Dear all, Please share the PF calculation and what is the total share from the employer & employee end. Regards
From India, New Delhi
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8From India, New Delhi
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Hi Ankita,
The total employee and employer share is 25% of Basic + DA and other catering allowances (up to 15000). Employee share is 12%, EPS is 8.33%, Employer Share is 3.67%, Administration charges are 0.5%, and EDLI is 0.5%.
Regards,
KM
From India, Bengaluru
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The total employee and employer share is 25% of Basic + DA and other catering allowances (up to 15000). Employee share is 12%, EPS is 8.33%, Employer Share is 3.67%, Administration charges are 0.5%, and EDLI is 0.5%.
Regards,
KM
From India, Bengaluru
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Hi,
Contribution by Employee
- Male empployee has to contribute 10% or 12% of his
basic salary.
- woman employee has to contribute 8% of her basic salary for the first 3 years. Thereafter, it becomes 10% or 12% her basic salary.
Contribution by your employer
- Employer has to contribute an amount equal to 10% or 12% of your basic salary towards EPF.
Basic rate of EPF
1.Employee’s Provident Fund (EPF): 3.67%
2.Employee’s Pension Scheme (EPS): 8.33%
3.Employee’s Deposit Link Insurance Scheme (EDLIS): 0.50%
4.EPF Administration charges: 1.10%
5.EDLIS Administration charges: 0.01%
Team,
TalentPro
https://www.talentproindia.com
From India, Chennai
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Contribution by Employee
- Male empployee has to contribute 10% or 12% of his
basic salary.
- woman employee has to contribute 8% of her basic salary for the first 3 years. Thereafter, it becomes 10% or 12% her basic salary.
Contribution by your employer
- Employer has to contribute an amount equal to 10% or 12% of your basic salary towards EPF.
Basic rate of EPF
1.Employee’s Provident Fund (EPF): 3.67%
2.Employee’s Pension Scheme (EPS): 8.33%
3.Employee’s Deposit Link Insurance Scheme (EDLIS): 0.50%
4.EPF Administration charges: 1.10%
5.EDLIS Administration charges: 0.01%
Team,
TalentPro
https://www.talentproindia.com
From India, Chennai
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Salary Sheet & PF PT Calculation & Challan Nov 2010.xls