EPFO to take action against firms not factoring special allowance for EPF computation
An EPFO trustee Virjesh Upadhyay who is also General Secretary of Bharatiya Mazdoor Sangh (BMS) said, "We welcome the apex court decision. This is a long pending issue. In fact the EPFO's apex decision making body Central Board of Trustees had constituted a committee to give a detailed report and suggestions to deal with splitting of wages by employers for reducing EPF liability."
The body is studying the judgement and would soon come out with a detailed plan to implement the judgement," a source privy to the development said. Image source: PTI