How PF (Provident Fund) calculated ?

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How PF (Provident Fund) calculated ?

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1. Employee Share 2.Employer Share 3.Pension Share ( Given By PF office)

PF is divided in 3 Part

PF only deducted if your salary is more than 15000 RS/Month

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PF deducted from Employee e basic salary is Male:- 10% or 12% if Basic salary> 20000Rs. Female:- 8% for first 3 year, than 10 or 12% as male.

1. Employee share

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Employer share by employee Employer must submit equal amount of PF as employee 10-12% of basic salary.

2. Employer Share

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Pension share is calculated from Employee and employer its 1.16% of basic salary. which is included in your total 10-12% of PF calculation. This share you can withdraw only after 50Years or Left the Job at list 30 days.

3. Pension Share

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