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