Employee should contribute at least 12% of Basic + DA towards PF. However, he has complete liberty to contribute at a higher rate but not more than 50% of his gross salary
Employer should contribute at least 12% of Basic + DA towards PF. However, when the employee contributes at a higher rate than Employer is not under any obligation to contribute at the higher rate.
If the establishment has less than 20 employees or if the establishment has at the end of any financial year, accumulated losses equal to or exceeding its entire net worth this minimum contribution is brought down to 10% of Basic + DA