evidence: In establishments employing upto 1000 employees, Government will pay both 12% employees’ contribution and 12% employers’ contribution i.e. 24% of wages towards EPF in respect of new employees for two years. In establishments employing more than 1000 employees, the Government will pay only employees’ share of EPF contribution i.e. 12% of wages in respect of new employees for two years. [...] Currently, the mandatory monthly contribution by the employee stands at 12 per cent of the monthly pay which includes monthly basic pay, dearness allowance and retaining allowance, if any.