What is the objective of reduction in the rate of contributions?

Created by Product Content Team, Modified on Mon, 18 Mar at 7:15 AM by Product Content Team


Reduction in rate of EPF contributions up to 10% of basic wages and Dearness allowances is intended to benefit both 4.3 crore employees/members and employers of 6.5 lakhs establishments to tide over the immediate liquidity crisis to some extent during Pandemic situation.



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