what is employer share in pf

Employer share in PF refers to the contribution made by the employer towards the Employees Provident Fund (EPF) scheme. As per the norms, both the employee and the employer need to transfer 10% or 12% of the employees basic salary to contribute towards EPF. The employers contribution towards the EPF is equal to 10% or 12% of the employees basic salary. Out of this, 3.67% goes to the Employees Provident Fund (EPF) and 8.33% goes to the Employees Pension Scheme (EPS) . However, the employer can only contribute a maximum of 8.33% of the threshold amount of Rs. 15,000 towards the EPS.