Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

CAN ANY BODY ASK ME CLASSIFICATION OF P.F
RS 930 /- DEDUCTION FORM MY SALARY AS A P.F SO HOW MANY RS
CREDITED IN MY ACCOUNT ( GIVE IN DETAIL )

Answer Posted / raghunath

As per PF rules, It will be deducted @12% on Earning of
Basic salary.

with reference the above question Rs.930/- has been
deducted in your salary. that means your Earning of basic
Salary should be Rs.7750/- (Rs.7750@12%= Rs.930/- PF)

Provident Fund (PF) classified in two types.
i) Employees Contribution :- It will be deducted on
Employees earning of basic salary and same amount is
deposited in Employees PF account.

ii)Employers Contribution:- Employer will contribute the
PF amount for his employees. which amount equal to
Employees contribution(12% on earning of Basic Salary)

So, Total credit of your PF account should as given below

i) Employees Contribution
(PF - deduction on your salary) Rs. 930.00
ii) Employers Contribution Rs. 930.00
----------
Total Rs.1860.00
==========

Is This Answer Correct ?    2 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Short answer on _______Amendment

1959


explain about mergers & aquisitions? asked on 30/7/09

2087


Hi friends can you send me the Accounting Interview questions with a interview experienced questions please

2179


Short Answer on __________Accrued interest

1845


what is Exposure ?

1983


differed tax liability

1884


what are the differences between Tally and Focus?

7936


what is the procedure of interview question in genpact

2204


what s BSPL and its significance?

4063


EXPAND___________NBFCS

2046


What Is The Limitation Of Remuneration Allowed If Book Profit Is 375850 In A Business Firm And In A Professional Firm?

2164


What Settlement details are required on the delivery instruction slip?

4847


what is new updates in account

2046


1) why rbi charges more interest rate in d form of repo while borrowing from commercial banks, and lends at a lower interest rate(reverse repo) to d commercial banks? 2) Do cooperative banks need to maintain policy rates with rbi? 3) why rbi does'nt pay any interest rate on CRR?

2077


interest paid comes under which head

1485