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I want to know that how much pf contribution of employer other than 24% total. And one more question how\'s the maximum limit of bonus paid by the any company. If a employee got basic Rs.10000 or more he/she will be entitled to deducted pf. Its compulsory to deduct pf more than 6500 basic. Please specify.
thanks & regards,
Naresh Sharma

Dear Mr. Naresh,
* Above 6500 Basic is not compulsory to deduct the PF amount, for that xyz emplyee has to fill the form number 11 for exemption
* an employee can deduct his pf amounts on basic what ever the figure but government will give the interest on 6500Rs only so above all amount its not worth
based on CTC
* pf contribution from employer side is
12% for employee share
12% for employer share
1.1% administrative charges for pf ( EMPLOYER )
0.5% edli charges ( EMPLOYER )
0.01% EDLI admin charges ( EMPLOYER )
Total 13.61% from employer side
Regards
Ashish

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