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calculations of pf
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Answer / varadaraja.s
FOR UNLIMITED COMPANY :
Employer 12% on basic salary
Employee 12% on basic salary
Administration Charge 1.61%
Total = 25.61% of Basic salary
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FOR LIMITED COMPANY :
Employer 12% of 6500
Employee 12% of 6500 (6500 is Minimum wage as per the Labour
Low)
Administration Charge 1.61% of 6500
Total = 25.61% of R.s 6500/-
...........................................................
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