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Answered 2013-04-25 01:59:46

Every Month a portion of your Salary is deducted towards EPF - This will be referred to as "Employee Contribution". Your employer too contributes a certain amount every month towards EPF - This will be referred to as "Employer Contribution".

Employee Contribution: 12% of your Basic Salary + DA (Comes out of your Salary)

Employer Contribution: Another 12% of your Basic Salary + DA (Comes out of your Employers Pocket)

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how many staff should e in a company to start provident fund


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