roy_5887 Started The Discussion:
I want to know, if the basic pay of an employee is Rs.7500/- In this case 12% employer share is Rs.900/- and the break up should be Rs.541/- under Pension fund(6500 x 8.33%) & balance Rs.359/- under provident fund(900-541) or the percentage formula 8.33% & 3.67% of Rs.7500/- should apply. Which one is the correct way.
20th April 2011 From India, Delhi

Yes.. Your first is correct. Dear All, we attach the pf contributions (employees + employers) & contribution sheet... please see the attachment and any mistakes plz suggest to me..
30th April 2011 From India, Delhi
Attached Files
File Type: zip PF CALCULATIONS.zip (13.7 KB, 1393 views)
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