Question
Under the Code on Social Security, 2020, the Employee
Provident Fund (EPF) contributions are applicable to employees drawing a monthly wage up to:Solution
According to Section 2(19) of the Code on Social Security, 2020, EPF contributions are mandatory for employees earning wages up to ā¹15,000 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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