Examveda

What will be the contribution of employer in the pension fund established under Employee's Provident Fund and Miscellaneous Provisions Act, 1952?

A. Eight and one-third percent of the basic wages, dearness allowance and retaining allowance

B. Nine and one-third percent of the basic wages, dearness allowance and retaining allowance

C. Ten and one-third percent of the basic wages, dearness allowance and retaining allowance

D. Eleven and one-third percent of the basic wages, dearness allowance and retaining allowance

Answer: Option A


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