Image Credits: India Today, Economic Times Union Finance Minister Nirmala Sitharaman and Minister of State for Finance Anurag Thakur addressed a press conference to give details of the Rs 20 lakh cr relief package announced by PM Narendra Modi under the Atma Nirbhar Bharat Abhiyaan.
In a separate tranche, it was announced that the Provident Fund (PF) contribution rates were lowered to 10 per cent.
The Employee Provident Fund (EPF) is an arrangement that helps employees save a significant amount for retirement.In this scheme, an employee has to contribute 12 per cent of their basic income towards the fund every month. […]
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