Can someone explain me about parts of employers share in PF? - Business & Economy - Investment - TIK Share

Can someone explain me about parts of employers share in PF?


Rakesh Sharma

2015-04-14

Hey Guys, I wanted to understand the parts of employer’s contribution.

What is "Pension Contribution" means?

Is this calculated on some percent basis?

Is any change happened  recently on calculation of this? As from October 2014 it suddeny started going more than double amount than earlier as part of "Pension Contribution" in my pf account.

Mahesh Kumar

2015-04-29

The PF contribution is 12% of Basic salary from both employee and employer.

12% of Employee Share towards PF
8.33% of Employee Share as Family Pension Funds
3.67% of Employer Share for EPF

EPF= Employee (12% of salary + DA) + Employer (12% + DA)

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SANJAY KUMAR GANNA

2015-04-29

Maximum PF can be Rs. 780 as upto 6,500 salary only Applicable

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