Sir,
In my PF account amounting to Rs. 450,068.00, my contribution is Rs. 337,946.00, whereas the company's contribution is Rs. 112,121.00. Is this in accordance with the PF calculation formula? I wish to know the exact percentage deduction from the salary and the employer's contribution percentage.
From India, Kanpur
Acknowledge(0)
Amend(0)
1In my PF account amounting to Rs. 450,068.00, my contribution is Rs. 337,946.00, whereas the company's contribution is Rs. 112,121.00. Is this in accordance with the PF calculation formula? I wish to know the exact percentage deduction from the salary and the employer's contribution percentage.
From India, Kanpur
Acknowledge(0)Amend(0)
Dear friends,
To get the exact details regarding salary, service, EPS, etc., all the necessary information should be provided. However, I can provide a general overview:
1) Employee contribution of 12% will be allocated to EPF.
2) Out of the employer's 12% contribution, 8.33% will be directed to the Pension Fund, and the remaining 3.67% will be allocated to EPF.
Based on the above proportions, the approximate contributions will be Rs. 344,733 from the employee and Rs. 105,335 from the employer to the PF.
Abbas.P.S
From India, Bangalore
Acknowledge(0)Amend(0)
To get the exact details regarding salary, service, EPS, etc., all the necessary information should be provided. However, I can provide a general overview:
1) Employee contribution of 12% will be allocated to EPF.
2) Out of the employer's 12% contribution, 8.33% will be directed to the Pension Fund, and the remaining 3.67% will be allocated to EPF.
Based on the above proportions, the approximate contributions will be Rs. 344,733 from the employee and Rs. 105,335 from the employer to the PF.
Abbas.P.S
From India, Bangalore
Acknowledge(0)Amend(0)Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.
PF Pension fund contribution beyond 58 years of age.pdf
EPF - Pension contribution is zero WHY.jpg