EPF CONTRIBUTION RATE

EPFO : EPF Limit Employees 20 or more registration mandatory

Employers contribute towards their Employees’ Provident Fund (EPF) at the rate of 12% of the basic salary from which 8.33% of their individual monthly salaries goes into the Employees’ Pension Scheme (EPS). However, this contribution cannot exceed Rs 1,250 i.e. 8.33% of Rs. 15,000 per month in the EPS Scheme. 0.5% of the total income …

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