Pf calculation
This query is : Resolved
07 February 2012
Sir,
Mr.A has salary of Rs.8000/-PM
Dearness allowance 10%
Present 25days for Jan.2012
sir i want to known how to calculate PF contribution for Employees and employers
Plz show me seperate calculation for Employees and employers contribution
Replay its urgent
Mr.A has salary of Rs.8000/-PM
Dearness allowance 10%
Present 25days for Jan.2012
sir i want to known how to calculate PF contribution for Employees and employers
Plz show me seperate calculation for Employees and employers contribution
Replay its urgent
CMA Ramesh Krishnan
(Expert)
07 February 2012
You need to calcualte
8000+(10%of 8000) = 8800
8800/31x25= 7097 x12% Rs.852 Employee`s contribution
Employer contribution also the same. Pension fund will be 8.33% of 7097 X 8.33% =591 Balance Rs.261 Provident fund
8000+(10%of 8000) = 8800
8800/31x25= 7097 x12% Rs.852 Employee`s contribution
Employer contribution also the same. Pension fund will be 8.33% of 7097 X 8.33% =591 Balance Rs.261 Provident fund
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