Hello,
I am Working in PVT. ltd company ..my company recently register with PF and ES I. and our Company salary structure not at all properly maintained and PF deduction of employee and employer contribution is also not structured.
If any one gross salary is 4200 then what should be the break up for him? and what should be the pf deduction?
and If any employee salary is 14000 gross then what should be the break up for him?and what is employee and employer pf contribution for him?
From India, Kolkata
2I am Working in PVT. ltd company ..my company recently register with PF and ES I. and our Company salary structure not at all properly maintained and PF deduction of employee and employer contribution is also not structured.
If any one gross salary is 4200 then what should be the break up for him? and what should be the pf deduction?
and If any employee salary is 14000 gross then what should be the break up for him?and what is employee and employer pf contribution for him?
From India, Kolkata
Hello,
Please do understand that PF contribution is based on your BASIC salary. For instance, your Basic salary is Rs.1000/- your PF contribution per month would be Rs.120/.
Hence, you can check your salary letter and calculate your PF accordingly.
Thanks
RKHR1962
From India, Bangalore
Please do understand that PF contribution is based on your BASIC salary. For instance, your Basic salary is Rs.1000/- your PF contribution per month would be Rs.120/.
Hence, you can check your salary letter and calculate your PF accordingly.
Thanks
RKHR1962
From India, Bangalore
Thank you for your advice, But more over i wanted to know about recent salary trends , like, if gross is 14000 then what should be the breakups and what is the minimum and maximum % of gross should calculate for basic, and what kind of breakup heads can be appropriate for a Micro finance co.?like Basic, H.R.A , TA and all..............
From India, Kolkata
From India, Kolkata
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