Question
The provident fund created under the provident fund
scheme given in the Social Security Code 2020, is contributed by the employer at what percentage of the wages?Solution
Explanation: In this scheme, the employer is required to contribute 10% of the wages of each employee (whether directly employed or employed through a contractor) to the fund. The employee's contribution will be equal to the contribution made by the employer on their behalf. However, if an employee wishes to contribute more than 10% of their wages, they are allowed to do so. It's important to note that the employer is not obligated to contribute more than their required contribution.
Using Internet for information search for product information satisfies which requirement?
Which loan is included under Priority Sector Lending (PSL)?
Relationship selling is best for:
Reminder advertising is most likely to be used at which stage of the product life cycle?
Which pricing strategy is most suitable for launching an innovative banking app?
In considering its competition, a firm must assess the likelihood of new entrants. Additional producers in the marketplace typically:
Components of a consumer's income include:
Which of the following is NOT an example of a purchase of industrial goods?
Smaeera wants to go for a massage to ease her back pain but he fears that it cannot be tried and felt like a pair of jeans before buying, She is concern...
As a step towards reducing our carbon footprint, the government recently made subsidies available to citizens who made their homes more energy-efficient...
Relevant for Exams:
