evidence: The plan is to pay newly employed folks registered under the Employees’ Provident Fund (EPF) their first month's salary, up to ₹15,000, if they earn up to ₹1 lakh a month. Plus, employers get reimbursed up to ₹3,000 per month for two years for EPF contributions for each new hire. There’s also a similar deal for the manufacturing sector with slightly different rules. [...] Third, you can save taxes by claiming deductions on the contribution your employer makes on your behalf to the National Pension Scheme (NPS). Previously, employees working for central or state government companies could claim a deduction of up to 10% of their salary for these contributions. But now that has been bumped up to 14%, whether you work in the private or public sector.