if u were a billionaire u wouldn't have to worry about it
Rs. 1140 (12% of your Rs. 9500 basic) from your salary + an equal contribution by your employer which may take Rs. 6500 as upper limit for basic
No. It is usually 12% of your basic salary with no upper limit as long as you and your employer agree.
there is no minimum limit of CRR in India but the maximum limit is 15%
The maximum and minimum limits of Provident Fund (PF) contributions can vary by country and specific regulations. For example, in India, the Employee Provident Fund (EPF) mandates a minimum contribution of 12% of the basic salary from both the employee and employer, while there is no specified maximum limit for contributions; however, the interest on contributions is capped at a certain salary threshold (currently ₹15,000 per month for mandatory EPF). Thus, if an employee earns ₹20,000, their contribution would still be calculated on ₹15,000 for the purpose of EPF, even though they may contribute a higher percentage voluntarily.
A limit on how high a salary can be.
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/-) In Essence, the employer will contribute 12% of your Basic just as mentioned above with the simple difference being the fact that the EPS component is constrained by an upper limit and the remaining usually goes towards your EPF.
As workers compensation regulations are subject to state law, each state may have differing minimum and maximum salary requirements for officers but, yes, there is a minimum and a maximum limit set which is subject to change each year.
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/-)
The NFL's minimum salary is $225,000 year. Many players earn the minimum.-----As of the start of the 2007 season, the minimum rookie salary has increased to $285,000.
The basic salary deferral limit for 2012 is $17,000. The catch-up provision for those 50 and older is an additional $5500.
You can calculate pf very simply....you can choose EPF Calculator for that.IN that u just add your detail and monthly wage you will get all results which you needed....Epf calculator is free you can download it from their site.PF is 12% of your basic salary. If your basic salary is Rs. 1000/- PF will be Rs. 120 employee contribution + Rs. 120 employer contribution
A limit on how high a salary can be.