Government of India vide notification S.No.1513 has amended the earlier notification dated S.O.320 (E) dated the 9th April 1997 which retained the rate of contribution at Ten per cent to – (i)Any establishment in which less than twenty persons are employed, (ii) Any sick industrial company, (iii) Any establishment which has at the end of any financial year accumulated losses equal to or exceeding its entire net worth and (iv) Any establishment in Jute, Beedi, Brick, Coir and guar gum industry. As per the new notification Government has amended by adding new Clause which refers to; “Any establishment other than Central public sector enterprises and state public sector enterprises and other establishments owned by, or under the control of the Central Government or the State Government, as the case may be, in respect of wages payable by it for the months of May, June and July 2020”. Provided that this clause shall not be applicable to the establishments eligible for relief under the Pradhan Mantri Garib Kalyan Yojna guidelines issued by the Employees Provident Fund Organisation (EPFO). Therefore for the establishments registered under the Act other than Government enterprises/establishments and establishments already seeking relief under the Pradhan Mantri Garib Kalyan Yojna, the contribution which shall be paid by the employer to the EPF shall be Ten per cent and the employee’s contributions shall be equal to the contribution payable by the employer in respect of wages payable to employees for the months of May, June, July 2020.
