Question

    Under the Code on Social Security, 2020, the Employee

    Provident Fund (EPF) contributions are applicable to employees drawing a monthly wage up to:
    A ₹10,000 Correct Answer Incorrect Answer
    B ₹25,000 Correct Answer Incorrect Answer
    C ₹15,000 Correct Answer Incorrect Answer
    D ₹50,000 Correct Answer Incorrect Answer

    Solution

    According to Section 2(19) of the Code on Social Security, 2020, EPF contributions are mandatory for employees earning wages up to ₹15,000 per month. Employers and employees both contribute a specified percentage of wages to the fund to ensure social security post-retirement.

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