Thursday, March 26, 2020

Govt to pay EPF contribution for both employer and employee: FM

This will be applicable for establishments with up to 100 employees, where 90% of employees drawing less than Rs 15,000 salary. Benefiting 4.8 crore employees the govt also amended EPFO regulations to allow workers under EPFO to draw up to 75% of their non-refundable advance or 3 months of wages, whichever is lower.

from Economy-News-Economic Times https://ift.tt/2JlTUqF

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