avinash1986

 Profile Answers by avinash1986 

• Sep 5th, 2008

 

The amount which is deducted from your salary every month with fixed percentage and it will return back to you when you leave company after becoming permanent employee.

brijesh152

 Profile Answers by brijesh152 

• Dec 11th, 2008

 

12 % of Basic Salary of Empolyee's Share
12% of basic salary paid by Employer

Total 24 % deposit in Employee's PF account

ketavarapu

 Profile Answers by ketavarapu 

• Feb 3rd, 2009

 

A/c No.1    3.67% on total wages due

A/c No.10   8.33% on total wages due

A/c No.21   0.5% on total wages due

koteswararao.m

 Profile Answers by koteswararao.m 

• Jul 2nd, 2009

 

A/c no-1         15.667%

A/c no-10         8.333%

A/C No-21        0.5 %

A/C No-2          1.1 %

A/C no-22        0.01%

neelam bala

 Profile Answers by neelam bala 

• Sep 2nd, 2009

 

PF is mandatory to the employer who recruit the employee more than 20. The calculation for the PF 12% on the basic which will be deducted from the employee salary & the same the Employer.

Devubpatil

 Profile Answers by Devubpatil 

• Dec 18th, 2009

 

For A/c no. 1 it is 3.67%,
For A/c no 10 it is 8.33% and
For A/c no 21 it is 0.05%

Dinu Raj

 Profile Answers by Dinu Raj 

• Jan 23rd, 2010

 

PF Employer contribution
12% of Basic+DA+1.61%
Out of this 12%
3.67% will go to Povident Fund (Ac No: 1)
8.33% will go to  Pension Fund ( Ac No: 10)

And
1.61% on PF contribution is Bifurcated into 3 parts

1.1%  Admin charges
0.01% Admin on EDLI
0.5% EDLI

PF Employee Contribution

12% of Basic+DA
Entair amount will deposited to PF (Ac NO: 1)
Employee can make higher contribution but he can't contribute less than employers contribution.

Puran

• Aug 23rd, 2011

 

Hi it is
12% in account no.1
8.33% in account no.10
1.1% in account no 21
0.5% in accunt no 20
0.01% in account no. 21
regards
Puran Dangwal

AMLAN

• Sep 4th, 2011

 

The answer given by u is right except the A/c no. 21 will get .5% not .05%

Fundiswa Pikoli

• Sep 5th, 2011

 

11% and 4%

Arvapally K

• Sep 10th, 2011

 

Provident Fund Payment from employ 2.5 and employer 2.5 on basic salary totally 5%

Harshini

• Nov 13th, 2014

 

There is no splits in Employee contribution, but there is a split up in Employees contribution. that is
Employer contribution splits into: EPF(Employees Provident Fund )(Basic ACT 1) is 3.67%,
Employees Pension Fund(wages ACT 10) is 8.33%
EDLI(Employees Deposit Linked Insurance)(wages ACT 21) is 0.5%
EPF admin Charges(Basic ACT 2) is 1.1%
EDLIS Admin charges(wages ACT 22) is 0.01%