Interested to Buy Any Domain ? << Click Here >> for more details...
PF calculations taken like this below example
Basic [3000]+ DA [2500]+ HRA [2200]+ Other Allow.[2000]=
Gross [9700]
PF 12% = Basic[3000] + DA[2500]= 660
or
12% of the 60% of the Gross Salary
Gross Salary(9700x60%)x 12%)= 698
In both of the two amount, PF is taken in whichever is higher?
That is PF = 698
- 3 Answers
- 10378 Views
- I also Faced
- E-Mail Answers
Answer Posted / surenmadav
As per Mr. Mahesh the PF is calculating from Basic + DA x
12% only, not for other calculations, it is applicable for
all over india. there is some limit for PF (i.e. if
Basic+Da is more than 6500/- the maximum amount would be
Rs. 780/-
| Is This Answer Correct ? | 8 Yes | 1 No |
Post New Answer View All Answers
What are some career opportunities for entertainment managers in the field of Music Management?
coordination should be an individual responsibility rather than the other insisting the coordination.justify your answer.
What is the actuator lever definition and tunction
Dear Sir, Please what is the HR introductions of the belows: - Skills training - Performance measures - Vacation leave administration: - Retirement plans: - Employee handbooks: - Company publications: - Labor low compliance: - Relocation and outplacement service. - Policy creation: - Policy communication: - Record keeping - Policies to ensure lawful behavior: - Reporting: - Posting information safety inspections: - Accessibility accommodation - Human resource planning and forecasting change management.
What is the market like for EM majors?
I want to learn how to read and understand different terms of Letter of Credit to correctly in order to preform Letter of Credit issued against my company by my client. Please let me know where I could find out the point wise definition/explanation of each article. Thanks
I cleared the Federal bank po exam. Now i am preparing for the interview. But i am so much confused what i hav to prepare.. And how i behav in front of them.. Am a little bit tensed about that.. In fact, am poor in my language.. Could any one help me for improving my language skills????
Which is the best institute in hyderabad to learn CS?
What experience have you had in personnel administration?
What is the contacts definition and function....?
I want to join the MBA distance learning Program in IT (Information Technology)from Symbiosis PUNE ,What is the market value of Symbiosis Distance learning.
examine the role of money,as a significant motivator,in the present inflationary conditions.
HCL,TATA,BIRLA,ACER,SONY,SAMSUNG,HEROHONDA,TVS what are the necessary qualities for the successful
personnel manager One of our Sundry Debtor paid the Bill amount to our sundry creditor. What is the accounting principle. Which is the use Voucher in TALLY?
