Dear Anjana
Greetings for the day,
First of all you should know the 12% contribution is from employee side & 12% contribution is from employer side excluding admistrative charges, the bifurcation of 24 % is 12%+3.67%= 15.67% should be epf on which intrest of 8.75% is provided, and the rest 8.33% should be eps on which no intrest is provide but contribution of 1.16% was provided by epfo.
Thanks & Regards,
From,
sumit kumar saxena