Dear All,
We know that the Government has announced that the PF rate will be 10% for 3 months. I had a doubt that the reduction may not be compulsory. I have written a letter to senior officials (you can see). In the FAQ (point Number 12), it is mentioned that both the employer and employee can pay higher.
This is for your reference. Please share your views in the comment box.
Thanks,
Mukund Roy
9210695698
From India, Delhi
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12We know that the Government has announced that the PF rate will be 10% for 3 months. I had a doubt that the reduction may not be compulsory. I have written a letter to senior officials (you can see). In the FAQ (point Number 12), it is mentioned that both the employer and employee can pay higher.
This is for your reference. Please share your views in the comment box.
Thanks,
Mukund Roy
9210695698
From India, Delhi
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Legal Clarification on Termination for Criminal Case & PF Contribution Reduction.pdf