CA Saranya (Practicing Chartered Accountant) (329 Points)
06 September 2012Hi friends,
Please let me know the PF rates. I mean The employer contribution and employee contribution for the financial year 2012-2013. The ceiling limit if any and such other issues.
Thanks for your help.
Giridhar S Karandikar
(Team Lead)
(7543 Points)
Replied 06 September 2012
It is 12% both for employee & employer. Employee can however make contribution at a higher rate & disclose the same to his employer so that employer can make the PF deduction at the specified rates.
CA Saranya
(Practicing Chartered Accountant)
(329 Points)
Replied 06 September 2012
But heard from someone that its 13.61% for employer ??
Aditya Soni
(CS Final Student Trainee)
(727 Points)
Replied 06 September 2012
| Originally posted by : Saranya | ||
 |
But heard from someone that its 13.61% for employer ?? |
 |
No.
The rate is 12%.
Regards,
Aditya
CAclubindia
