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For Ee and Er both PF contribution is 12%. From employer side, When do we need to apply EPS (8.33%) and EPF (3.67%)? Is there a basic salary limit for it?
From India, Bengaluru


On the earned Basic Employer need to contribute 8.33% to Pension contribution (maximum limit Rs.1250/-) and 3.67% goes to PF contribution. If the Pension contribution amount exceeds Rs.1250/- the balance amount to be moved to PF contribution.

PF can be contributed on minimum basic of Rs.15000/- or actual basic over and above Rs.15000/- based on mutual consent of Employer and Employee.

From India, Madras
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