Hi Suraj,
Actually i have studied this so trying to help u just see whether u wanted to know this only or somethi else?
Actually from ue CTC 12% u contribute to ur PF and 12% ur company contributes then from that 12% - 8.33% goes to the Pension scheme while the remaining 3.25% or soethi goes to the Insurance linked deposit scheme.
Hope u got it
From India
Actually i have studied this so trying to help u just see whether u wanted to know this only or somethi else?
Actually from ue CTC 12% u contribute to ur PF and 12% ur company contributes then from that 12% - 8.33% goes to the Pension scheme while the remaining 3.25% or soethi goes to the Insurance linked deposit scheme.
Hope u got it
From India
Dear Suraj
PF CONTRIBUTION
Employee 12%
(Basic wages, dearness allowance, cash value of food concession and retaining allowances if any)
Employer 13.61%Contribution:
3.67% = Provident Fund (A/c No.1)
8.33% = Pension Fund (A/c No.10)
0.5% = EDLIS -Employees Direct Linked Insurance Scheme (A/c No.21)
Administrative Charges:
1.10% of emoluments = Provident Fund (A/c No.2)
0.01% of emoluments = EDLIS (A/c No.22)
Total 25.61%
From India, Mumbai
2PF CONTRIBUTION
Employee 12%
(Basic wages, dearness allowance, cash value of food concession and retaining allowances if any)
Employer 13.61%Contribution:
3.67% = Provident Fund (A/c No.1)
8.33% = Pension Fund (A/c No.10)
0.5% = EDLIS -Employees Direct Linked Insurance Scheme (A/c No.21)
Administrative Charges:
1.10% of emoluments = Provident Fund (A/c No.2)
0.01% of emoluments = EDLIS (A/c No.22)
Total 25.61%
From India, Mumbai
Dear Suraj
PF CONTRIBUTION
Employee 12%
(Basic wages, dearness allowance, cash value of food concession and retaining allowances if any)
Employer 13.61%Contribution:
3.67% = Provident Fund (A/c No.1)
8.33% = Pension Fund (A/c No.10)
0.5% = EDLIS -Employees Direct Linked Insurance Scheme (A/c No.21)
Administrative Charges:
1.10% of emoluments = Provident Fund (A/c No.2)
0.01% of emoluments = EDLIS (A/c No.22)
Total 25.61%
From India, Mumbai
PF CONTRIBUTION
Employee 12%
(Basic wages, dearness allowance, cash value of food concession and retaining allowances if any)
Employer 13.61%Contribution:
3.67% = Provident Fund (A/c No.1)
8.33% = Pension Fund (A/c No.10)
0.5% = EDLIS -Employees Direct Linked Insurance Scheme (A/c No.21)
Administrative Charges:
1.10% of emoluments = Provident Fund (A/c No.2)
0.01% of emoluments = EDLIS (A/c No.22)
Total 25.61%
From India, Mumbai
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PF-26A-Rev. Admin Chgs-0.50%-01.0 6.18-Consolidat ed 13% detail.pdf
PF Contribution detail.zip
REQUIRED DETAIL IN PF.jpg