Please explain computation of Employee’s Provident Fund.

POSTED BY Shishir Jain ON July 28, 2014 2:36 pm COMMENTS (3)

In PF, 50%-50% amount is paid by employee and employer respectively. Again, out of amount paid by employer, 50% goes to Provident Fund & 50% to Pension Fund.

E.g.: if I pay PF as 1000 INR. My employer as well pays 1000 INR. Hence, my total PF accumulated is 2000 each month for which I get interest.

Please explain how does PF accumulated and calculated at the time of withdrawal?

 

3 replies on this article “Please explain computation of Employee’s Provident Fund.”

  1. shishirjain2009 says:

    can anybody pls answer ?

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Download Our FREE Ebook!

Available only for first 100 people today

Download Our FREE Ebook!

Available only for first 100 people today