Provident fund contribution or EPF has two sides – the employer’s contribution and employee’s contribution.This is usually12 per centof the basic salary. However, this contribution is not paid out . It is directly deposited in Provident Fund(PF) account and paid to employee when he retires...
Difference Between Salary and Wages Difference Between Gross Profit and Gross Profit Margin Difference Between Gross Income and Net Income Difference Between Provident Fund and Pension Fund Difference Between Gross, Operating and Net Profit Difference Between Gratuity and Pension...