Tags
The Labour Ministry has directed the EPFO to take necessary action to reduce the employers’ contribution to the EPF from 12% to 10%. The directive is only to favour the employers. In fact, what the EPFO suggested to government was to reduce the employees’contribution from 12% to 10% and keep the 12% as it is for employer. But the government wanted to favour employers by reducing their contribution. Realising that there will be a backlash from the people, the media and the workers, government has now directed that both the contribution should be reduced to !0%. What this means is that the EPF contribution will be reduced by 4% which will be a big loss to the workers.
CITU and other Central trade Unions have condemned this anti-worker move of the Government. The government should be compelled to back-tract from this anti-labour decision.
Maharashtra ka kya ho raha sir ji
Tell me what is the problem.
No reduction in read
After strong opposition by the Central Trade Unions in the EPFO meeting the proposed reduction of % of contribution from 12 to 10 has been dropped.