Applicability Of Pf Fy 2024-24. The esic has fixed the contribution rate of the employees at 0.75% of their wages and the employer's contribution. The following deductions under new tax regime are still available for tax payers:
Deposits made into the employee provident fund (epf) will bear interest at the rate of 8.25%. Things get complicated but let’s look at the timeline and try to simplify the different income tax slabs of bold old and.