Dear Seniors,
We are going to contribute the PF on basic Rs. 19,800 not restricted to 15,000. Please let me know whether pension at 8.33% shall be contributed on the full basic 19,800 or on the ceiling limit of 15,000.
PF at 15.67% will be contributed on the basic salary, i.e., 19,800.
Thanks,
Priyanka Jaiswal
From India, Gurgaon
Acknowledge(0)
Amend(0)
1We are going to contribute the PF on basic Rs. 19,800 not restricted to 15,000. Please let me know whether pension at 8.33% shall be contributed on the full basic 19,800 or on the ceiling limit of 15,000.
PF at 15.67% will be contributed on the basic salary, i.e., 19,800.
Thanks,
Priyanka Jaiswal
From India, Gurgaon
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
SALARY SHEET CALCULATION.xls
Salary calculation.doc
EPF - Pension contribution is zero WHY.jpg