Reduction in statutory rate of EPF contribution from 12% to 10%
EPF contribution is reduced to 10% to increase the employees take home by 2%. This applicable for the wage months of May2020 to July 2020.
Notification has been issued under the EPF & MP Act, 1952 for reducing the rate of contributions. Under this package the statutory rate of EPF contribution of both employer and employee has been reduced to 10 percent of basic wages and dearness allowances from existing rate of 12 percent for all class of establishments covered under the EPF & MP Act, 1952
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About Jedhru:
Jedhru Informatics Pvt Ltd is Payroll Outsourcing company established in 2013 and specialist in providing end-to-end Payroll processing services, accurate statutory deductions, Employee Self Service, employee help desk, online leave management and attendance integration with bio-metric system
Jedhru helping customers by reducing their administrative work, time and money spending on complex payroll and employee queries while ensuring greater accuracy with up-to-date Statutory information.
We take over their payroll burden and help them focusing on their core business.
"We not only provide accurate Payroll Results but also keep our customers up-to-date on statutory changes and help them ensuring that payroll is complaint through statutory audit"
Our Services:
Payroll Processing
Statutory Compliance(PF, ESI, PT and TDS)
Employee Self Service Portal
Leave Management
Attendance Management
Virtual HR Services
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