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Dear Premselvi, Employee PF = 12% of basic Employer PF = 12% of basic Employer Contribution Calculation Employer Contribution = 3.67% of basic Employer Pension = 8.33% of basic
From India, Chennai
From India, Chennai
Dear Premselvi, Contribution of employee is 12% and where as for employer it is 13.15% as per latest amendment in the EPFO act. For your reference attaching herewith amendment notification from EPFO.
Hi Manoj Kamble, Employer contribution towards employee is 12%. the rest 1.15% is administrative charges. Hope I am clear.
From India, Madras
From India, Madras
Dear Vashi, Employer contributes @ 0.50% on EDLI Wages as EDLI Contribution.Further Employer pays @0.65% on EPF Wages as Admin Charges.
From India, New Delhi
From India, New Delhi
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PF Contribution on Leave Encashment - Clarification by EPFO.pdf