Termination

Dear Ld Friend,

                    Refer Section 6 of the employee provodent fund act. As per the sec 6 of the act, 12% has to be  deducted from the salary( basic+D.A +other allowance) and the same amount has to be paid by the employer as his share ie, 12% by the employer too. Out of the 12% to be payable from the employers contribution 8.33% has to be paid under the head of Pension scheme and 1% to the insurancer scheme.