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What else can I help you with?
What is ee amount in pf?
ER Stands for the Employer Contribution in your PF Amount.
Does Gross salary include PF Contribution by the company?
no!
How can you see if your company contribute to provident fund?
Every year company will provide PF Statement which contains your PF Contribution amount, Company's Contribution amount, total amount and Interest
What is contribution refer to provident fund?
Contribution refers to the amount of money that gets deposited into the pf account
What is the employer's contribution to PF as a percent of of salary?
12% of the basic salary
Can pf contribution of employee be reduced?
No. It is set at a minimum of 12% of the employees basic salary
What are the contribution pf chemistry to meteorology?
It allows for the estimation of the greenhouse effect and the formation of clouds.
Does gross salary include employer's contribution to the PF of the employee in India?
In India, gross salary typically refers to the total earnings of an employee before any deductions, including basic salary, allowances, bonuses, and other benefits. The employer's contribution to the Provident Fund (PF) is not included in the gross salary; it is considered a separate benefit. Consequently, while the employee's own PF contribution is deducted from their gross salary, the employer's contribution is an additional amount provided by the employer.
Who is responsible for PF?
An employee whose drawing wage or basic salary has upto rs 6500/- responsible to pay pf contribution 12 % from employer & employee respectively.
Is PF to be paid by the company into the employees account is deducted from employees salary?
No, the Provident Fund (PF) contribution is not directly deducted from the employee's salary. Instead, it is a statutory benefit where both the employer and employee contribute a percentage of the employee's basic salary to the Provident Fund account. The employer's contribution is a separate contribution made by the company, while the employee's portion is typically deducted from their salary before it is disbursed.
How do you deduct PF contribution for piece rate employee?
You need to fix a certain amount as basic salary if you want to deduct PF. set a minimum number as basic salary and calculate PF on it. The remaining amount based on piece rate can be added a different component in the persons salary
Can you use Leadership in a sentence?
i request to you for above Subject. My PF Account is closed for Financial Problem reason. My Monthly salary Rs.3675/- I hope to you to PF Company Contribution Rs. 441/- is added to direct My salary.
