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Investor Presentaiton

WORKERS PROFITS PARTICIPATION FUND Page 29 Rate of contribution: Likewise the Federal WPPF Act, the rate of contribution remains the same i.e. 5% of profit for the year. The tim-line for payment is also the same i.e. 9 months from the close of the accounting year Eligible Workers to benefit from WPPF: The wage categories for the disbursement of benefits to the workers are as under: ā˜ Workers drawing average minimum monthly wages as fixed by the Government from time to time; Workers drawing average minimum monthly wages as fixed by the Government from time to time but not exceeding Rs.20,000; WWF and WPPF EY Building a better working world
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