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
11th September 2019 From India, Chennai
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