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Employee Deposit Linked Insurance Scheme News
Employee Deposit Linked Insurance Scheme
EPFO: Central Board of Trustees rejects proposal to reduce PF contribution to 10%
Sun, May 28, 2017
The Central Board of Trustees (CBT), a retirement fund body of EPFO, has turned down the proposal to reduce the mandatory provident fund (PF) contributions from workers and employers from present 12% to 10% in a meeting held in Pune on Saturday.
This crucial EPFO decision may increase your 'in-hand' salary
Fri, May 26, 2017
The labour ministry received several representations stating that the move will leave more money with workers for expenditure and reduce employers liability, which will eventually perk up economy.