How to calculate PF with example
Answer Posted / 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 |
Post New Answer View All Answers
what are the disadvantages of back-flush accounting?
What is the distinction between cost accounting and management accounting?
PLEASE CLEARLY EXPLAIN WHAT IS MEANT BY TDS,CST,ADVANCE TAX,PF,PT,ESI.CLEARLY AS IF EXPLAINING TO LAY MAN
What is full rate on plywood box in haryana sale tax:
What are mis reports and how do you prepare it?
What is the treatment of claim settled by insurance company but still receivable in profit and loss account
WE PURCHASED ONE ASSET,HOW CAN WE CALCULATE EXCISE DUTY,VAT,SERVICE TAX?[IN CASE OF SELLING PURPOSE OR OWN PURPOSE].SHALL WE CLIME CREDIT ON THAT?THEN HOW?
Explain what is double-entry accounting? Explain with an example?
What is the difference between perpetual & periodic inventory system?
How do I charge bank charges on payments to clients
what are cost accounting and its applications?
Tell me the types of accounts involved in double entry book-keeping?
Tell me why did you select accounting as your profession?
Do you know what is a cpa?
What are the effects of international accounting standards on accounting practices of developing nations?