Do companies pay exactly same amt of P.F (as employer's
Contribution )as deducted from employee's salary
Eg. employee's cont. 5000/-
employer's cont. 5000/- is it
Answer Posted / s p yadav
Dear All
Emplyee Side- 12 % of Basic + DA and maximum cellig limit
of PF Rs. 6500/- PF 780/- and
Employer Side - 13.61% of Basix + DA contribution would be
6500 * 13.61% = 885. as per list
Provident Fund : 3.67%
Pension Scheme : 8.33%
Admin Charges of PF : 1.10%
EDLI : 0.5%
Admin Charges of EDLI : 0.01% (Employee Deposit Link
Insurance
Note: Employee can availe the benefit of voluantry
contribution in PF A/c.
Thanks
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