The central government is preparing to update the Employees Provident Fund Organization (EPFO), which runs a social security scheme for 6 crore employees of the organized sector. In which, according to sources in the Ministry of Labor & Employment, for subscribers Many new benefits can be announced in EPFO 3.0. At present, employees have to contribute 12% of the basic pay. But the government can deposit the amount in EPF account as per their wish and whenever they want. Watch the video till the end to know the complete information.
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