Covid19 relief measures attached
Government to pay the EPF contribution for the next 3 months for establishments with upto 100 employees
75% or 3 month's non-refundable advance allowed from EPFs more
75% or 3 month's non-refundable advance allowed from EPFs more
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What exactly is the relation between COVID-19 and giving 3 months PF contribution for people who will get their salaries sitting at home is unclear. Crores of daily laborers are walking back 500-100km back home. NO ACTUAL RELIEF (forget those declarations) in such situation extending FY18-19 return date (god knows why they didn't submit till 31-7-2019) for 3 months, this PF and most importantly EMI extension for 3 months for salaried class is unnecessary and uncalled for towards COVID 19 matter. more
Mar 28
Paying EPf contribution is for small companies around 100 where 90% are paid less than 15000. Also the other point to note where you can take out 75% of your balance or 3 months wages .This will be maximum 5400 rs. more
Mar 28
