PF calculations taken like this below example Basic [3000]+ DA [2500]+ HRA [220

PF calculations taken like this below example
Basic [3000]+ DA [2500]+ HRA [2200]+ Other Allow.[2000]=
Gross [9700]
PF 12% = Basic[3000] + DA[2500]= 660
or
12% of the 60% of the Gross Salary
Gross Salary(9700x60%)x 12%)= 698

In both of the two amount, PF is taken in whichever is higher?
That is PF = 698

Question Posted / prabhu

3 Answers
8964 Views
I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

PF calculations taken like this below example Basic [3000]+ DA [2500]+ HRA [2200]+ Other Allow.[200..

Answer / mahesh

Pf is calculated on the Basic + da. i.e means the pf amount
will be as per above example is 660 rs

Regards,
Mahesh

Is This Answer Correct ?

9 Yes

1 No

PF calculations taken like this below example Basic [3000]+ DA [2500]+ HRA [2200]+ Other Allow.[200..

Answer / surenmadav

As per Mr. Mahesh the PF is calculating from Basic + DA x
12% only, not for other calculations, it is applicable for
all over india. there is some limit for PF (i.e. if
Basic+Da is more than 6500/- the maximum amount would be
Rs. 780/-

Is This Answer Correct ?

8 Yes

1 No

PF calculations taken like this below example Basic [3000]+ DA [2500]+ HRA [2200]+ Other Allow.[200..

Answer / sriram

For PF it is calculated only from Basic + DA
For ESI it is calculated from the Gross salary

Is This Answer Correct ?

4 Yes

2 No

Post New Answer

More Personnel Management Interview Questions

How will you influence people to strive willingly for group objectives in your organization (target based industry)? Apply your interpersonal influence through communication process towards attaining your specialized goals?

0 Answers Asian Paints, Sadhu Forging,

1. Briefly describe your current position and responsibilities. 2. What do your subordinates expect from you on the job? 3. What are the major stresses and challenges you face on the job? 4. What, if anything, do you dislike about your job? 5. What do you like best about your job? 6. What are the critical differences between average managers abd top-performing managers? 7. Think about the skills and knowledge that you need to be effective in your job. What are they, and how did you acquire them? 8. What have been your biggest mistakes thus far? Could you have avoided them? If so, how?

0 Answers

how to prepare for cat exam ?.. hn 3 months?

0 Answers

how can i get past literature review about recruitment and promotion.

0 Answers TATA,

What are some opportunities for entertainment managers in the field of Venue Management?

1 Answers

what is the process of p.f.sub code

0 Answers ABC, POL,

Under Operations, What are the principles of Control & Management?

0 Answers

why is personnel management is considered as one important aspect of present day management? give 5 reasons or factors.

0 Answers

If you were given the full authority in the selection of teachers, what criteria are you going to use so that you can select the best of them all?

2 Answers

How important is experience for EM managers?

0 Answers

Whether Inter-State transfer of services of a workman should necessarily be supported by terms of appointment.

1 Answers

HCL,TATA,BIRLA,ACER,SONY,SAMSUNG,HEROHONDA,TVS<BAJAJ,JET Airlines,HSBC,ICICI,HDFC AXIS all thos industries chirman name and their yearly income?

0 Answers

For more Personnel Management Interview Questions Click Here