Question
What percentage from the employer’s contribution
towards EPF is directed towards Employees’ Pension Scheme?Solution
Employee Provident Fund (EPF) is a retirement benefit scheme maintained by the Employees’ Provident Fund Organization (EPFO). The employee and the employer contribute to the EPF scheme on monthly basis in equal proportions of 12% of the basic salary and dearness allowance. Out of the employer’s contribution, 8.33% is directed towards the Employee Pension Scheme (EPS), 0.50% towards Employees’ Deposit-linked Insurance scheme (EDLI) and the remaining is retained in EPF.
Calculate Net profit to capital ratio.
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A company fails to accrue wages for march that will be paid in April. The company’s year-end balance sheet liabilities:
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1)Â Â Â NSE was established in 1992.
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As per the UK Sinha Committee, which of the following measures was proposed to improve the financing of MSMEs?