The Employees and Employers contribution to Provident Fund are at 12% except in some special cases as outlined here.
- 12 % of Basic Salary,DA & Food concession
- Directly credited to the EPF Account
- 12% of the Basic Salary,DA & Food concession of the Employee’s Salary
- Out of that, 8.33% is contributed towards EPS (Employees Pension Scheme)
- 0.5% is contributed towards EDLI
- 3.17 % is contribution towards EPF Account