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Question
As per the Employees Provident Funds and Miscellaneous Provisions Act, 1952 the employees contribute a total of ________ to the funds established under the schemes prescribed by the Central Government.
As per the Employees Provident Funds and Miscellaneous Provisions Act, 1952 the employees contribute a total of ________ to the funds established under the schemes prescribed by the Central Government.
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Solution
The correct option is D 12% of their basic salary plus dearness allowance
According to the employees provident funds and miscellaneous provisions act, 1952 the employees have to contribute a total of minimum twelve percent of their salary with dearness allowance to the funds established under the schemes prescribed by the central government.
According to the employees provident funds and miscellaneous provisions act, 1952 the employees have to contribute a total of minimum twelve percent of their salary with dearness allowance to the funds established under the schemes prescribed by the central government.
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