New EPF scheme: A total of ₹2,350 to be credited to Provident Fund
New Delhi: With the implementation of the new EPF scheme, 12% of the statutory wage limit will go into the PF, while 8.33% from the employer's contribution will be directed to the Pension Fund.
A worker’s contribution of 12% on ₹15,000, which amounts to ₹1,800, will reach the PF account. From the ₹1,800 that the employer is required to pay, if ₹1,250 goes into........
