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Recent changes in PF for Companies

Akash VM Akash VM
May 27, 2020
Reading Time: < 1 minute
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The Government of India proposes to bring in changes in the Employees’ Provident Fund (EPF) regulations for three months from May to July 2020. Our Hon’ble Finance Minister Nirmala Sitharaman announced this measure as part of the “Atmanirbhar Bharat Package” as a means to provide relief to the employers and also to increase the monthly take-home pay of employees.

Here, Akash Mahagaonkar explores in detail the options that are available for companies for Lower Statutory Deduction of Provident Fund.

We hope it would have gained you some interesting insights. Watch it here!! Also, don’t forget to subscribe to our channel for future updates.

 

If you have any questions, please write to [email protected]

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Categories: Human Resources Payroll Provident Fund Statutory Compliance
Tags: EPF Wages EPFO payroll PF contribution Provident Fund Statutory Compliance Statutory Rate
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