PF CONTRIBUTION - Provident Fund
CiteLegal
 
HOME RISE NEW ABOUT LOGIN
Home > Human Resource Section > Labor & Employee Relations

PF CONTRIBUTION - Provident Fund

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

Found This Useful? +Vote Up This Page Via Google.  

Why Vote? User validation is extremely important for good content to prosper.
Disclaimer: This network and the advice provided in good faith by our members only facilitates as a direction towards the actions necessary. The advice should be validated by proper consultation with a certified professional. The network or the members providing advice cannot be held liable for any consequences, under any circumstances.






Explore Topical Knowledge Areas

Interesting Relevant Discussions


DISCUSSSION STATISTICS


3
LIKES

8072
VIEWS

5
REPLIES

PLEASE KEEP YOUR CONDUCT PROFESSIONAL AND POLITE


3M Users, 100K+ Documents & 450K+ Discussions

Share »

Community Support & Professional Insights. Login or Register.
Email/Username     Password  

About Us - Advertise - Contact Us - RSS   On Google+  
All trademarks and copyrights held by respective owners. Member comments are owned by the poster.
Privacy Policy | Disclaimer | Terms Of Service
Facebook Page | Follow Us On Twitter | Linkedin Network