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Salary-ppf

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(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
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CA Krunal

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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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