Question
 Under EPF rules, an employer has to contribute ___
percent of the basic salary of an employee into EPF.Solution
Under EPF rules, an employer contributes 12% of the employee’s basic salary + DA. From this, 8.33% is allocated to the Employees' Pension Scheme (EPS), and the remaining 3.67% goes to the Employees’ Provident Fund (EPF). The employee also contributes 12% toward EPF.
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A relevant confession becomes irrelevant when
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