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Former Member
May 07, 2016 at 10:44 AM

Union Budget changes 2016-17


Hi Experts,

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,