Gig firm contributions towards staff social security to be mandatory soon

Code approved by Cabinet will also have provisions enabling self-employed workers to make voluntary contribution towards EPF schemes; Gig workers to enjoy ESIC benefits as well

Topics
gig economy | social security | EPF taxation

Somesh Jha  |  New Delhi 

Gig companies will be asked to make a contribution towards social security funds set up for platform workers, according to the social security code approved by the Union Cabinet on Tuesday.

The code will also have provisions to enable self-employed workers to make voluntary contribution towards Employees’ Provident Fund schemes, a senior government official said, requesting anonymity. “The code has made provisions for contribution from companies towards gig workers. There will not be worker-based contribution but some monetary contribution towards funds meant for social ...
First Published: Wed, September 09 2020. 20:34 IST