If an employees monthly basic is Rs.20000 per month then please tell me about additional pf rate and amount of pf
CA Parul Saxena (CA) (8488 Points)
30 December 2014If an employees monthly basic is Rs.20000 per month then please tell me about additional pf rate and amount of pf
Dipjyoti Majumdar
(CA in service & CS. dipmaj@ rediffmail.com )
(3468 Points)
Replied 31 December 2014
PF 2,400 from employer's and employee's side. Out of Rs 2400 of employer's contribution, Rs 1000 will go to pension and balance to PF.
Thanks,
CA Parul Saxena
(CA)
(8488 Points)
Replied 31 December 2014
and what about 1.16% please read the amedment carefully and then reply