COVID-19 | TEMPORARY REDUCTION IN EPF CONTRIBUTIONS

Published On: 22/05/2020

Authors:

With a view to provide relief to employers and increase the take-home salary for employees, both employer and employee contribution rates have been reduced from 12% to 10% for the months of May, June, and July of 2020 INDUSLAW's Avik Biswas, Sowmya Kumarand Ankit Dutta summarize the amendment.