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  • News From Press EPF Act to be amended to include firms with 10 workers

    EPF Act to be amended to include firms with 10 workers

    Source: Economic Times Aug 2, 2016

    Government plans to amend the Employees Provident Fund Act to bring more workers under the ambit of retirement fund body EPFO by reducing the threshold for coverage of firms to 10 workers, Lok Sabha was informed today. 

    Labour and Employment Minister Bandaru Dattatreya said the plan is to amend the law so that firms with ten employees can also be brought under the ambit of EPFO to ensure more workers come under the umbrella of social security. 
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