answersLogoWhite

0

Check your Job offer letter or pay slip. There will be a component called basic salary. It is not calculated but it is fixed by your employer based on your job, designation, experience etc

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

What is bais salary?

as per government go release wages in that mention basic we calculate pf on basic


What is the mininum basic for pf?

None. There is no minimum basic salary. Whatever is the basic salary 12% of it goes towards pf.


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


What is the employer's contribution to PF as a percent of of salary?

12% of the basic salary


How do you amount of my pf account?

Usually it is 12% of your basic salary. So, if your basic salary is Rs. 5000 per month, Rs. 600 will be your pf amount


How provident fund calculating?

If basic salary is Rs. 10000 the PF is 1200. It is 12% of the basic salary


How much the amount were deducted from your salary by the name of pf?

Usually it is 12% of your basic salary


How can calculate PF?

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


Is minimum wages the lowest basic pay on which pf is to be deducted?

Pl. tell me minimum basic salary/wage for pf deduction


Basic salary 5000 hra 2500 ta 2000 da 1500 total salary 11000 pf deduct basic salary or total salary?

3500


Can pf contribution of employee be reduced?

No. It is set at a minimum of 12% of the employees basic salary


What basis can an employer deduct his share of pf contribution from employees salary?

On the basis of the Basic Salary component that is part of the salary. The amount contributed is 12% of the basic salary from employee as well as an equal contribution by the employer