HI,
BIFURGATION OF EMPLOYER & EMPLOYEE CONTRIBUTION UNDER PF ACT.
ACC /NO PARTICULARS EMPLOYER'S CONT EMPLOYEE'S CONT TOTAL
1 PF 3.67 % 12 % 15.67%
10 EPS 8.33 % - 8.33%
02 ADM CHARGES 1.10 % - 1.10%
21 EDLI 0.50 % - 0.50%
22 ADM CHA ON EDLI 0.01 % - 0.01%
======= ======= ========
TOTAL RS 13.61 % 12 % 25.61%
======= ======== ========
THANKS,
Maku
From India, Vadodara
4BIFURGATION OF EMPLOYER & EMPLOYEE CONTRIBUTION UNDER PF ACT.
ACC /NO PARTICULARS EMPLOYER'S CONT EMPLOYEE'S CONT TOTAL
1 PF 3.67 % 12 % 15.67%
10 EPS 8.33 % - 8.33%
02 ADM CHARGES 1.10 % - 1.10%
21 EDLI 0.50 % - 0.50%
22 ADM CHA ON EDLI 0.01 % - 0.01%
======= ======= ========
TOTAL RS 13.61 % 12 % 25.61%
======= ======== ========
THANKS,
Maku
From India, Vadodara
Dear all, if the Basic + DA of the Employee is more than 20 000/- then is it the abligation of the employer to make the same payment as employee is contributing that is 12%
From India, Bangalore
From India, Bangalore
Hi
Can anybody gimme clarity on the PF contribution by the employer. Is it so that both the Employer and the employee's contribution recovered from the Basic salary. If so, that would drastically bring down the Take home salary of the employee. Can someone please explain this. Looking forward to the information.
Thank You
Vinutha
From India, Hyderabad
Can anybody gimme clarity on the PF contribution by the employer. Is it so that both the Employer and the employee's contribution recovered from the Basic salary. If so, that would drastically bring down the Take home salary of the employee. Can someone please explain this. Looking forward to the information.
Thank You
Vinutha
From India, Hyderabad
Hi, Just wanted to know,does all organization contribute towards Pension fund? I mean when there is deducted for 12%,does it include 8.33% of pension fund too or its just pf?? Regards, Nimisha
From India, New Delhi
From India, New Delhi
Hi Folks, How can i transfer my old PF Pension Fund to new employer PF Account? Regards, Shrinivas
From India, Bangalore
From India, Bangalore
Hi Dears All, Sapose my diduction is 12% from basic Salary it’s Rs-601 This case how many Rs- paying the Employer to my PF A/C.
From India, Pune
From India, Pune
Dear Kiranbhogade,
Your contribution is Rs. 601, which is 12% of the salry.
Hence your salary may be Rs. 5010.
8.33% of salary, i.e. Rs. 417 will go to EPS/Pension Fund
and balance Rs. 184 (601-417) will go to PF account as employer's contribution.
Abbas.P.S, ITI Ltd, PALAKKAD.
From India, Bangalore
Your contribution is Rs. 601, which is 12% of the salry.
Hence your salary may be Rs. 5010.
8.33% of salary, i.e. Rs. 417 will go to EPS/Pension Fund
and balance Rs. 184 (601-417) will go to PF account as employer's contribution.
Abbas.P.S, ITI Ltd, PALAKKAD.
From India, Bangalore
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Employer-PF-res trict to wages of Rs 6500.pdf