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Which of the following statements are true false 1 Employees Provident...

This question belongs to Management Labour And Social Welfare
Labour and Social Welfare
?

Which of the following statements are true/false?
1. Employees Provident Fund Act, 1952 is applicable to every establishment in which twenty or more persons are employed.
2. Basic wages means all emoluments which are earned by an employee while on duty or on leave or on holidays with wages.
3. Basic wages include dearness and House Rent Allowance (HRA).
4. Employee shall pay 10% per of the basic wages, dearness allowance and retaining allowance (if any) to Employee Provident Fund Scheme.

Answer & Solution
Correct Answer: Option A
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