Hi All, My CTC components are BAsic +HRA+Conveyance+education allowance+personal allowance+performance incentive(Fixed not variable)+travelling allowance+mobile expenses=Gross Salary
Bonus =12 month Basic *8.33%
PF=Basic*12%(Employee as well as employer)
I have some confusion regarding new rule of pf.my confusions are as below
1. If basic is 15000 & above what would be pf deduction for both employee & employer?
2.If Basic is less that 15000 & Gross salary above 15000 what would be pf deduction for both employee & employer?
3.IF basic & gross salary is less than 15000 what would be pf deduction for both employee & employer?
pls help there is too much confusion.
From India, Ahmedabad
Bonus =12 month Basic *8.33%
PF=Basic*12%(Employee as well as employer)
I have some confusion regarding new rule of pf.my confusions are as below
1. If basic is 15000 & above what would be pf deduction for both employee & employer?
2.If Basic is less that 15000 & Gross salary above 15000 what would be pf deduction for both employee & employer?
3.IF basic & gross salary is less than 15000 what would be pf deduction for both employee & employer?
pls help there is too much confusion.
From India, Ahmedabad
4Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Basic 4 pf.pdf
PF Advance rule.doc