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What is the meaning pf space?
Meaning of Space is free gap in which objects can be occupied
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.
Can you contribute PF more than 12 percent?
Yes. There is a scheme called Voluntary Provident Fund - VPF through which you can contribute more than 12% to your PF Account
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 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
Full form of pf?
The most common use of pF in electronics is to denote a picofarad, which is 1x10-12 Farads. The Farad is the base unit of measurement for capacitance.
What is the percentage of PF deduction on contract labors?
Contract labours do not get PF deduction in most cases. In the rare cases they do, it is the same 12% like permanent staff
Who is responsible for PF?
An employee whose drawing wage or basic salary has upto rs 6500/- responsible to pay pf contribution 12 % from employer & employee respectively.
What is the meaning pf preventive?
The quality of an action designed to prevent something unpleasant or dangerous from occurring.
What is the US CG approve meaning of serviceable condition condition for PF the?
Straps and zippers work
Can pf contribution of employee be reduced?
No. It is set at a minimum of 12% of the employees basic salary
