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Government of India will pay 24% in EPF for companies with less than 100 Employees for next 90 Days

  • Government of India will pay the Employees’ Provident Fund (EPF) contribution, both of employer and employee put together it will be 24 %
  • This will be for next 90 Days
  • This is for those establishments which have upto 100 employees and 90 per cent of them get less that 15,000
  • Finance Minister Nirmala Sitharaman said on 26th March 2020

Non Refundable EPF Withdrawal allowed upto 75% of their balance or 3 months’ wages, whichever is low) (4.8 Crore workers will get benefit)

Construction Workers – Instruction to State Governments for using Labour Welfare Fund which has Rs. 30K Crore (Benefit will flow to 3.5 Crore registered workers)

District Mineral Funds – Request to State Government to use District Mineral Funds

Short Video – Nirmala Sitharaman press conference-26th March 2020

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