hard20 pts · first answer countsprovident-fund
Splitting the employer PF contribution
An employee has a basic of 25,000 and the employer contributes 12% of actual basic. Of this, the pension scheme (EPS) receives 8.33% of wages capped at 15,000, and the rest goes to EPF. What are the EPS and EPF amounts, rounded?
Discussion 0
Join free to post in the discussion.
Related questions
- Employee PF contributionPayroll Specialist
- Monthly gross from annual CTCPayroll Specialist
- What the UAN is forPayroll Specialist
- A voluntary deductionPayroll Specialist
- PF on increment arrearsPayroll Specialist
- Raising basic within a fixed CTCPayroll Specialist
- Total PF payable for the monthPayroll Specialist
- PF after loss of payPayroll Specialist