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EPFO may trim down PF contributions to 10%

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Trustees of retirement fund body EPFO may approve a proposal tomorrow to reduce the mandatory contributions toward social security schemes run by it to 10 per cent for workers as well as employers. Presently, employees and employers contribute 12 per cent of basic wages each towards Employees Provident Fund Scheme (EPF), Employee Pension Scheme (EPS) and Employee Deposit Linked Insurance Scheme (EDLI). The proposal to reduce the contributions by employers and employees to 10 per cent of basic wages, including basic pay and dearness allowance, is listed on the agenda for meeting of the Employees' Provident Fund Organisation (EPFO) scheduled on May 27, 2017 in Pune, a source said. लेटेस्ट न्यूज व्हिडीओज् पाहाण्यासाठी...सबस्क्राईब करा आमचा यूट्युब चॅनेल...http://bit.ly/jmnsubscribeSubscribe to our channel for Latest news and updates in marathi, marathi news, maharashtra news, breaking news, headlines, Latest news, video, marathi newspaper, marathi movie, sports news, international news, world news, crickets, entertainment news, bollywood, National news, Agriculture, business, Politics news, health, science, business, exclusive news, Live TV, photogallery, blog, poll, opinion, मराठी न्यूज, जय महाराष्ट्र न्यूज, महाराष्ट्र न्यूज.Don't forget to Like & Share for more news and VideosSubscribe to our Youtube:http://bit.ly/jmnsubscribeLike us on Facebook: https://www.facebook.com/JaiMaharasht...Follow us on Twitter: https://twitter.com/JaiMaharashtraNCircle us on Google plus: https://plus.google.com/+Jaimaharasht...Visit us on: http://jaimaharashtranews.tvJai Maharashtra Live TV: http://bit.ly/2bCRYJIFor Caller Tunes & Ringtone: http://bit.ly/2dogPk9

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