In short EPF Bill 2019
1.Clarity on Definition of wages for Contribution Wages will be in line with the code of wages bill 2019
2.Changes in rate of contributions by employees based on age gender etc
3.Limitation of 7A 5years
4.Option for NPS
5.Penalty 10 times ex if it is 10k it will be 100k
6.PF Trusts stronger guidelines on functioning
For more you can click the link Major changes are highlighted
https://arghaa.com/news/proposed-epf...brief-note/694
Cite.Co is a repository of information created by your industry peers and experienced seniors made possible with help from our prime sponsors like:

TALENTEDGE Who provide a platform for "interactive anywhere learning". Courses from top reputed institutes like IIM, XLRI, MICA. View Courses

FACTOHR - Provides Customised Payroll, GPS Enabled Attendance, Travel, Performance Management, HRMS that can help streamline your organisation. Explore Features

Register Here and help by adding your inputs. Contributions From Other Members Follow Below...
Add Reply Start A New Discussion






About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2019 Cite.Co™