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

Hi

 

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

 

 

in pf 1.61 means adminstrative charges

 

Employee      -  12 % Basic

Employeer     - Amount > 8.33%

Remark : as per the wage celling Rs. 6500 per month towards Employees' pension will Rs. 541.

EDIL 0.50% is required to be paid upto a maximum limit Rs. 6500.

Employer also will pay admin charges @0.01% on maximum limit.

# The above clarification is givien by taking wage upto a maximum of Rs.6500 towards wage (basic+DA)