PF Latest News 2021 : Now Pay Interest on Employees Earing on PF above 2.5 Lack
New Delhi : As Union Minister announced the budget of 2021 . There are Many changes happen in Tax Process of PF . Which is going to impact directly or Indirectly to PF Subscribers in after March onwards .
The Union Minister announced there will be charges on above 2.5 lacks of earning on employees of there PF saving and Investment. This is really big changes for those employees who's salary is very High.
This change will not impact to low earning employees . This will be applicable from 1 April 2021 . Apart from this there is one more update about
ESI Employees, An amendment in this regard is proposed in the Finance Bill
2021, to ensure that firms deposit the social security contributions of their employees
like Employees' State Insurance (ESI) well in time. This will help to
those employees who comes under ESI .
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