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Dear All,I wanted to know the calculation for each specified account number like A/C No 01, 02, 10, 21, and 22 in PF. How much percentage is calculated on which amount? Do we have to consider wages that are more than the wage ceiling, for example, an employee ha...
PF DeductionIf Basic Salary Is ≤ Rs 6500/-, PF = Basic x 12% = Employee Share. Rs. 6500 is the limit of PF deduction for Basic = Rs. 780/-. Employer Share is 13.61% of Basic. Total Deduction of PF = 25.61%, with the Employer contributing 13.61%.Contribution:- 3....
It is 12% of your basic salary paid by the employer, plus additional administration charges imposed on the employer. For more details, please utilize the search option on this site to access comprehensive information.
Hi Singaporean, both the employee and employer have to contribute equally to the employee's PF. Also, administrative charges of 0.5% will be included. If you earn more than Rs. 6500 as basic pay, they will not deduct the PF amount. If you wish, you can contribut...
Hi all,I wish to know about the percentage of the share contributed towards an employee's PF account by an employer. From my salary, 12% of Basic is debited towards the PF account.Thanks in advance.Singaporean
To obtain a universal PF account number for Provident Fund (PF) in India, individuals must follow the process outlined by the Employees' Provident Fund Organization (EPFO). Here's a step-by-step guide to help you navigate the allotment of a universal PF account ...
Dear All,Please find attached the allotment of a universal PF Account number for PF (Provident Fund). Hope this will facilitate us well!Regards,RamkishoreLocation: Bangalore, IndiaTags: PF account number, Country-India, City-India-Bangalore, PF account
Dear All,Please note that effective from 01/04/2017:- A/C #2 @ 0.65% on EPF Wages or Rs 500/-, Whichever is Higher.- A/C #22: No sum payable until further notice.Thank you.
Hi all,Please clarify the calculations and differences between Account no - 01, Account no - 02, Account no - 10, Account no - 21, and Account no - 22 in PF monthly Challan. How is it calculated?**Location**: Warangal, Indiapf calculation, pf challan, Country-In...
**Understanding PF Challan Account Numbers**In India, the Provident Fund (PF) Challan consists of various account numbers that correspond to different components of the PF contribution. Here is an explanation of the calculations and differences between Account n...