What reduced EPF contribution means to Employee & Employer

What reduced EPF Contribution means to Employee & Employer – Lets Talk Compliance

Aparajitha, Compliance, Contract Labour Compliance, EPF, Factory Compliance, HR Compliance, Labour Law Compliance, Let's Talk Compliance, payroll complianceLeave a comment

Understanding on EPF reduced Contribution 10% Ministry of Labour & Employment vide its notification No. S.O. 1513(E) Dt. 18th May’2020 Section 6 of EPF (MP) Act, 1952 reads as under; Contributions and matters which may be provided for in Schemes. – The contribution which shall be paid by the employer to the Fund shall be…