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      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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