Madhu.T.K
Industrial Relations And Labour Laws
Rkn61
Hr Manager
Puran
Finance Officer
HR_Jayesh Soni
Asst. Manager Hr & Admin
Srinath Sai Ram
Hr Manager
Suresh2511
Labour Consultant
+1 Other

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Dear All, Recently government has announced regarding EPF contribution from 12% to 10% for next three months My query is, its applicable from which month ? Thanks
It shall be from June 20, July & Aug 20.
Is it not applicable from the wage month of May 2020 onwards?
On the basis of feed back from EPFO officials, this slashing of contributions shall be
from June 20 onwards. However, as of now, no official communication/circular is emanated
from Central PF Commissioner's Office, New Delhi

Thanks all for your reply’s Please pass circular if circulate by EPF regarding same.
Hi ,
Epf 10% is applicable for May, June and July-20 ( Notification Attached).
One Query, Please help to resolve:-
Who will get the benefit of reduce 4% amount, employee only or Employee and employer both, if Employer Contribution to EPF is Part of CTC ?


Attached Files
File Type: pdf PF Notification for 10% Contribution Rate for 3 Months.pdf (1.18 MB, 383 views)

Dear Mr Singh,
If Employer wishes & his Financial Position is stable despite Lockdown, he may pass on the benefit to Employee.But, left to the discretion of Employer.It is not correct to think about CTC during Pandemic Situation.The purpose of reduction is to increase liquidity

Dear All
Though Provident Fund office has yet to upload the clarification on its portal under Tab " COVID",
the Press Information Bureau has issued the notification. It also talks of CTC in relation to employer share of PF.
It is applicable for wage months May, June and July 2020.
Regards
Puran Dangwal


Attached Files
File Type: pdf Provident Fund 12% to 10% Notification.pdf (123.3 KB, 155 views)

Dear All EPF Contribution reduced for three months May,June & July

Attached Images
File Type: jpeg EPF 12% to 10%.jpeg (92.7 KB, 100 views)


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