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Contributing towards EPF? You should know this

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Employee provident fund which is popularly known as EPF is an investment scheme which helps salaried people save money for their retirement. Under this scheme, employees contribute 12% of their basic salary towards the EPF account and the equal amount will be contributed by the employers. Now, this 12% of employees' contribution has been reduced to 10%, thus increasing the take-home salary. This is done with the intention of giving relief to salaried people during this coronavirus pandemic. Watch this video to know everything about this new change. 

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