In this program, we will read the basic salary of an employee from the user and calculate the employee, employer, and pension contribution of provident fund.

Program/Source Code:

The source code to calculate employee and employer provident fund is given below. the given program is compiled and executed successfully.

// Java program to calculate the Employee 
// and Employer Provident Fund

import java.util.Scanner;

public class Main {
  public static void main(String[] args) {
    Scanner X = new Scanner(System.in);

    float basicPay = 0;
    float employeeFund = 0;

    float employerFund = 0;
    float PensionFund = 0;

    System.out.printf("Enter basic pay: ");
    basicPay = X.nextFloat();

    employeeFund = (basicPay / 100) * 12.0F;
    employerFund = (basicPay / 100) * 3.67F;
    PensionFund = (basicPay / 100) * 8.33F;

    System.out.printf("Basic Pay: %f\n", basicPay);
    System.out.printf("Employee contribution: %f\n", employeeFund);
    System.out.printf("Employer Contribution: %f\n", employerFund);
    System.out.printf("Pension Contribution: %f\n", PensionFund);
  }
}

Output:

Enter basic pay: 15430
Basic Pay: 15430.000000
Employee contribution: 1851.600098
Employer Contribution: 566.281006
Pension Contribution: 1285.318970

Explanation:

In the above program, we imported the "java.util.Scanner" package to read input from the user. Here, we created a public class Main. It contains a static method main().