EPF Wages is the amount calculated as the employer’s share of the Employee Provident Fund. E.g. if an employer makes an EPF contribution to the basic salary of an employee Rs. 15,000, the quantity of basic salary i.e. Rs. 15,000 are going to be considered as EPF wages.
However, as per the rules, your employer can only contribute a maximum of 8.33% of the amount of Rs. 15,000 towards your EPS.
Also, See: EPFO
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