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Actually PF deductions with employee is 12% from Basic and contribution for PF by employer is 12% +1.61% Adminstration charges.
So total percent given by an employer is 13.61%
Employees complete 12% goes to PF account while employer contributions' 8.33% goes to Pension fund and 3.67% goes to PF fund.
But this differs from company to company
What else can I help you with?
What is the percentage of employer's contribution to provident fund on employee's basic?
It is 12% of your Basic Salary
How many percentage of provident fund should be deducted according to the rules of India?
12% of the basic salary paid
How provident fund calculating?
If basic salary is Rs. 10000 the PF is 1200. It is 12% of the basic salary
What percent should you deuct in Provident fund challan?
12% of the basic salary
How much will get total er amount in provident fund?
It depends on how much your salary is. Usually it is 12% of your basic salary
What pe rcent of salary goes to Provident Fund?
it is 12% of your basic salary. you can add more volunteerly, if u want.
What is the provident fund amount that employers should contribute?
12% of the basic salary paid out to the employee
What is minimum and maximum portion of basic salary will be duducted for provident fund and under what law?
The minimum amount is 12% of your Basic Salary There is no maximum amount. You can contribute any % of your salary into your PF corpus
Is PF to be paid by the company into the employees account is deducted from employees salary?
No, the Provident Fund (PF) contribution is not directly deducted from the employee's salary. Instead, it is a statutory benefit where both the employer and employee contribute a percentage of the employee's basic salary to the Provident Fund account. The employer's contribution is a separate contribution made by the company, while the employee's portion is typically deducted from their salary before it is disbursed.
What is the employers share in provident fund?
It is the same 12% of your basic salary as you contribute to PF as employees share
What is the percentages of employee provident fund?
Contribution is 12% of the basic salary and the current interest rate is 8.6%
Is there a maximum contribution for provident fund?
No. It is usually 12% of your basic salary with no upper limit as long as you and your employer agree.
