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WHAT IS THE EMPLOYER’S CONTRIBUTION TO PROVIDENT FUND?

WHAT IS THE EMPLOYER’S CONTRIBUTION TO PROVIDENT FUND?

Priyanka Trainee Asked on January 13, 2015 in Taxes.
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Employer’s Contribution in PF is same as the Employee’s Contribution which is 12%.
Additional charges 1.61% are added to it and so, the effective rate for computation of Employer’s Contribution is 13.61%.

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Suveer Sachdeva Financial Analyst Answered on January 13, 2015.
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