santoshm_hr
6

Dear Nilesh,
Thanks for your valuable information, actually by mistake I have stated about "pension" instead of Employer's PF contribution.
I am aware that the percentage of pension is fixed as 8.33%, more than that the amount i.e. Rs.541/- gets added in the employer's PF contribution.
For e.g.Basic is 8000/- Employee's PF contribution will be 960/- and employer's PF 419+pension 541/- (419+541=960).
I hope this information is fine and there should be no confusion.
Regards,
Santosh M.

From India, Mumbai
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.






Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.