ritu raj gupta
hi, i want know all Detail about PF & ESIC Thanks..
From India, Gurgaon
siddharthmcm
49

Hi Please find attached PDF file, which will help you. siddharth
From India, Surat
Attached Files (Download Requires Membership)
File Type: pdf Simplified Labour Laws.pdf (253.5 KB, 1279 views)

venkat.sarma72
Simplified Labor laws is EXCELLENT, EXCELLENT, EXCELLENT. I am preparing for an interview, this is useful to me as any thing.
Looking forward to received many such useful information
Best Wishes,
Venkat

From India, New Delhi
vibha1982
Provident Fund :

Note :PF always calculated on BASIC + DA
Total PF contribution : 25.61%
Employers Contribution :12% (3.67% PF +8.33%Pension) +1.61%Administrative charges (1.10% Adm charges +.50 % EDLIF Charges) =13.61%
Note: Pension value 8.33% is always constant whther PF value can be variable depending on the Basic & DA

Pls study following cases:

Case :1if Basic + Da = 6500 then then contri wil be like ths Pension 8.33% ( 541) and PF value wil be (239)
Case II1 if Basic + Da > 6500 then then contri wil be like ths Pension 8.33 %( constant value 541) and PF will be : exess amount - 541 as exp IF Basic + DA is 12000/- then it wil be like ths Pension will be 541/- and PF will be 899/-
( cal.: 12000*12% -541 = 899/-)

Case III :if Basic + Da < 6500 then then contri wil be like ths Pension 8.33% and PF 3.67% of basic +DA
Exp : if basic is 5500/- then Pension wil be 5500*8.33% =458 and PF will be 5500*3.67% = 202/-

Employess Contribution:12% goes to PF amount only.

Best Regards,

Vibha

From India, Delhi
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