What is the rate of contribution to Employee Provdident Fund?

June 28, 2022 /

12% of the basic salary is contributed by salaried individuals and the other 12% is contributed by the employer for each month ( Employer contributes total 13.61% as he has to bear administration as well) .Employees complete 12% goes to PF account while employer contributions’ 8.33% goes to Pension Fund and 3.67% goes to PF.

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