What are payroll taxes in India?

The employer and employee are obligated to contribute the Employees Provident Fund (EPF), which is a mandatory savings scheme towards retirement benefits and pension. Employees contribute 12% of their salary to this fund, while employers contribute 3.67%. Employers contribute an additional 9.94% to other social insurances, equaling a total employer contribution of 13.61% of the employee’s base salary. This percentage is based on basic pay and does not include the allowances. This does not need to be negotiated with the candidate and is included in the estimated social security costs provided by GP.