

Mita Basak , Last updated: 25 September 2020  
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In order to increase the monthly take-home pay for employees, Finance Minister Nirmala Sitharaman announced a reduction in EPF Contribution from 12% to 10% for both, employers and employees. This measure came into place under the Atmanirbhar Bharat Package in order to provide relief to the employees

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Mita Basak
(Professional)
Category Corporate Law   Report

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