Confused About Salary Breakup and PF Deductions? Let's Figure It Out Together!

Uttrayan
I am working in a private limited company. My company recently registered with PF and ESI. However, our company's salary structure is not properly maintained, and the PF deduction of employee and employer contributions is also not structured.

Salary Breakup and PF Deduction

If an employee's gross salary is 4,200, what should be the breakup for them, and what should be the PF deduction?

Similarly, if an employee's salary is 14,000 gross, what should be the breakup for them, and what are the employee and employer PF contributions for them?

Thank you.
RKHR1962
Please understand that PF contribution is based on your basic salary. For instance, if your basic salary is Rs. 1000, your PF contribution per month would be Rs. 120. Hence, you can check your salary letter and calculate your PF accordingly.

Thanks,
RKHR1962
Uttrayan
Thank you for your advice. Moreover, I wanted to know about recent salary trends. For instance, if the gross salary is $14,000, what should be the breakdowns? What is the minimum and maximum percentage of the gross salary that should be calculated for the basic pay? Additionally, what kind of breakdown components would be appropriate for a Microfinance company, such as Basic, H.R.A, TA, and others?
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