Pf calculation on salariee

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Dear Experties,

please guide me to calculation of pf on salaries,since pf regional officer asking to calculation on 50% of gross salary.
Replies (3)

For PF deduction there are 4 rules as mentioned below:
1) 12 % of basic salary
2) 12 % of basic salary with 1800 cap
3) 12% Gross-HRA (all the fixed salary heads are included except HRA)
4) 12% Gross-HRA with 1800 cap (all the fixed salary heads are included except HRA)

50 ٪ of gross salary nowwhere it is mentioned.

In a basic salary calculation, the Provident Fund (PF) is calculated by considering the Basic Wage and Dearness Allowances. The employee contributes 12% of their Basic Wage + Dearness Allowances towards PF, while the employer contributes 3.67% towards PF on the same amount. Additionally, the employer also contributes 8.33% towards a pension scheme for the employee.


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