Can anybody guide me how the calculation be done those who are registered under the Pradhan Mantri Rozgar Protsahan Yogna on the 3rd Party Payroll? Do the principal Employee need to contribute 3.67% of the employee share and the rest will be contributed by the PM fund if anybody having the calculation kindly share
From India, New Delhi
2From India, New Delhi
PROFESSIONALS AND BUSINESSES PARTICIPATING IN DISCUSSION
+1 Other
1) 8.67 % in every industry as well as 12% of employer share in value added industry marked in attachment.
2) Applicable on new joiner who was not earlier member of PF .
3) salary/ wages Process before 10th of every month.
4) Base year remarks in scheme omitted currently.
From India, undefined
2) Applicable on new joiner who was not earlier member of PF .
3) salary/ wages Process before 10th of every month.
4) Base year remarks in scheme omitted currently.
From India, undefined
Salary Sheet & PF PT Calculation & Challan Nov 2010.xls