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Hi,
My Knoweldge on Pf as per know is emplyee n employer contribution is 12% of there basis + DA.
I would like to know the below details:
1. when do 6500Rs come as a slab for the employer contribution.
2. We calculate 8.33% of basis + DA as employerr contribution for pension n wat abt the rest of 3.67% of employeer contribution(12%)

From India , Madras
Hi,
Ans 1) If any persons basic salary is Rs.6500/- or more, then the company can take decision - the co can make policy to deduct PF or not if basic salary is more than 6500/-
Ans 2) Employers deduction of 8.33% will go to pention Fund & 3.67% will go to Prov Fund & Employees full amount 12% will go to Prov Fund A/c.
Thanks
Shravan Arya

From India , Thana
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