EPF will be 12% each for employee, employer w.e.f. August 1

Under Atma Nirbhar Package, the Employees’ Provident Fund (EPF) contributions of both the employers and employees were reduced to 20 percent from 24 percent for the months of May, June and July 2020.after the announcement by Finance Minister Nirmala Sitharaman on May 8. During this time, the reduced contribution amount meant that the take home… Read More EPF will be 12% each for employee, employer w.e.f. August 1