1.What is the percentage break up of employers contribution under PF voluntary coverage like EPF ,EPS and Admin charges as per the new amendments in the act? As per my knowledge the contribution is 10% but what will be the break up or there is any changes as per the new amendments?
2. A fixed amount of Rs 1500(10% of Rs 15,000) will work in this scenario for every employee or it should be variable for each employee as per 10% of their basic salary?
2. A fixed amount of Rs 1500(10% of Rs 15,000) will work in this scenario for every employee or it should be variable for each employee as per 10% of their basic salary?