Dear sir or mam,
if a person having basic salary 8000 and da 2000 hra 2000 working days 20 in the month of september than gross salary would be 9333 than what would be the pf amount and on which it would calculate pls slove this and show the example by solving this.
21st October 2016 From India, Panipat

Hr Consultant
Labour Consultant
+1 Other

Glidor 311
10000*80/100 = 8000 basic 12 % 960 9333*80/100 = 7466 basic 12% 896
21st October 2016
Dear SK 4882937,
PF is deductible on earned Basic & DA. If an employee is drawing Basic Rs.8,000 and DA Rs.2,000 per month then 20 days salary for September would be 8000+2000=10000*20/30=6,667 (Earned Basic & DA).
Thus the PF contribution will be on Rs.6667*12/100=Rs.800.
25th October 2016 From India, Thane
Share what you know with your industry peers. Discuss problems, ideas, solutions openly without getting into company or personal specifics. Create Account

Disclaimer: This network and the advice provided in good faith by our members only facilitates as a direction. The advice should be validated by proper consultation with a certified professional. The network or the members providing advice cannot be held liable for any consequences, under any circumstances.

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