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In employer contribution of 12%, 8.33% transfer to EPS (Employee Pension Scheme) and 3.67% transfer to EPF (Employee Provident Fund). Over and above, employer has to bear 0.50% as administrative charges on EPF and 0.50% as EDLI (employer’s Deposit linked Insurance) Charges. So employer has to bear total 13% of basic wage as discussed above.
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Official Prime Day 2024 dates will be July 16 and 17, with plenty of lead-up deals and wind-down sales, making the typically two-day event stretch even longer. Be warned; Amazon will not be the ...
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