Amit Leather Wear Sr. Administration Executive Interview Questions and Answers

New changes in PF and ESI regulations

• The government has increased the wage ceiling for ESI coverage from Rs. 15,000 to Rs. 21,000 per month

• The contribution rate for ESI has been reduced from 6.5% to 4%

• The government has proposed to reduce the contribution rate for PF from 12% to 10%

• The PF contribution for women employees has been reduced to 8% for the first three years of employment

• The government has also proposed to m...read more