EPF & pension fund breakup of employer share - basic pay
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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.

shasi.k -  Member Since: Apr 2011
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..


Attached FilesProvided by community member shasi.k. Join us to learn and grow with your peers.
File Type: zip PF CALCULATIONS.zip (13.7 KB, 893 views)



 
 
 
 





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