[ad_1] The government has reduced the employer and employee contribution to the latter’s EPF account from 12% of the employee’s salary to 10% over the next 3 months as part of the coronavirus relief measures. In this way, employers will save money due to the 2% reduction in their contribution …
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[ad_1] NEW DELHI: In great relief to taxpayers, Finance Minister Nirmala Sitharaman announced key reforms to the tax structure on Wednesday. The measures, announced as part of the government’s Rs 20 lakh crore economic stimulus package, aim to increase available cash and ease liquidity pressure facing people due to the …
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[ad_1] For state-owned companies, the employer contribution will remain 12%. To provide more net salary to employees and give relief to employers, the contribution of the EPF (Employee Provident Fund) is being reduced for companies and workers for three months, the government said today. This will amount to a liquidity …
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