StocksMarket.in

Budget proposal to cut women’s PF contribution to 8% faces opposition

February 22
06:48 2018

The Budget proposal to lower the rate of contribution for women workers under the Employees’ Provident Fund Organisation (EPFO) to 8 per cent from 12 per cent faced opposition from both workers and employers on Wednesday. “There were some apprehensions from both sides.

We will take a call on the issue,” Labour and Employment Ministry Secretary M Sathiyavathy told reporters after attending a central board of trustees meeting of the retirement fund body, chaired by Labour and Employment Minister Santosh Gangwar here.

Related Articles

Archives