vijish-tk
How is PF employer contribution calculated?
From India, Coimbatore
vmlakshminarayanan
951

Hi,

Employees contribute 12 percent of their basic pay plus DA to the EPF. Employer's EPF contribution is equal to 12% of basic pay plus DA. The employer's contribution of 12 percent is split into two parts: 8.33 percent goes to the employee pension plan (EPS) and 3.67 percent goes to the Provident Fund. Pension contribution ceiling limit is Rs.1250/-.

From India, Madras
Community 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.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.