What is the period for which the reduced rate of contribution is applicable?

Created by Product Content Team, Modified on Mon, 18 Mar at 7:12 AM by Product Content Team

The statutory rate of contribution will be 10% for wage months - May 2020, June 2020, and July 2020.

When the term "reduced rate of contribution is applicable" is used, it typically refers to a situation where an individual or entity is eligible to make contributions at a lower or discounted rate compared to the standard or usual contribution rate.

Click here to subscribe to our help videos

Related Links:

Video - To watch a video on Covid relief, click here.

FAQs-To read more FAQs about Covid relief, click here.

Documentation- To learn more about the Admin portal, click here.

Product Update- To read about the product update, click here.