Salary structure for a salary of 10000/ month: basic: 6500 hra: 3500 what will the PF amount be?
From India, Mumbai
Acknowledge(0)
Amend(0)
From India, Mumbai
Acknowledge(0)Amend(0)
PF Calculation on Basic Salary
PF is calculated on the basic salary at 12%; however, the basic salary cannot be less than the minimum wages for the state and category (Unskilled/Semi-Skilled/Skilled and High Skilled). Correct the basic salary first and then calculate 12% of the basic.
From India, Machhagan
Acknowledge(0)Amend(0)
1PF is calculated on the basic salary at 12%; however, the basic salary cannot be less than the minimum wages for the state and category (Unskilled/Semi-Skilled/Skilled and High Skilled). Correct the basic salary first and then calculate 12% of the basic.
From India, Machhagan
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
PF Contribution on not less than Minimum Wage.pdf
Salary Sheet & PF PT Calculation & Challan.xls