The Union government is considering doing away with caps on the share of an employee's salary contributed towards pension to enable higher deductions by those who want higher retirement payouts, as part of a series of upcoming reforms, a senior labour ministry official said on Thursday.
An employer and worker both are required by law to contribute 12% of a person's basic salary towards a corpus managed by the Employees' Provident Fund Organisation (EPFO), the state-run retirement fund manager. Provident funds provide retirement benefits for nearly 67-million salaried Indians and often are the key corpus of lifetime savings for the working class.
この記事は Hindustan Times の November 29, 2024 版に掲載されています。
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この記事は Hindustan Times の November 29, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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