Section 6 of EPFMA : Section 6: Contributions And Matters Which May Be Provided For In Schemes
EPFMA
JavaScript did not load properly
Some content might be missing or broken. Please try disabling content blockers or use a different browser like Chrome, Safari or Firefox.
Explanation using Example
Imagine a company, XYZ Tech, which employs software engineers. The company is required to contribute to the Employees' Provident Fund (EPF) for each of its employees. As per Section 6 of The Employees Provident Funds and Miscellaneous Provisions Act, 1952, XYZ Tech must pay a contribution to the EPF that is 10% of the basic wages, dearness allowance, and retaining allowance (if any) payable to each employee.
For example, if an employee, John, has a basic wage of ₹30,000 per month, and a dearness allowance of ₹5,000 per month, the total con...
Login to access all pages and read more content.
To disable ads and read rest of the premium content, subscribe to KanoonGPT Pro.
KanoonGPT is now faster and smarter, powered by upgraded servers.
Subscribe today and unlock all new features!