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How to calculate PF with example

Answers were Sorted based on User's Feedback



How to calculate PF with example..

Answer / 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

How to calculate PF with example..

Answer / seema pandey

if basic salary is Rs. 6500 then pf is calcuated 12% of
basic salary ( 6500*12%=780 Amount deducted ) suppose if
employee salary is less then 6500 ( 5000 Salary P.M) then
pf will calculate 5000*12% - 600 deducted.

Is This Answer Correct ?    231 Yes 53 No

How to calculate PF with example..

Answer / munna2143

pf is calculated on basic salary @12% on salary

Is This Answer Correct ?    204 Yes 28 No

How to calculate PF with example..

Answer / k.suresh kumar

ESI is contributed from both the sides Employee as well as
Employer.
It is been calculated on the basis of Gross salary per
month and the maximum ceiling is 10000 Rs./Month.
The contribution from both the sides is as below-

Employee Side- 1.75% of gross/month
So if gross of an employee is 8000/month then
ESI contribution would be 8000*1.75% = 140 Rupees

Employer side- 4.75% of gross/month
ESI contribution would be 8000* 4.75% = 380 Rupees.

Where as PF is contributed @12% of basic salary only from
both sides employee as well as employer..

Is This Answer Correct ?    109 Yes 17 No

How to calculate PF with example..

Answer / ashwini patil

Pf is calculated on Basic+DA @12% example if basic salary
is 4000/- and DA(dearness Allowance) is 500/- then pf is
(4000+500)*12/100 = 540/- is pf

Is This Answer Correct ?    108 Yes 24 No

How to calculate PF with example..

Answer / ilyas

Pf is calculated on Basic+DA @12% example if basic salary
is 4000/- and DA(dearness Allowance) is 500/- then pf is
(4000+500)*12/100 = 540/- is pf

Is This Answer Correct ?    63 Yes 13 No

How to calculate PF with example..

Answer / sanket

5000*12% = 600

Is This Answer Correct ?    49 Yes 6 No

How to calculate PF with example..

Answer / m.parvathi

Pf is calculated on Basic+DA @12% example if basic salary
is 4000/- and DA(dearness Allowance) is 500/- then pf is
(4000+500)*12/100 = 540/- is pf......... "SO ihave a small dought my BASIC is 5500+(DA)2500 OK clear 8000*12/100= 960 but thay are PF deduction from my salary only 780 SO how it is possible please tell me? plz plz plz........

Is This Answer Correct ?    47 Yes 10 No

How to calculate PF with example..

Answer / shrikant

PF is calculated on Basic + Da @12%. maximum limit for
contribution on PF is 6500/- @ 12%. Employees can
voluntarily contribute more to PF than 12% on 6500/-. say
15% more on 6500/-. so total contribution will be
780+975=1755

Is This Answer Correct ?    34 Yes 9 No

How to calculate PF with example..

Answer / gourab mistri

basic salary is depending on the company/firm

basic may be 40% of gross salary or as per the limitation
of the company/firm.

so pf is 12% of basic salary.

Is This Answer Correct ?    32 Yes 15 No

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