Dear Sir
let me suggest on below example of calculation
Basic is 10000/-
EXP: 1)
A) EMPLOYEE = 12% = 1200/-
B) EMPLYOER = 8.33% TOWARD PENSION ON 6500/- BASIC = 541/-
AND TOWARDS PF = (1200-541) = 659 /-
THUS TOTAL OF EMPLYOER = 541+659 = 1200/-
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EXP: 2)
A) EMPLOYEE = 12% = 1200/-
B) EMPLYOER = 8.33% TOWARD PENSION ON 6500/- BASIC = 541/-
AND TOWARDS PF 3.67% ON 6500 = 239 /-
THUS TOTAL OF EMPLYOER = 541+239 = 780/-
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whICH eXAMPLE iS cORRECT ?
fROM
RAJU SHRINAME
let me suggest on below example of calculation
Basic is 10000/-
EXP: 1)
A) EMPLOYEE = 12% = 1200/-
B) EMPLYOER = 8.33% TOWARD PENSION ON 6500/- BASIC = 541/-
AND TOWARDS PF = (1200-541) = 659 /-
THUS TOTAL OF EMPLYOER = 541+659 = 1200/-
------------------------------------------------------------------
EXP: 2)
A) EMPLOYEE = 12% = 1200/-
B) EMPLYOER = 8.33% TOWARD PENSION ON 6500/- BASIC = 541/-
AND TOWARDS PF 3.67% ON 6500 = 239 /-
THUS TOTAL OF EMPLYOER = 541+239 = 780/-
-------------------------------------------------------
whICH eXAMPLE iS cORRECT ?
fROM
RAJU SHRINAME