Question

     Under EPF rules, an employer has to contribute ___

    percent of the basic salary of an employee into EPF.
    A 10% Correct Answer Incorrect Answer
    B 12% Correct Answer Incorrect Answer
    C 15% Correct Answer Incorrect Answer
    D 14% Correct Answer Incorrect Answer
    E 18% Correct Answer Incorrect Answer

    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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