Nice and easy explanation of the notification from Employees Provident Fund Organisation (EPFO) of India which says that now we will have to contribute towards the provident fund on the basis of allowances as well. This will reduce your take home salary.
http://ibsindia.org/blog/deeper-pf-cut-will-help-in-long-term/
http://ibsindia.org/blog/deeper-pf-cut-will-help-in-long-term/
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