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

Join The Discussion