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3346 Views
5 Replies
Calculation of EPS
Type: HR, Report if not a HR topic
Posted 04-11-2009Reply
How can we calculate EPS...
What is the deduction %
What exactly EPS Means?
EPS is employees pension scheme. The EPS should not be deducted from employees salary as Employer has to contribute towards the employees pension scheme. The total contribution by employer is 12% out of which 8.33% of contribution goes to Employees pension scheme.
For detailed information, please refer Employees Provident Fund Act, 1952
Regards,
Ravi
For detailed information, please refer Employees Provident Fund Act, 1952
Regards,
Ravi