Tag: Epf Contribution

EPF Alert! ‘Employer Has To Pay Damages For Delay In EPF Contribution’
EPF Alert! ‘Employer Has To Pay Damages For Delay In EPF Contribution’

The SC said that the Act casts an obligation upon the employer to make the compulsory deduction for provident fund and to deposit in the workers' account in the EPF office

  • Thursday, 24 February 2022
EPF rate cut
EPF Cut: 2% Hike in Salary of Govt, Private Employees in the offing

What could be seen as good news for crores of private and government employees, the Centre is reportedly mulling slash in the employees’ social security contribution. According to the Economic Times, the Labour Ministry is presently working on the contributory ceiling by the government towards universal social security for the employees and it is expected […]

  • Thursday, 01 July 2021
EPFO FAQs On Reduction In Statutory Rate
Govt To Pay 24 Per Cent Of Wages Towards EPF Till This Date, Check Details

The ABRY scheme aims to extend a helping hand towards employees, especially new employees, and employers regarding the contributions into the Employees' Provident Fund (EPF) account. 

  • Monday, 28 June 2021
Nirmala-Sitharaman
EPF, TDS Contribution Reduced: Employees’ Take-Home Pay To Increase

Bhubaneswar/New Delhi: Finance Minister Nirmala Sitharaman on Wednesday made several big announcements while announcing measures for Employees Provident Fund (EPF). Sitharaman said that the government will pay Rs 2,500 crore as employees and employers’ contributions to EPF for the next three months till August, and it will benefit around 72.22 lakh employees. Statutory PF contribution […]

  • Saturday, 17 April 2021
Additional DA, DR, Arrears For Central Govt Employees, Pensioners
EPF Contribution: Centre Raises EPF Tax Exemption On Interest Limit To Rs 5 Lakh

New Delhi: Finance Minister Nirmala Sitharaman on Tuesday raised the limit for tax exemption on interest earned on provident fund contribution by employees to Rs 5 lakh per annum in specified cases as against Rs 2.5 lakh proposed in the Budget. However, the minister in her reply to discussion on Finance Bill 2021 in the […]

  • Friday, 02 April 2021
EPFO FAQs On Reduction In Statutory Rate
Reduction In Statutory Rate Of EPF Contribution; All FAQs Answered

Bhubaneswar: The Employees’ Provident Fund Organisation has announced to provide relief to the employers and employees of the establishments covered under the EPF & MP Act, 1952 distressed by Lockdown to prevent spread of COVID-19 and other disruptions due to the pandemic. The reduction in statutory rate of contributions from 12% to 10% for wage […]

  • Monday, 01 March 2021
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