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Epf contribution

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(Querist)
28 January 2014 What is the contribution of employer and employee for EPF if the employee basic pay is 16000.

Is it 12% of it or 12% on 6500/-
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@VaibhavJ

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@VaibhavJ (Expert)
28 January 2014 Hi

It is 12% on 16K, however employer may restrict it to Rs.6.5K too

Thx

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