if i get rs.10000 pm as salary what is the pf rates ?

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if i get rs.10000 pm as salary what is the pf rates ? ..

Answer / madhulika2011

PF admin charge = Employer has to pay 1.1 % of pf wages
EDLIS: Employer has to pay 0.5% of pf wages
EDLIS admin charge:Employer has to pay 0.01% of pf wages.
Hence, total additional percentage employer has to pay is rupees : 1.61% of basic so employer has actually to pay 13.61 % of Basic and employee has to pay only 12% of pf wages.

Employees complete 12% goes to PF account while employer contributions’ 8.33% goes to Pension Fund and 3.67% goes to PF Fund.

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if i get rs.10000 pm as salary what is the pf rates ? ..

Answer / suresh

8.33% pf rate.amount for 10000 is 833 rs

Is This Answer Correct ?    6 Yes 7 No

if i get rs.10000 pm as salary what is the pf rates ? ..

Answer / r.rai

PF RATE = 12%
3.67% ON SALARY - (PF, A/C -1)
8.33% ON BASIC SALRY- (PENSION, A/C NO-10)

PF AMOUNT = RS. 367.

Is This Answer Correct ?    1 Yes 3 No

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