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Employer Provident Fund (EPF)
How is this calculated?
Your Employer also matches your PF contribution, which is usually 12% of your Basic Salary + DA. This amount is often included as a hidden component inside your total Cost to Company (CTC) figure. It does not hit your bank account, but goes straight to your EPF balance.
Your Employer also matches your PF contribution, which is usually 12% of your Basic Salary + DA. This amount is often included as a hidden component inside your total Cost to Company (CTC) figure. It does not hit your bank account, but goes straight to your EPF balance.