EPf Related - Pf Contributions - CiteHR
+1 Other

Cite.Co is a repository of information created by your industry peers and experienced seniors sharing their experience and insights.
Join Us and help by adding your inputs. Contributions From Other Members Follow Below...
dear sir /madam
my questions is related to pf contributions if employees basic pay is

Basic pay - 34000
thana pf cotributios to the employee side is 12% = 4080
and employer contr is divided into two parts EPF 8.33%
And pf = 3.67%
total employer side contr = 12% thes two part of employer side contributions i can not understand pls told to me in detail employer contributions money where is deducted .

1.PF contribution made by employees
12% of basic,the entire amount goes to employees Pf ACCOUNT.
2. PF contribution made by employer
12% i.e 8.33% goes to Employee pension fund and renaming 3.67% goes to PF account.
so employee and employer contribute 12 % each..
hope you understand..

be noted that 8.3% towards EPS is subject to the ceiling of only Rs.540/-. For the employees whose basic+DA is more than 6500, the contribution made by the Employer directly goes to the employees PF account other than the mandatory Rs.540/- to EPS
Dear Anjna,
ESI is contribution is made for the employee sickness,accident, maternity etc.
Employer contribution =4.75% of Gross Salary
Employee contribution =1.75% of Gross Salary.
And the company/organization to be eligible for ESI,the strength of employees must be at least 20.
The ceiling is 15000/-,it means ,if any employee is drawing more than 15k then it is not mandatory for that particular employee to be part of ESI.
Hope you understood!!!!

Hi Recenly I have submitted Form 19 and Form 10 for withdrawl for PF a/c.
I received an amount of Rs. 3.8 lakh towards Form 10
How much would be the remaining amount that I would receive towards Form 19
Thanks and Regards,

This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2020 Cite.Co™