If you are a salaried individual and contribute to EPF scheme, kindly take out your monthly pay-slip and check, you can understand that every month 12% of your “salary” is contributed towards EPF account. Your total monthly contribution (Employee’s share) is contributed to Employees’ Provident Fund.
Out of this 12% of your employer’s monthly contribution, 8.33% goes towards EPS (Employees Pension Scheme) and only 3.67% is invested in Employees’ Provident Fund.
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