Hi friends,
I have one query. Let's say the basic salary is 14500. The PF employee contribution is calculated as 14500 * 12 / 100 = 1740, and the PF employer contribution is calculated as 14500 * 13.61 / 100 = 1973.45.
Friends, please reply whether this calculation is correct or wrong.
From India, Chennai
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I have one query. Let's say the basic salary is 14500. The PF employee contribution is calculated as 14500 * 12 / 100 = 1740, and the PF employer contribution is calculated as 14500 * 13.61 / 100 = 1973.45.
Friends, please reply whether this calculation is correct or wrong.
From India, Chennai
Acknowledge(0)Amend(0)
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PF Calculation Sheet To The Subscribers At the Time Of Provident Fund Withdrawal.pdf
Salary Sheet & PF PT Calculation & Challan.xls