Employee 12%
(Basic wages, dearness allowance, cash value of food concession and retaining allowances if any)
Employer 13.61%
Contribution:
3.67% = Provident Fund (A/c No.1)
8.33% = Pension Fund (A/c No.10)
0.5% = EDLIS -Employees Direct Linked Insurance Scheme (A/c No.21)
Administrative Charges:
1.10% of emoluments = Provident Fund (A/c No.2)
0.01% of emoluments = EDLIS (A/c No.22)
Total 25.61%
From India, Mumbai
2(Basic wages, dearness allowance, cash value of food concession and retaining allowances if any)
Employer 13.61%
Contribution:
3.67% = Provident Fund (A/c No.1)
8.33% = Pension Fund (A/c No.10)
0.5% = EDLIS -Employees Direct Linked Insurance Scheme (A/c No.21)
Administrative Charges:
1.10% of emoluments = Provident Fund (A/c No.2)
0.01% of emoluments = EDLIS (A/c No.22)
Total 25.61%
From India, Mumbai
sir what are the allowances are included for PF contribution or definition of wages for the PF dediction. ramesh
From India, Madras
From India, Madras
Please solve my problem
My basic salary Rs. 41000/
so What is the PF CONTRIBUTION of Employees & Employer
Employee 12%
=41000*12% =4920
Employer 12.00%
Contribution:
3.67% = Provident Fund (A/c No.1) ???
8.33% = Pension Fund (A/c No.10) ???
0.5% = EDLIS -Employees Direct Linked Insurance Scheme (A/c No.21) ???
Administrative Charges:
1.10% of emoluments = Provident Fund (A/c No.2) ???
0.01% of emoluments = EDLIS (A/c No.22) ???
Total 25.61%
From India, Pune
My basic salary Rs. 41000/
so What is the PF CONTRIBUTION of Employees & Employer
Employee 12%
=41000*12% =4920
Employer 12.00%
Contribution:
3.67% = Provident Fund (A/c No.1) ???
8.33% = Pension Fund (A/c No.10) ???
0.5% = EDLIS -Employees Direct Linked Insurance Scheme (A/c No.21) ???
Administrative Charges:
1.10% of emoluments = Provident Fund (A/c No.2) ???
0.01% of emoluments = EDLIS (A/c No.22) ???
Total 25.61%
From India, Pune
Re: PF CONTRIBUTION
Please solve my problem
My basic salary Rs. 41000/
so What is the PF CONTRIBUTION of Employees & Employer
Employee 12%
=41000*12% =4920
Employer 12.00%
Contribution:
Someone told me Can this is Right
3.67% = Provident Fund (A/c No.1) 4379/- ( 4920-541 = 4379)
8.33% = Pension Fund (A/c No.10) 541/- (on Rs.6500*8.33%/-)
From India, Pune
Please solve my problem
My basic salary Rs. 41000/
so What is the PF CONTRIBUTION of Employees & Employer
Employee 12%
=41000*12% =4920
Employer 12.00%
Contribution:
Someone told me Can this is Right
3.67% = Provident Fund (A/c No.1) 4379/- ( 4920-541 = 4379)
8.33% = Pension Fund (A/c No.10) 541/- (on Rs.6500*8.33%/-)
From India, Pune
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PF Contribution on Leave Encashment - Clarification by EPFO.pdf