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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



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