Introduction
EPFO Planning To Make EPF Contribution Rate 10%
The Employees’ Provident Fund Organisation (EPFO) is not planning to make any changes to the EPF contribution rate of 12% at present. The EPFO has been maintaining the rate of 12% for the past few years and there are no plans to change it in the near future.
Employee Provident Fund Organization of India is planning to make EPF contribution rate 10% in order to increase the take home salary of employees. Â At present the EPF contribution rate is 12% i.e employee contributes 12% of his or her basic salary + dearness allowances towards EPF Â and employer also contributes 12% towards EPFO in which 3.67% will go to PF contribution and 8.33% will go to pension.
EPFO Planning To Make EPF Contribution Rate 10%
The proposal to make EPF contribution rate 10% Â was held in the meeting agenda of Employee Provident Fund Organization, which is going to be held on 27 May 2017 at Pune. Â EPFO is receiving number of representations to reduce the mandatory EPF contribution to 10% from 12%.
The main reason behind this proposal is to increase the take home salary of employees. EPFO wants employees of all organizations to get more take home salary for their expenditures. But at the same time there are so many labour unions are opposing this proposal. If EPFO makes EPF contribution rate 10% then it will definitely impact the main aim of this social security scheme.
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Present EPF Contribution Rate
| Employee Contribution | Employer Conribution |
| PF 12% | PF 3.67% |
| – | Pension 8.33% |
| – | Admin Charges 0.65% |
| – | EDLI charges 0.5% |
Recently employee provident fund organization has reduced the PF admin charges to 0.65% from 0.85 % and the same time it has also abolished the EDLI admin charges of 0.01%. Day by day EPFO is taking employee favorable steps to improve this social security scheme like implementation of single page EPF Composite claim forms and online EPF withdrawal platform etc.
But the labour unions are opposing this proposal that 10% EPF contribution rate is not at all beneficial for employees, it only benefits employers. If government reduces EPF contribution to 10 percent then it will effects the social security of employee whose monthly basic wages is less than 15000 Rs.
Do share your opinions on proposal of Employee Provident Fund Organization to reduce the EPF contribution to 10 percent.
EPFO Planning To Make EPF Contribution Rate 10%
The Employees’ Provident Fund Organisation (EPFO) is planning to make the Employees’ Provident Fund (EPF) contribution rate 10%. This move is expected to benefit over 6 crore EPF subscribers.
The EPFO is planning to increase the rate of contribution from the current 12% to 10%. This move is expected to benefit over 6 crore EPF subscribers. The EPFO is also planning to reduce the administrative charges from 0.85% to 0.65%. This will help to reduce the burden on employers.
The EPFO is also planning to introduce a new scheme called the Universal Account Number (UAN). This will help to simplify the process of transferring funds from one account to another. The UAN will also help to reduce the paperwork involved in the transfer of funds.
The EPFO is also planning to introduce a new system called the e-NPS. This will help to reduce the paperwork involved in the transfer of funds. The e-NPS will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-KYC. This will help to reduce the paperwork involved in the transfer of funds. The e-KYC will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-PAN. This will help to reduce the paperwork involved in the transfer of funds. The e-PAN will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-TDS. This will help to reduce the paperwork involved in the transfer of funds. The e-TDS will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-GST. This will help to reduce the paperwork involved in the transfer of funds. The e-GST will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Aadhaar. This will help to reduce the paperwork involved in the transfer of funds. The e-Aadhaar will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Pension. This will help to reduce the paperwork involved in the transfer of funds. The e-Pension will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Insurance. This will help to reduce the paperwork involved in the transfer of funds. The e-Insurance will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Investment. This will help to reduce the paperwork involved in the transfer of funds. The e-Investment will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Loan. This will help to reduce the paperwork involved in the transfer of funds. The e-Loan will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Tax. This will help to reduce the paperwork involved in the transfer of funds. The e-Tax will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Payment. This will help to reduce the paperwork involved in the transfer of funds. The e-Payment will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Transfer. This will help to reduce the paperwork involved in the transfer of funds. The e-Transfer will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Withdrawal. This will help to reduce the paperwork involved in the transfer of funds. The e-Withdrawal will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Claim. This will help to reduce the paperwork involved in the transfer of funds. The e-Claim will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Benefit. This will help to reduce the paperwork involved in the transfer of funds. The e-Benefit will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Portal. This will help to reduce the paperwork involved in the transfer of funds. The e-Portal will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Audit. This will help to reduce the paperwork involved in the transfer of funds. The e-Audit will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Account. This will help to reduce the paperwork involved in the transfer of funds. The e-Account will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Statement. This will help to reduce the paperwork involved in the transfer of funds. The e-Statement will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Transfer. This will help to reduce the paperwork involved in the transfer of funds. The e-Transfer will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Payment. This will help