I do have a disagreement with Anil Arora. let me reproduce the area of disagreement here:
"Employers are required by the PF Act to match the statutory contribution to PF. i.e. 12% (10% in some industries) of basic (which includes DA) i.e. if you contribute 12000 per month on a salary of Rs 100000 per month then employer also contributes same amount. It is statutory requirement."
As per statute it is not mandatory that the employer's share should be equal to employees share. The employer, on the other hand, can restrict his share of contribution to rs 780, ie, 12% of Rs 6500. Therefore, if an employee's basic + DA is Rs 100000, and he is contributing Rs 12000, being 12%, the employer is not under a legal obligation to contribute the same Rs 12000 but can restrict it to 12% of Rs 6500.
Now, the PF contribution slip will not display the employer's contribution of 8.33% since it is separately accounted as Pension Fund. Therefore,your PF slip will show only Provident Fund contribution of 12% of employee's and 3.67% opf employer's shares.
Regards,
Madhu.T.K