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Reduced EPF contribution: 16 questions answered by EPFO ​The reduction in EPF contribution to 10 per cent from 12 per cent was announced by Finance Minister Nirmala Sitharaman as a part of the Atmanirbhar Bharat Package to provide some relief to employers and also to increase the take-home pay of the employees.

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EPFO settles 36.02 lakh claims worth Rs 11,540 crore in April-May Out of this, 15.54 lakh claims, which saw disbursement of Rs 4,580 crore to claimants, were related to the recently introduced COVID-19 advance under Pradhan Mantri Garib Kalyan Yojana (PMGKY).

EPF contribution at 10% likely to push up your take home by only 1-2% As per the analysis, a 4% gross increase of basic wages due to reduction in EPF contribution to 10% for both employers and employees for May, June and July 2020 may not make a material difference to an employee.

Urgent Vacancy!!

Work for the best shipbuilding and engineering company in Goa.
Salary according to the industry standard.
Safe work, best work ethics, best pay.

Vacancy in the industry suitable to your passion.
Job location: Old Goa, Tiswadi, Goa.

Call 9923664542 / 7767059462 for further details.

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5 reasons for rejection of EPF withdrawal claim and how to avoid it Given below are five reasons why your EPF withdrawal claim can get rejected by the EPFO and what you should do to avoid the rejection of a claim.

Govt. implements cut in EPF contribution to 10% for May, June and July The take home pay due in June, July and August will increase, while the employers’ contributions due in June, July and August will reduce

Benefits of EPF rate cut! Read below.

Coronavirus lockdown | EPF rate cut to benefit employees, employers It will help both to tide over the immediate liquidity crisis to some extent, says EPFO

EPF withdrawal due to coronavirus: 20 questions answered by EPFO To help EPF members with the withdrawal process due to COVID-19, on April 26, 2020, the EPFO issued a set of FAQs.

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Transfer of EPF accounts: 17 questions answered by EPFO Here are the 17 questions and their answers for those members looking to transfer their EPF accounts.

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How to make EPF withdrawal claim online To apply for claim online, an EPF account holder should satisfy three conditions. Also as per amended EPF rules, members can now withdraw from their EPF accounts to tackle covid-led financial distress.

All your questions related to EPF contribution answered below. Contact Us for more enquiry!

Reduced EPF contribution: 16 questions answered by EPFO ​The reduction in EPF contribution was announced by Finance Minister Nirmala Sitharaman as a part of the Atmanirbhar Bharat Package to provide some relief to employers and also to increase the take-home pay of the employees.