How to calculate PF with example
Answer Posted / dinesh
PF is calculated @ 12% on the Basic salary of an employee
e.g. if your basic is 5000/- then PF amount will be 12% of
rs. 5000/- i.e.600/-
Is This Answer Correct ? | 498 Yes | 81 No |
Post New Answer View All Answers
In the balance sheet, where do you show tds?
what is a grn in terms of accounting ? what is a grnthroughpo in terms of purchase order? what is a direct grn?
What are the items that are to be debited in accounting and what are the items that are to be credited in accounting?
MEANING OF RED HERRITING
HOW WE MAKE A RESERVE AND AFTER ITS USE HOW WE NIL IT PLEASE MAKE A PROPER ENTRY.
what is the due date of 28th feb
what is contribution? how does it help in taking managerial decisions?
Under what type of account do the unearned revenues fall?
What is difference between Cash Flow and fund flow
Tell us what is icai?
GRIR is the clearing account so it the balance will be zero, so how it will impact with balance sheet and why we require to reconcile that account ?
What is the tds effect in balance sheet if tds receipts?
We bought some machines from Singapore (capital goods), payment made in rupees. but the invoice value is mentioned as USD. 1. party ledger shows (debit side) amount in rupees. now i need to make purchase entry. 2. shall i want to convert USD to rupees? 3. if i do like that the party ledger will be differ.. 4. somebody pls tell me the way to make purchase entry.
Do you know what is double-entry accounting? Explain with an example?
how to create salary and pf statement in excel sheet?