I have a query. Can a private company, as an employer, contribute 2% to PF and 10% to NPS (out of the 12% employer PF contribution as part of CTC)? Our company is presently covered under EPF regulations where 12% of the employee's share is deducted, and 12% of the employer's share is paid under EPF regulations.
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From India, Delhi
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From India, Delhi
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EPF - Pension contribution is zero WHY.jpg
EPF-Circular-da ted-23-May-2011 -Splitting-of-M inimum-Wages-fo r-the-Purpose-o f-PF-Contributi on-Not.pdf
Deviation in EPF Contribution.do c