Rules for PF deduction?

I am working with a Management college as a student Advisor. There is provision of PF deduction. Will you please tell me the deduction amount depends upon the company or any rules are formed by Government for the same?

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~Hi~


~Rules For Provident Fund (PF)~

• Every Permanent Employee is Avail of PF Deductions,
• As per Government Norm 12% from Employee Salary will deduced every month for PF,
• Company will add 12% in addition with the deduced amount from Employee & Maintain PF.

_Please Find the Attachment below For More Info_








Thanks!!!

Dear, asker the rule for pf deduction are are compulsary in government and other big private sector.Rules for PF deduction as under-1. Every employee are eligible for PF deduction2. 12% from his/her salary are allowed for PF deduction every months3. As PF(providend fund) is benefitted at the time of retirement.

Dear, Sir every employee are admissible for PF(providient fund) deduction .as we know in government sector all employee are allowed for12% of PF deduction from their monthly salary,even in big corporate sector emloyee are allowed for PF dedudction as based on company norms.

~~Hi Friend~~


Following are the rules of provident fund:-




(1)Every employee is availed of pf deduction.
(2)In government sector,all the employees are allowed for the deduction of 12% of PF from their monthly salary.
(3) In corporate sector,employees are allowed for deduction based on company norms.




Thanks.....

Rules of PF deductions is as under:-

1.After confirmation each employee deduct's his/her salary for P.F.as mendatory.

2.Govt.and PSU deducts 10% of basic for P.F

3.Asusual form PVT concern deducts 12% for p.F.

As per the labor law the permanent employees in an organisation have to make contribution towards PF(Provident Fund).
The PF is for the welfare of the employee and the government.
The PF amount is the 10 or 12% of the employees basic salary.
The incentives, bonus and other allowances wont come into account.
If the employee agrees to pay the PF then there is equal contribution from the government towards PF of the employee.
This is a general rule by the government that applies to all the companies.

Hi friend
Pf is your future worth.
Every company or government job deducted it directly through your selary autometicaly in every month.
*Exceeds Rs. 6,500 per month.
*for every company who is employing 20 or more employees on salary, then PF deduction is mandatory for a person whose salary is equal or different than 6500.The amount deduction is fixed tto 12% out from primary Salary it is deducted both from the employee and the employer share.
*Any company violating this rule may be in trouble.
*as per PF Act 1952, ceiling limit is6500/M i.e. (Basic DA) of an employee.
If the employee¡¯s emoluments exceed6,500/- per month
Thankyou

HI,

Prepare for interview, it is most important.
University project is just for the time being.
But your career is first, concentrate more on interview prepartion and written tests.
That does not mean you should ignore your project work.
Know the basics and it will be helpful when asked in interview.
Hope this is helpful!!!
Good Luck!!!!

the rule for pf deduction square measure square measure mandatory in government and different huge non-public sector.Rules for PF deduction as under-1. each worker square measure eligible for PF deduction. twelve-tone system from his/her earnings square measure allowed for PF deduction each month. As PF(provident fund) is benefited at the time of retirement.

every worker square measure admittable for PF(provident fund) deduction .as we all know in government sector all worker square measure allowed for twelve-tone system of PF deduction from their monthly earnings,even in huge company sector worker square measure allowed for PF deduction as supported company norms.
As per the labor law the permanent staff in AN organisation ought to create contribution towards PF(Provident Fund).
The PF is for the welfare of the worker and therefore the government.
The PF quantity is that the ten or twelve-tone system of the staff basic earnings.
The incentives, bonus and different allowances wont acquire account.
If the worker agrees to pay the PF then there's equal contribution from the govt. towards PF of the worker.
this is often a general rule by the govt. that applies to all or any the businesses.