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New EPF rules come into force: Here are 5 things to know
May 19, 2020 | By Livemint.com
business
The new EPF contribution rules will be applicable for the three months - May, June and July.It will inject liquidity of ₹6,750 crore to employers and employees over three months
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The Labour Ministry has notified new rules that allow for reduced EPF or employees' provident fund contribution for three months. Last week, Finance Minister Nirmala Sitharaman had announced reduction of statutory provident fund contribution by both employers
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