Hi ankit, what confusion u have regarding pf?
Any employee with salary less than 6500 is compulsarily admitted to pf scheme, and employee with salary more than 6500, can also join pf scheme (but not compulsary)
rate of contribution for employer: 12% of basic +DA
rate of contribution employee: 12% ( he can contribute more if he wish max 85%)
Employer's Contribution DETAILS:
- Pension Fund : 8.33%
- Provident Fund : 3.67%
- Employee Deposit Linked Insurance : 0.5%
- Administrative Charges for PF Scheme: 1.10%
- Administrative Charges for EDLI Scheme: 0.01%
For further details, u can browse previous post, u will get ample of material.