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EPFO to discuss making EPF optional for apparel workers

EPFO to discuss making EPF optional for apparel workers

Friday, March 24, 2017, 7:00 AM

Retirement fund body EPFO will consider a proposal to amend the EPF & MP Act for making provident fund contributions optional for employees in apparel and made-ups sector at the trustees' meet. However, the trade unions are against this move saying this would encourage such an exemption for other sectors as well in future and might defeat the purpose of retirement savings.
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