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      Question

      Under the Employees’ Provident Fund (EPF), which of

      the following statements is NOT correct?
      A EPF is compulsory for workers employed in companies with more than 20 staff Correct Answer Incorrect Answer
      B EPF contributions are tax-free Correct Answer Incorrect Answer
      C The employee contributes 12% of their salary, while the employer matches the contribution Correct Answer Incorrect Answer
      D Employers are not required to deduct EPF contributions Correct Answer Incorrect Answer

      Solution

      Employers are legally required to deduct EPF contributions from employees’ salaries and remit them to the EPFO.

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