EPF - Under the Employees’ Provident Funds and Miscellaneous Provision Act, 1952 employees have to contribute 12% of their salary towards their EPF account. The employer must contribute the same amount to the employee’s EPF account. Employees can claim a deduction on their contribution up to a maximum of Rs 1.5 lakhs per annum. Employer’s contribution of up to 12% of salary to EPF is not taxable in the hands of the employee.\r\rAny contribution by your employer beyond 12% of your basic + dearness allowance is taxable in your hand.\r\rNPS – Employer’s contribution to NPS-Tier I can be claimed as a tax deduction under section 80CCD (2). The limit is set at 10% of salary, which is 14% in the case of central government employees.\r\rApart from these individual limitations, a slab has been defined to identify the taxable contributions of an employer towards EPF, NPS and superannuation funds