A Byte a Day on EPF Act
What is the employer contribution to the provident fund?
As per the the EPF Act 1952, the employer contributes 13% on employee basic salary to the provident fund, however an employer contribution is divided into 3.67% contribution to provident fund, 8.33% contribution to employees pension scheme, 0.50% contribution to EDLI and 0.50% contribution to PF Administrative charges.
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