Blog

As per Indian Provident Fund Law, both the employer and employee has to contribute their part (12% of salary) to Employee Provident Fund Organization (EPFO) as a social security contribution. Employer deducts the employee share from the salary of employee and it is the responsibility of employer to deposit the entire contribution with Government of India.As per Indian Provident Fund Law, both the employer and employee has to contribute their part (12% of salary) to Employee Provident Fund Organization (EPFO) as a social security contribution. Employer deducts the employee share from the salary of employee and it is the responsibility of employer to deposit the entire contribution with Government of India.taxmann.com Latest ArticlesRead More