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...

  1. Categories >> Business Management >> Personnel Management
  2. Suggest New Category

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

Question Posted / sriram

Answer Posted / sriram

For PF it is calculated only from Basic + DA
For ESI it is calculated from the Gross salary

Is This Answer Correct ?    4 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

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.

2303

what is the PF, ESI, PT & TDS SLAB RATE FOR A PROFESSIONAL WORKING IN A SERVICE INDUSTRY (LOGISTICS). IN HYDERABAD - ANDHRA PRADESH?

8730

What are some opportunities for entertainment managers in the field of Sport Management?

2322

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?

1816

How important is experience for EM managers?

2819

coordination should be an individual responsibility rather than the other insisting the coordination.justify your answer.

2193

why is personnel management is considered as one important aspect of present day management? give 5 reasons or factors.

3007

can u brief me your resume

2699

what is the process of p.f.sub code

7894

HCL,TATA,BIRLA,ACER,SONY,SAMSUNG,HEROHONDA,TVS

3506

I'm very sorry. I address in hope to search Viraf Langrana, born 14 Oct.He was en engineer on the ship chanakya till 1982.

2436

What is the market like for EM majors?

2653

“A cost may be direct cost as well as indirect cost at the same time. Explain with arguments,whether you agree with the statement or not?” (Answer must be less than 100 words)

2121

What is the contacts definition and function....?

1875

Imagine that your appointed as the manager of a reputed company. How will you plan the various activities in your organisation

2056