PF Basic Break up

	Message From: msrinivas	Total Posts: 4	Join Date: 16/04/2009
Rank: Beginner	Post Date: 20/07/2011 00:30:35	Points: 20	Location: India

Dear Members,

Please let us know what is basic rule for PF Basic break up.

M Srinivas 9
9866005600

srisu2412@rediffmail.com

	Message From: nisar5346	Total Posts: 1	Join Date: 16/04/2009
Rank: Beginner	Post Date: 22/07/2011 02:02:11	Points: 5	Location: India

Dear Mr Srinivas, Your question does not give clear idea for exactly what you are looking for. However PF is calculated @12% on Basic Salary + DA. Recently one judgement has come where it is mentioned all other* allowances should be counted while calculating PF. If anything else, please mail me at nisar5346@gmail.com

	Message From: patelnai	Total Posts: 2	Join Date: 16/04/2009
Rank: Beginner	Post Date: 08/08/2011 13:41:40	Points: 10	Location: India

PF calculation are as following

Employee

12% of Basic+DA = Provident Fund

Employer

3.67% of Basic+DA = Provident Fund

8.33% of Basic+DA = Pension Fund

1.61% of Basic+DA = Admin Charge

(PF Admin Charges@1.10%, EDLI Contribution@0.5% and EDLI Admin Charges@0.01%)

Nainesh

	Message From: yogeshkale000	Total Posts: 2	Join Date: 16/04/2009
Rank: Beginner	Post Date: 17/08/2011 06:20:46	Points: 10	Location: India

in pf 1.61 means adminstrative charges

	Message From: gtr100	Total Posts: 3	Join Date: 16/04/2009
Rank: Beginner	Post Date: 18/08/2011 01:06:37	Points: 15	Location: India