Reduced PF contribution for May, June, July 2020

10 % contribution for the months May, June And July’20 from employees salary, but what Is the breakup of employer’s share of 10%?

You need to contribute 10% + 10 %.; There is no refund of 2%+2%; There is no change in any other rate of contribution by employer i.e. EPS , Employee Provident Fund - Administration charges and EDLI.

Some Frequently Asked Questions about Reduction in statutory rate of EPF contribution from 12% to 10%

Powered by | India's No.1 Payroll and HR Software.
9000+ Clients
150 Cities
10 Lakh+ Users