Possible PF Contributions for Employer and Employee
What will be the possible PF employer and PF employee contributions when my monthly gross is 50,000 with the distribution as follows (when 1.16% of additional is allowed and not allowed under EPS schemes)?
Say, Monthly CTC: 50,000 /-
Basic: 20,000
HRA: 10,000
Medical: 1,250
LTA: 1,600
Conveyance: 3,000
Food Coupons: 3,000
Special: 11,150
Total: 50,000
PF - Employee: 2,400
PF - Employer: 2,400
Can someone help me in projecting the values for PF employer (EPF, EPS, EDLI admin charges when 1.16% of additional is allowed to the pension scheme and not allowed to pension scheme cases)?
What will be the possible PF employer and PF employee contributions when my monthly gross is 50,000 with the distribution as follows (when 1.16% of additional is allowed and not allowed under EPS schemes)?
Say, Monthly CTC: 50,000 /-
Basic: 20,000
HRA: 10,000
Medical: 1,250
LTA: 1,600
Conveyance: 3,000
Food Coupons: 3,000
Special: 11,150
Total: 50,000
PF - Employee: 2,400
PF - Employer: 2,400
Can someone help me in projecting the values for PF employer (EPF, EPS, EDLI admin charges when 1.16% of additional is allowed to the pension scheme and not allowed to pension scheme cases)?