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BUDGET 2018-19 ANNOUNCEMENT REGARDING EPF, Other Topics

Issue Id: - 113370
Dated: 2-2-2018
By:- SAFETAB LIFESCIENCE
BUDGET 2018-19 ANNOUNCEMENT REGARDING EPF

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Dear Experts,

It was announced that 12% EPF will be paid by Government for new women employer so that employment will be increased.

Does it mean, we (employer) need not to pay employer's contribution 12 %. Then only we can give more employment opportunities to new women employers. Am I right ?

For, existing women employees, we need to deduct only 8% instead of 12% EPF for 3 years from FY 2019-8-19. Am I right ??

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1 Dated: 2-2-2018
By:- MARIAPPAN GOVINDARAJAN

Probably you may right till clear instructions are received.


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