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Q: What is employer contribution towards provident fund in Pakistan?
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How does it benefit the employer by providing provident funds for employess?

Employees will have a higher satisfaction level and loyalty towards the company


What is the contribution of sultan Mohammad shah towards the independence of Pakistan?

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Does the 401K contribution limit for 2008 include employer matching contributions or is the limit only on employee contributions?

The contribution that is matched by an employer is not counted towards a 401k contribution limit. If someone contributes the maximum IRS allowed amount each year, still the employer's matching contribution would be in addition to that limit.


Can one voluntarily add additional cash toward the provident fund?

Yes and No. There is a scheme called Voluntary Provident Fund or VPF wherein you instruct your employer to deduct extra money and put it into your PF account. This is the only way you can add additional cash towards the Provident Fund account. You cannot add money any other way


Does the employer match portion of a 403b counts towards the 2008 max of 15500?

No, the employer matching contribution does not count toward the $15,500 contribution limit for 2008. If you are over age 50 at any time in 2008, you can contribute an additional $5,000 to your 403b plan.


Which country was paid an official visit by the first Prime Minister of Pakistan in 1950?

Liaquat Ali Khan was the first Prime Minister of Pakistan. Mr. Khan's contribution towards foreign policy of Pakistan is still followed by Pakistan. As Prime Minister of Pakistan his first visit took place on May 1950 when he visited Washington on invitation of American President, Truman.


How much provident fund deduct form 10000 salary?

If your Basic Salary is Rs. 10,000/- 12% of your Basic Salary works out to Rs. 1,200/- 3.67% of your Basic Salary works out to Rs. 367/- 8.33% of your Basic Salary comes to Rs. 833/- which is higher than the limit of Rs. 541/- So, your Employer will contribute Rs. 541/- towards EPS and contribute Rs. 659/- towards EPF (Rs. 367/- + Rs. 292/-)


How can calculate provident fund?

Every Month a portion of your Salary is deducted towards EPF - This will be referred to as "Employee Contribution". Your employer too contributes a certain amount every month towards EPF - This will be referred to as "Employer Contribution".Employee Contribution: 12% of your Basic Salary + DA (Comes out of your Salary)Employer Contribution: Another 12% of your Basic Salary + DA (Comes out of your Employers Pocket)


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Where does your national insurance contribution go towards?

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What is provident fund in salary?

The Government wants to tell us the importance of routine saving over a long time. This lumpsum given during retirement can be used by the employee to continue his life without being financially dependent on anyone and stand on his own legs...