New Delhi: The Union government announced a three-month extension of Employees’ Provident Fund (EPF) contribution of 24% (12% employees’ share and 12% employers’ share) from June to August under Pradhan Mantri Garib Kalyan Yojana (PMGKY)/Aatmanirbhar Bharat.
The decision, taken after a Cabinet meeting, means that the government will continue to pay the EPF contribution for both employees and employers till August 2020.
This will amount to an estimated expenditure of Rs 4,860 crore for the government and will benefit over 72 lakh employees.
In March, the government had announced EPF assistance for organisations having up to 100 employees and 90 per cent of the employees drawing wage up to Rs 15,000 per month.
Berhampur: Continuing to target places of worship in different parts of Odisha, burglars struck at…
New York: US President-elect Donald Trump has nominated an Indian American entrepreneur and former aide…
New Delhi: BJP MPs Pratap Sarangi and Mukesh Rajput, who suffered head injuries in the…
Pune: Three people, including two toddlers, died on Monday when a dumper truck run over…
Lucknow: Three terrorists accused of lobbing a grenade at a police post in Punjab’s Gurdaspur…
Malkangiri: If things go as per plan, flight services between Odisha’s Malkangiri town and Visakhapatnam…
This website uses cookies.