Provident Fund Total Rs. 12%
Employee Rs. 3.67% Pension Rs. 8.33%
What is presesent value
The current PF interest rate if 8% Starting April 2012, the rate of interest will be 8.25%
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
Relationship btwn an investor's required rate of return and value pf security
The current rate of interest offered in PF is 8.6% (As of 2012-2013)
percentage = 40%% rate:= 112.8/282 * 100%= 0.40 * 100%= 40%
This is a portion of our salary that our employer deducts every month. This money is remitted to the government of India's PF trust. This money is used by our government for its cash needs. Once we retire or close our PF account, the money that has accumulated against our name would be given back to us. The money in our PF account grows at the rate of 8.5% per annum compounded every year. Usually the PF amount is 12% of your Basic salary.
It would be for the state you worked in, you can not draw unemployment from a state other than the one you worked in.
It is 12% of basic salary and does not vary
The atomic number for the element Protactinium (Pf) is 91.
Posture Foundation
Pf is the symbol for Power Factor.