Employee Provident Fund Scheme

 

Employee will be covered under the Employee’s PF and Miscellaneous Provisions Act 1952 and Employee’s Family Pension Scheme, 1971 and the rules framed there under.

 

Employee’s contribution i.e. 12% of the basic salary which will be deducted from employee’s salary as well as the employer’s contribution i.e.  12% of the basic salary shall be deposited in the individual’s P.F. account as per the above said Act.

 

All employees shall be covered under the act from the very first day of joining the Organisation.

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