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From India, Chandigarh
140From India, Chandigarh
hai to all users,
this is amar from hyderabad, please help me for this query regarding pf?
1) i am aware that the pf contri. of employer is 12% on basic + da , but if an employees basic + da exceeds 6500, what would be the contribution of pf from employer side?
2) i hear that in some software companies, some of the employees wont contribute for pf is it possible? and why is so?
3) if an employee contribution of work not more than 10 years, is he eligible to attain pf?
please give me an reply if any one knows.
From India, Hyderabad
this is amar from hyderabad, please help me for this query regarding pf?
1) i am aware that the pf contri. of employer is 12% on basic + da , but if an employees basic + da exceeds 6500, what would be the contribution of pf from employer side?
2) i hear that in some software companies, some of the employees wont contribute for pf is it possible? and why is so?
3) if an employee contribution of work not more than 10 years, is he eligible to attain pf?
please give me an reply if any one knows.
From India, Hyderabad
Dear Amar,
i would like to bring your kind attention that if an employee has basic + DA more than 6500 then pf contribution from employer side would be as on 6500.
And question from your side is that some software company not deducting pf from employee. here i wanna tell you when employee newly join any organisation and he is offered basic and da more than 6500 per month. Then legally he is not forceful to be deducted the pf amount.it is depend upon the employee consent when he has begining more than 6500 basic da per month.
if an employee contribution less than 10 years then he will get 12% employee share+interest+Company 3.67%+interest+company8.33%. but for this he has to resign from his duties.
After 10 years of service the company 8.33% of contribution will go in pension fund of employee.
From India, Chandigarh
i would like to bring your kind attention that if an employee has basic + DA more than 6500 then pf contribution from employer side would be as on 6500.
And question from your side is that some software company not deducting pf from employee. here i wanna tell you when employee newly join any organisation and he is offered basic and da more than 6500 per month. Then legally he is not forceful to be deducted the pf amount.it is depend upon the employee consent when he has begining more than 6500 basic da per month.
if an employee contribution less than 10 years then he will get 12% employee share+interest+Company 3.67%+interest+company8.33%. but for this he has to resign from his duties.
After 10 years of service the company 8.33% of contribution will go in pension fund of employee.
From India, Chandigarh
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From India, Bangalore
From India, Bangalore
The “Strategic HR Summit” will highlight the current challenges, opportunities, technologies, strategies & future trends for HR executives through visionary keynote presentations and panel discussions by most esteemed peers and thought leaders to enhance departmental efficiencies and drive corporate growth.
We have early bird offer for early entries...
this is third HR summit in (First time in)chennai.if you nominate peoples along with you it would be great.. .
Topics are:
Engaging Gen Y - Leadership and Organisation Culture,
Innovation in performance management,
Talent management in changing times,
How to maximize the potential of your workforce.
it is full day event..
for detail and to occupy seats mail to gowthamgokul at siliconindia dot com
Attribution: #ixzz21bzyq080
From India, Bangalore
We have early bird offer for early entries...
this is third HR summit in (First time in)chennai.if you nominate peoples along with you it would be great.. .
Topics are:
Engaging Gen Y - Leadership and Organisation Culture,
Innovation in performance management,
Talent management in changing times,
How to maximize the potential of your workforce.
it is full day event..
for detail and to occupy seats mail to gowthamgokul at siliconindia dot com
Attribution: #ixzz21bzyq080
From India, Bangalore
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