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 ?

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