QUERIES
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.

20th April 2011 From India, Delhi

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..
30th April 2011 From India, Delhi

Attached Files
File Type: zip PF CALCULATIONS.zip (13.7 KB, 1445 views)
Please login to participate in this discussion or start your own. Create Account



About Us - Advertise - Contact Us - RSS   On Google+  
Privacy Policy | Disclaimer | Terms Of Service
Facebook Page | Follow Us On Twitter | Linkedin Network

All rights reserved @ 2017 Cite.Community™