EPF contribution rules are the rules related to EPF contributions by employees and employers. Here are some key points to consider:
Minimum Percentage: The minimum EPF contribution by employees and employers is 12% of the basic salary and dearness allowance.
Maximum Limit: The maximum EPF contribution by employees and employers is subject to a monthly salary limit of Rs. 15,000.
Frequency: The EPF contributions are made monthly and are credited to the employee's EPF account.
It is important for employees to understand the EPF contribution rules to plan their finances effectively.
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