Talent Acquisition / Consultant - Catalis
Payrolling, Hr & Establishment

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Respected Seniors, If any employee has worked 20 days out of 26 days then what should be his PF contribution if his basic+da is Rs.7000/-. Please guide me. Santosh Singh Cell# 9935448880
From India, Lucknow
If you are contributing 12% on actual basic + DA,
Actual Basic + DA for month = 7000
Payable Basic + DA for working days = 20/26 * 7000 = 5385 (rounded off to nearest decimal)
PF is on pro-rata basis and so 12% of payable Basic + DA - 12% of 5385 = 646.2 rounded off to 646
If you are contributing to the max limit of 6500 pm as prescribed by act,
Monthly limit of basic + da = 6500
hence for 20 days it is = 20/26 * 6500 = 5000
thus pf for said period = 12% of 5000 = 600
Hope this helped.

From India, Mumbai
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