Reduced EPF contribution: 16 questions answered by EPFO
The reduction in EPF contribution was first announced by Finance Minister Nirmala Sitharaman as a part of the Atmanirbhar Bharat Package to provide some relief to employers and also to increase the take-home pay of the employees.
The Employees' Provident Fund Organisation (EPFO), via its official Twitter handle released a set of FAQs related to the recently announced reduction of EPF contribution from 12 per cent to 10 per cent for both employers and employees.
Finance Minister Nirma
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