Please guide me about PF calculation How PF should calculate there will employee contribution and employer contribution
From India, Aurangabad
From India, Aurangabad
Dear Sir,
As per PF rules 6,500 this is called as a ceiling amount, and the employee contribution 12% and employer contribution 12 % and the employer contribution 12% will divided by two as Pension and PF pension 8.33% and PF 3.67% totally 15.67% will goes to PF account and 8.33% will goes to Pension account.
Regards,
Ashok.
From India, Coimbatore
3As per PF rules 6,500 this is called as a ceiling amount, and the employee contribution 12% and employer contribution 12 % and the employer contribution 12% will divided by two as Pension and PF pension 8.33% and PF 3.67% totally 15.67% will goes to PF account and 8.33% will goes to Pension account.
Regards,
Ashok.
From India, Coimbatore
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HC All - Trainees not covered for PF -2010.pdf
PF Ledger.xls