PF CONTRIBUTION - Provident Fund Employee 12 Basic | CiteHR
Ajesh.Kumar Started The Discussion:
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)

1.10% of emoluments = Provident Fund (A/c No.2)

0.01% of emoluments = EDLIS (A/c No.22)

Total 25.61%
sir what are the allowances are included for PF contribution or definition of wages for the PF dediction. ramesh
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) ???

1.10% of emoluments = Provident Fund (A/c No.2) ???

0.01% of emoluments = EDLIS (A/c No.22) ???

Total 25.61%
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%/-)
Baisc is 41000/-

then pf ded from salary is 4920 (12%)

employer share is 541 goes to fpf 8.33%

balance 4920-541= 4379 in your account no 1

so total amount in your pf accoun is 9299 and fpf amount is 541 simple

for further 9818785678

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