Employer's contribution towards p f and pension

This query is : Resolved

Edwin George (Querist)
Follow

24 November 2015 Sir,

my queries are
1. what is the percentage of employer's contribution to P F?
2. Is it mandatory for all companies?
3. Can employer allocate a portion of P F towards Pension scheme?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

24 November 2015 1 It is 12%.
2 Yes it is mandatory for all companies on all employees covered under PF.
3 As per PF/pension regulation a portion of employer contribution is allocated towards pension scheme.

Message likes : 1 times

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now