REFORM
BUSINESS
EPF contributions above 1800/month to be voluntary
Employees Provident Fund Organisation (EPFO) has mandated a 12% PF contribution on wages up to Rs 15,000 monthly for its eight crore members. Contributions beyond this statutory limit are now voluntary. Employees can choose to contribute mo
Pulse Bharat · Why it matters
Read the original at Times of India ↗
Employees with higher incomes can now choose to voluntarily contribute more to their EPF, providing flexibility in retirement savings and financial planning.