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Labour Laws Central Ministry of Labour and Employment Employees' Provident Funds and Miscellaneous Provisions Act, 1952

COVID-19- EPFO Reduces The Contribution Rate To Ten Per Cent From Existing Rate Of Twelve Per Cent

18-May-2020 | S.O.1513(E)

As per the notification Government has amended by adding new Clause which refers to; "Any establishment other than Central public sector enterprises and state public sector enterprises and other establishments owned by, or under the control of the Central Government or the State Government, as the case may be, in respect of wages payable by it for the months of May, June and July 2020". This clause shall not be applicable to the establishments eligible for relief under the Pradhan Mantri Garib Kalyan Yojna guidelines Therefore, the contribution which shall be paid by the employer to the EPF shall be Ten per cent and the employee's contributions shall be equal to the contribution payable by the employer in respect of wages payable to employees for the months of May, June, July 2020.

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