Please provide any clarification regarding below points related to union budget changes 2016-17.
1. PF employer contribution amount to be paid by Govt for 3 years based on conditions- Is it applicable to Only Govt employees or all having PF contribution.
2. Employer PF contribution to be handled by Govt- how about the posting and contribution from payroll process perspective.
3. PF contribution by Govt is for new joiners- new joining in company or new PF number as starting from fresher.
4. Are the proposed changes being finalized for implementation.
Thanks & Regards,