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vijish-tk
How is PF employer contribution calculated?
From India, Coimbatore
vmlakshminarayanan
941

Hi,

Employees contribute 12 percent of their basic pay plus DA to the EPF. Employer's EPF contribution is equal to 12% of basic pay plus DA. The employer's contribution of 12 percent is split into two parts: 8.33 percent goes to the employee pension plan (EPS) and 3.67 percent goes to the Provident Fund. Pension contribution ceiling limit is Rs.1250/-.

From India, Madras
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