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Do companies pay exactly same amt of P.F (as employer's
Contribution )as deducted from employee's salary
Eg. employee's cont. 5000/-
employer's cont. 5000/- is it

Question Posted / vinay valmiki

Answers were Sorted based on User's Feedback



Do companies pay exactly same amt of P.F (as employer's Contribution )as deducted from employ..

Answer / shafi

In PF, Employee Contribution is 12% of basic Pay maximum
contribution is Rs 780
And Employer contribution presently 13.65 of Basic pay that
limited to 887.25

Total PF will be 1667.25

Is This Answer Correct ?    0 Yes 0 No

Do companies pay exactly same amt of P.F (as employer's Contribution )as deducted from employ..

Answer / s p yadav

Dear All

Emplyee Side- 12 % of Basic + DA and maximum cellig limit
of PF Rs. 6500/- PF 780/- and

Employer Side - 13.61% of Basix + DA contribution would be
6500 * 13.61% = 885. as per list

Provident Fund : 3.67%
Pension Scheme : 8.33%
Admin Charges of PF : 1.10%
EDLI : 0.5%
Admin Charges of EDLI : 0.01% (Employee Deposit Link
Insurance

Note: Employee can availe the benefit of voluantry
contribution in PF A/c.

Thanks

Is This Answer Correct ?    0 Yes 0 No

Do companies pay exactly same amt of P.F (as employer's Contribution )as deducted from employ..

Answer / rahul

It is right that Rs. 1665/- has to be deposited by employer including employee and employer contribution along with admin charges.
But what steps can be taken under PF act to sue the employer if they deduct 1.61% admin charges from the Employee.

In my case employer is deducting total Rs.1665/- from employee salary. Is this correct or can it be sued as it is against the PF rules?

Is This Answer Correct ?    0 Yes 0 No

Do companies pay exactly same amt of P.F (as employer's Contribution )as deducted from employ..

Answer / shweta gupta

Yes

Is This Answer Correct ?    13 Yes 16 No

Do companies pay exactly same amt of P.F (as employer's Contribution )as deducted from employ..

Answer / pradeep soni

yes

Is This Answer Correct ?    7 Yes 14 No

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