Hi,
New women employees can make an EPF contribution of 8% instead of 12%. What are the details? Is it still valid?
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Hi Prabha,
In order to encourage more employment of women, and to support higher take-home salary, this was introduced in the year 2018-19 union budget which provided that new women employees can make an EPF contribution of 8% instead of 12%.
However, this privilege is only for the first three years of employment. Though a woman employee contributes 8% towards EPF, the employer has to maintain its EPF contribution at 12%.
Regards,
Bhuvana Anand
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