Question

The rate of contribution to the Employees’ Provident Fund is what percentage of wages by the employee and by the employer each?

1.
8%
2.
15%
3.
12%
4.
10%
Answer (Detailed Solution Below)

Option 3 : 12%

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Detailed Solution

सही उत्तर 12% है।

Key Points

Both the employee and the employer contribute 12% of wages to the provident fund, except in certain notified establishments where the rate is 10%.

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More Domain-Specific Questions

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Question:

The rate of contribution to the Employees’ Provident Fund is what percentage of wages by the employee and by the employer each?

1.
8%
2.
15%
3.
12%
4.
10%

Correct Answer: 12%

Both the employee and the employer contribute 12% of wages to the provident fund, except in certain notified establishments where the rate is 10%.

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