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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
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Answer Posted / shishu pal yadav
Employer contribution 12% of basic (maximum on Rs. 6500)
Emplyees Contirbution 12% of basic (Maximum on Rs. 6500)
But 1.61% extra has to paid by employer's as a Admin
charges.
Gross Amount will be deposit in PF.
1. Employer's Of Rs. 780+105 (12%+1.61%on 6500/-)
2. Employee's Of Rs. 780 (12% on 6500/-
Total 1665/-
| Is This Answer Correct ? | 10 Yes | 1 No |
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