Question

As per the EPFO rules, the contribution rate for both employee and the employer is limited to 12 percent.(in the case of more than 20 employees)

• A. True
• B. False

Answer 1

The correct option is A True

As per the EPFO rules, the contribution rate for both employee and the employer is limited to 12 percent.(in the case of more than 20 employees)- this is a true statement. The contribution of both the employees and employer is limited to 10% only.