Under the Code on Social Security, 2020, the standard rate of employer's contribution to the Employees' Provident Fund is ten per cent of wages, but the Central Government may, by notification after due inquiry, specify certain establishments for which this rate shall stand modified to:

The Code on Social Security, 2020 provides for the establishment of a Provident Fund Scheme under which the employer's contribution shall ordinarily be ten per cent of the wages payable to each employee, with the employee's contribution being equal to the employer's contribution (though an employee may voluntarily contribute more, without any corresponding obligation on the employer to match the excess). The Code, however, permits the Central Government, after making such inquiry as it deems fit, to notify specified establishments or classes of establishments for which the words "ten per cent" shall be substituted with "twelve per cent," at both places where the phrase occurs. This modification mechanism carries forward the differential contribution structure that existed under the Employees' Provident Funds and Miscellaneous Provisions Act, 1952, under which certain notified industries (such as those employing 20 or more persons in specified categories) were already subject to the higher twelve per cent rate.