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Tag: contribution of epf

PF Contribution Rates and Universal Social Security

September 2, 2020 Animay Singh 4 Comments

Introduction The Employees’ Provident Fund Organization is one of the world’s largest social security providers which covers approximately 10,24,188 establishments with 1,934 lakh members as of the financial year 2016-17. It administers three major schemes, namely: –  Employees’ Provident Funds Scheme Employees’ Pension Scheme Employees’ Deposit-Linked Insurance Scheme Prior to the onset of COVID-19, PF contribution rates were fixed at 12% for both employers and employees. This figure excludes administrative charges that are borne solely…

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Filed under: Code on Social Security, contribution of epf, contribution provident fund, employee contribution in pf, Employees’ Provident Fund, Employees’ Provident Fund Organization, Employees’ Provident Funds Scheme, EPF, epf contribution, epf contribution by employer, EPFO, ilo, PF Contribution, pf contribution details, PF Contribution Rates, provident fund contribution, rate of pf contribution, Universal Social Security

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