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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)

Administrative Charges:

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

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



Total 25.61%

neccotools -  Member Since: Jun 2009
sir what are the allowances are included for PF contribution or definition of wages for the PF dediction. ramesh

neccotools -  Member Since: Jun 2009
sir what are the allowances are included for PF contribution or definition of wages for the PF dediction. ramesh

rahul_only47 -  Member Since: Sep 2009
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%

rahul_only47 -  Member Since: Sep 2009
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%/-)

harvindermudgal -  Member Since: May 2009
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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