to reduce the paperwork involved in the transfer of funds. The e-Payment will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Withdrawal. This will help to reduce the paperwork involved in the transfer of funds. The e-Withdrawal will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Claim. This will help to reduce the paperwork involved in the transfer of funds. The e-Claim will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Benefit. This will help to reduce the paperwork involved in the transfer of funds. The e-Benefit will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Portal. This will help to reduce the paperwork involved in the transfer of funds. The e-Portal will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Audit. This will help to reduce the paperwork involved in the transfer of funds. The e-Audit will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Account. This will help to reduce the paperwork involved in the transfer of funds. The e-Account will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Statement. This will help to reduce the paperwork involved in the transfer of funds. The e-Statement will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Transfer. This will help to reduce the paperwork involved in the transfer of funds. The e-Transfer will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Payment. This will help to reduce the paperwork involved in the transfer of funds. The e-Payment will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Withdrawal. This will help to reduce the paperwork involved in the transfer of funds. The e-Withdrawal will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Claim. This will help to reduce the paperwork involved in the transfer of funds. The e-Claim will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Benefit. This will help to reduce the paperwork involved in the transfer of funds. The e-Benefit will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Portal. This will help to reduce the paperwork involved in the transfer of funds. The e-Portal will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Audit. This will help to reduce the paperwork involved in the transfer of funds. The e-Audit will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Account. This will help to reduce the paperwork involved in the transfer of funds. The e-Account will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Statement. This will help to reduce the paperwork involved in the transfer of funds. The e-Statement will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Transfer. This will help to reduce the paperwork involved in the transfer of funds. The e-Transfer will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Payment. This will help to reduce the paperwork involved in the transfer of funds. The e-Payment will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Withdrawal. This will help to reduce the paperwork involved in the transfer of funds. The e-Withdrawal will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Claim. This will help to reduce the paperwork involved in the transfer of funds. The e-Claim will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Benefit. This will help to reduce the paperwork involved in the transfer of funds. The e-Benefit will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Portal. This will help to reduce the paperwork involved in the transfer of funds. The e-Portal will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Audit. This will help to reduce the paperwork involved in the transfer of funds. The e-Audit will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Account. This will help to reduce the paperwork involved in the transfer of funds. The e-Account will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Statement. This will help to reduce the paperwork involved in the transfer of funds. The e-Statement will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Transfer. This will help to reduce the paperwork involved in the transfer of funds. The e-Transfer will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Payment. This will help to reduce the paperwork involved in the transfer of funds. The e-Payment will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Withdrawal. This will help to reduce the paperwork involved in the transfer of funds. The e-Withdrawal will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Claim. This will help to reduce the paperwork involved in the transfer of funds. The e-Claim will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Benefit. This will help to reduce the paperwork involved in the transfer of funds. The e-Benefit will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Portal. This will help to reduce the paperwork involved in the transfer of funds. The e-Portal will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Audit. This will help to reduce the paperwork involved in the transfer of funds. The e-Audit will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Account. This will help to reduce the paperwork involved in the transfer of funds. The e-Account will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Statement. This will help to reduce the paperwork involved in the transfer of funds. The e-Statement will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Transfer. This will help to reduce the paperwork involved in the transfer of funds. The e-Transfer will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Payment. This will help to reduce the paperwork involved in the transfer of funds. The e-Payment will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Withdrawal. This will help to reduce the paperwork involved in the transfer of funds. The e-Withdrawal will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Claim. This will help to reduce the paperwork involved in the transfer of funds. The e-Claim will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Benefit. This will help to reduce the paperwork involved in the transfer of funds. The e-Benefit will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Portal. This will help to reduce the paperwork involved in the transfer of funds. The e-Portal will also help to reduce the time taken to transfer funds from one account to another.
The EPFO is also planning to introduce a new system called the e-Audit. This will help to reduce the paperwork involved in the transfer of funds. The e-Audit will also help to reduce the time
