Please provide Merits and Demerits on Textile Industry in India in Union Budget 2018.
In the budget 2018, a proposal has been passed to reduce EPF contribution of
women employees from existing 12% to 8%.
1) Is this amendment effective for salaries to be paid for the month of
any date from when it shall be effective?
2) Further, such reduction is applicable only for NEW women recruits or for both
new recruits and existing women working in a company?
Please let me know what is the cash withdrawal limit for Company, Partnership Firm, Proprietorship Concern, Trust, Society i.e. other than Individual & HUF.