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if i get rs.10000 pm as salary what is the pf rates ?
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Answer / madhulika2011
PF admin charge = Employer has to pay 1.1 % of pf wages
EDLIS: Employer has to pay 0.5% of pf wages
EDLIS admin charge:Employer has to pay 0.01% of pf wages.
Hence, total additional percentage employer has to pay is rupees : 1.61% of basic so employer has actually to pay 13.61 % of Basic and employee has to pay only 12% of pf wages.
Employees complete 12% goes to PF account while employer contributions’ 8.33% goes to Pension Fund and 3.67% goes to PF Fund.
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Answer / r.rai
PF RATE = 12%
3.67% ON SALARY - (PF, A/C -1)
8.33% ON BASIC SALRY- (PENSION, A/C NO-10)
PF AMOUNT = RS. 367.
| Is This Answer Correct ? | 1 Yes | 3 No |
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