Salary-ppf


This query is : Resolved 

(Querist)
10 April 2013 can anyone please tell me the revised rates of employees contribution towards PPF and the rate of interest credited as per Budget 2013

CA Krunal (Expert)
11 April 2013 PF deducted is @12% of basic. However there is provision in PF Act, whereby mutual consent employee can restrict its contribution to the extent of Basic amount of Rs.6500

Kindly read basic + dearness allowance

About the rate i am not sure but its in the range of 8.50 to 8.70


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