Central Government will pay June, July and August PF Amount
2,500 crore has been allocated for this purpose. This will benefit 3.67 lakh companies and 72.25 lakh employees. Since the government pays the amount of PF, the companies have a saving of Rs 6,500 crore. In the next quarter, companies and workers will pay PF 10 percent. Labor and employee benefits are reduced by 2 percent.