EPF deduction for new women employees -Budget 2018

royal9090
Dear Experts,
In the budget 2018, a proposal has been passed to reduce EPF contribution of
women employees from existing 12% to 8%.
1) Is this amendment effective for salaries to be paid for the month of February 2018?
or any date from when it shall be effective?
2)Further, such reduction is applicable only for NEW women recruits or for both
new recruits and existing women working in a company?
Thanks.
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute