Higher PF Deduction Now Needs Your Approval
The Employees’ Provident Fund Organisation (EPFO) has announced an important change that could affect the salaries of nearly 8 crore active PF subscribers. Under the new rule, only the mandatory PF contribution of ₹1,800 per month will remain compulsory. Any PF contribution beyond this amount will now be voluntary, giving higher-income employees more flexibility over … Read more