we are eligible for PMGKY scheme which expired on May'20 wage month. Now govt has come up with another scheme with reduced PF rate applicability since May wage month for three months.
Now my question is being a PMGKY schemeholder, will we be eligible for reduced PF scheme since Jun wage month as PMGKY gets expired in May wage month
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Reduced PF rate of 10% applicability to PMGKY scheme holders
Replies (1)
Yes, you are eligible for PMGKY reduced PF rate applicability since Jun'20.
All the scheme holders of PMGKY scheme until May'20 will automatically be added to the same scheme for Jun'20 as well.
Which means you will be added to the newly altered scheme.
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