Economics · Labour Laws
As per Section 6 of the Employees' Provident Funds and Miscellaneous Provisions Act, 1952, the standard contribution rate to the Provident Fund by both the employer and the employee is:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 18.33% of gross salary
- 215% of basic wages only
- 310% of basic wages, dearness allowance, and retaining allowance
- 412% of basic wages, dearness allowance, and retaining allowance✓
Correct answer
12% of basic wages, dearness allowance, and retaining allowance
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