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EPF contributions News

Employees Provident Fund

21 Sep 2022

Increase your take-home salary with this simple trick; check how

Employees and Employer contribute 12 per cent each to the EPF Minimum EPF deduction has been set at Rs 1800 Employees can voluntarily contribute more to the EPF

Atmanirbhar Bharat Rozgar Yojana

09 Dec 2020

Atmanirbhar Bharat Rozgar Yojana to encourage fresh hiring; check details

The govt will provide subsidy for two years in respect of new employees engaged on or after 1st Oct 2020 and up to 30th June 2021 It will pay both 12% employees' contribution and 12% employers' contribution i.e. 24% of wages towards EPF It will pay only employees' share of EPF contribution i.e. 12% of wages in respect of new employees in establishments employing over 1000 employees for two years

EPF contributions

13 May 2020

EPF contribution reduced to push take-home salary of employees

The government move is to increase take-home salary for employees and to give relief to employers in payment of provident fund.

23 Mar 2017

EPF contributors above statutory limit to be benefited: Govt

The Centre on Thursday clarified that the members of the retirement fund body EPFO, who have made EPF contributions on wages above the statutory limit, would be benefited accordingly.

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