Understanding the implications of EPFO's new ruling on higher EPS pension contributions

Rashmi , Last updated: 06 May 2023  
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The EPFO has replaced the old rule for higher EPS pension contribution, which required an additional 1.16% of salary above the wage ceiling, with a new methodology. The new ruling states that the additional contribution will be taken from within the overall 12% employer contribution to the provident

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Rashmi
(business)
Category Corporate Law   Report

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