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Start learning 50% faster. Sign in nowUnder EPF rules, an employer has to contribute 12 percent of the basic salary of an employee into EPF. Out of this amount, 8.33 percent goes into EPS. The current salary cap on EPF is Rs 15,000 a month. So, the maximum contribution to EPS is Rs 1,250 a month. A 1996 amendment in the EPS Act gives employees the option to raise pension contribution to 8.33 percent of the actual salary (basic + DA).
Which country's civil servants recently completed the 4th Mid-Career Training Programme in New Delhi as part of a Memorandum of Understanding with India?
Which ministry is deliberating on the preparation of the Action Plan and Vision Document of India@2047?
Which Indian state topped NITI Aayog’s Fiscal Health Index 2025?
What is the total value of assets the government aims to monetize in the second phase of the National Monetisation Plan over the next five years?
Who was appointed Chairman of the Fertiliser Association of India (FAI) in June 2025?
What is the projected operational year for India's proposed space station, Bharat Antariksha Station?
Which countries signed a defence pact allowing joint military drills?
When was the Crocodile Conservation Project (CCP) originally launched in India?