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It depends on how much your salary is. Usually it is 12% of your basic salary
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∙ 11y ago
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How much will get total ee amount in provident fund?
its the double amount +additional intrest what u got ur sms..suppose u got a sms of EE amount is 2000,then final EE amount is 2000*2+8.5%
How much can you invest yearly in public provident fund?
From min. 500/- to max. 100000 /-
After how much time of joining an employee can withdraw his Provident fund amount.?
It depends on how long you have had the PF account and why you are withdrawing it. Refer to the link in the related links section to understand the rules.
Can you withdraw from provident fund as current employee?
Yes you can. To know more details of when and how much you can, check the related links.
How much provident fund will an employee get in case of quitting service after 17 years?
It depends on what your salary was and how much money you put into the EPF account every month. This question cannot be answered without that information
2. Do you think how much is proper amount in an emergency fund?
No
How much percentage of provident fund are cutting down on basic salary?
Actually PF deductions with employee is 12% from Basic and contribution for PF by employer is 12% +1.61% Adminstration charges. So total percent given by an employer is 13.61% Employees complete 12% goes to PF account while employer contributions' 8.33% goes to Pension fund and 3.67% goes to PF fund. But this differs from company to company
What is the difference between a gross and net withdrawal from a fund?
The difference between a gross and net withdrawal from a fund has to do with how much money you will receive. The gross withdrawal is the amount taken out of your fund which includes fees that you will not get to keep, the net withdrawal is the amount you receive after the bank's fees and any others are taken out.
Is an index fund a good investment?
An index fund can be a great investment. If you read the works of John Bogle (who founded the Vanguard Group), he argues that an index fund has the best possible potential of maximizing your return with little risk and, more importantly, costing you the lowest amount in fees. The more you pay in fees, of course, the lower your return. A good index fund like an S&P 500 index fund or a total market fund performs well over time and won't cost you much.
How much your new employer can deduct for employee provident fund for partial month working?
PF contributions depends on you basic salary. Eg. if you have worked for 15 days , then on 15 days basic, your pf contribution will be calculated i.e 13.61%of basic .
How do you calculate cost of fund of banks?
Roughly it is: (IE / TDA)*100 = cost of funds in % Where: IE = Total annual cost for Interest Expenses (including bonds, repos etc) TDA = Total Deposits Amount (including bonds, repos etc) The actual calculation is much complicated.
How do you calculate cost of fund in a bank?
Roughly it is: (IE / TDA)*100 = cost of funds in % Where: IE = Total annual cost for Interest Expenses (including bonds, repos etc) TDA = Total Deposits Amount (including bonds, repos etc) The actual calculation is much complicated.
