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      Question

      Which of the following Provident Fund is exempt up to

      12% of employee's salary, from employer's contribution?
      A Statutory Provident Fund Correct Answer Incorrect Answer
      B Recognised Provident Fund Correct Answer Incorrect Answer
      C Public Provident Fund Correct Answer Incorrect Answer
      D Unrecognised Provident Fund Correct Answer Incorrect Answer

      Solution

      Recognised Provident Fund provide tax exemptions on the employer's contribution up to 12% of the employee's salary, while the Public Provident Fund and Unrecognised Provident Fund do not have such provisions.

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