Hi Can any one emplain in detail about the PF and and who is eligible for PF deduction. And from what salary range is this PF deducted. Naveen
From India, Hyderabad
From India, Hyderabad
dear Naveen,
pls go through this website:www.epfindia.com u will have faire enough idea about PF.
Regards
Rangaraj
From Canada, Toronto
1pls go through this website:www.epfindia.com u will have faire enough idea about PF.
Regards
Rangaraj
From Canada, Toronto
Hi Naveen, Pls find attached the Excel which I have picked up from Cite hr itself. Pasting it once again for your reference. Regards, Pooja
From India, Pune
From India, Pune
Hi,
PF is deducted on basic salary of upto Rs. 6500. Contribution 12% each from Employees & Employers end. Employers contribution divided in 2 parts, 8.33% contribution to Pension Scheme & 3.67% to PF.
There are various other charges which the employer has to contribute like:
There are other contribution also made from the employer's side, they are as under:
.5% of pension salary - towards - A/c No. 21
1.1% of the Basic Salary - towards - A/C No. 2
.01% of pension salary - towards - A/C No. 22
Regards,
Pooja
From India, Pune
PF is deducted on basic salary of upto Rs. 6500. Contribution 12% each from Employees & Employers end. Employers contribution divided in 2 parts, 8.33% contribution to Pension Scheme & 3.67% to PF.
There are various other charges which the employer has to contribute like:
There are other contribution also made from the employer's side, they are as under:
.5% of pension salary - towards - A/c No. 21
1.1% of the Basic Salary - towards - A/C No. 2
.01% of pension salary - towards - A/C No. 22
Regards,
Pooja
From India, Pune
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HC All - Trainees not covered for PF -2010.pdf
PF Ledger.xls