Understanding PF Calculation: How Do Employee and Employer Contributions Work?

Guidance on PF Calculation

Please guide me about PF calculation. How should PF be calculated? There will be employee contribution and employer contribution.

Regards,

As per PF rules, ₹6,500 is called the ceiling amount. The employee contribution is 12%, and the employer contribution is also 12%. The employer contribution of 12% is divided into two parts: 8.33% goes to the Pension account, and 3.67% goes to the PF account. In total, 15.67% will go to the PF account, and 8.33% will go to the Pension account.

Regards,
Ashok.