Are you working in any concern? Any establishment, employing more than 20 employees, is covered under Employees Provident Fund Act. There is a monthly return that company has to sent to Provident fund office where company pays contribution on the Earn Wages of the Employees. All employees getting upto 6500 Rs as their basic salary are entitled to PF. However, employee has to pay @ 12% of its earn wages and the rates at which company pa contribution is detailed below:
Employee Provident Fund - 3.67 %
Employee Pension Fund - 8.33 %
Employee Linked Deposit Scheme - 0.50 %
Administrative Charges -1.10 %
Inspection Charges - 0.01 %