Pf Amount Bifergation - Doc Download

Hi Team
I want to know the bifergation of 12% amount from PF.
Regards

Hi,
Pls find below the bifurcations. Also find attached a document on complete PF details.
Percentages are calculated on (Basic Salary + DA)
Employee contribution : (12 %)

Employer Contribution ( 12 % + 1.61 %)
A] 12 % Bifurcation
8.33 % pension fund
3.67 % Provident fund
..............................................
Total 12 %
..................................................
B] 1.61 % Bifurcation
Employees Deposit linked insurance :0.5%
EPF Administrative charges :1.1%
EDLIS Administrative charges : 0.01%
Regards/Shweta Nair

Thanks Shweta for brief description!
QUOTE=shwetanair.11;1171822]Hi,
Pls find below the bifurcations. Also find attached a document on complete PF details.
Percentages are calculated on (Basic Salary + DA)
Employee contribution : (12 %)
Employer Contribution ( 12 % + 1.61 %)
A] 12 % Bifurcation
8.33 % pension fund
3.67 % Provident fund
..............................................
Total 12 %
..................................................
B] 1.61 % Bifurcation
Employees Deposit linked insurance :0.5%
EPF Administrative charges :1.1%
EDLIS Administrative charges : 0.01%
Regards/Shweta Nair[/QUOTE]

According to the Provident Fund Act.
Out of the employers contribution of 12 %.
8.33 % goes to Pension fund
3.67 % goes to Provident Fund.
You can check the act and confirm.

Thanks Madam /Shweta Nair
I am heartly thankful to you to help not only one person but all Hr members . Sepecialy those who are under learning phase / for new person . i think you will provide such type of data in future also .
Madam i needed some ESI data also in same way
Best Regards
Naveen Kumar ( [Login to view])