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Actually PF deductions with employee is 12% from Basic and contribution for PF by employer is 12% +1.61% Adminstration charges.

So total percent given by an employer is 13.61%

Employees complete 12% goes to PF account while employer contributions' 8.33% goes to Pension fund and 3.67% goes to PF fund.

But this differs from company to company

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13y ago
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14y ago

12% of Basic

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Q: How much percentage of provident fund are cutting down on basic salary?
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Related questions

What is the percentage of employer's contribution to provident fund on employee's basic?

It is 12% of your Basic Salary


How many percentage of provident fund should be deducted according to the rules of India?

12% of the basic salary paid


How provident fund calculating?

If basic salary is Rs. 10000 the PF is 1200. It is 12% of the basic salary


What percent should you deuct in Provident fund challan?

12% of the basic salary


How much will get total er amount in provident fund?

It depends on how much your salary is. Usually it is 12% of your basic salary


What pe rcent of salary goes to Provident Fund?

it is 12% of your basic salary. you can add more volunteerly, if u want.


What is the provident fund amount that employers should contribute?

12% of the basic salary paid out to the employee


What is minimum and maximum portion of basic salary will be duducted for provident fund and under what law?

The minimum amount is 12% of your Basic Salary There is no maximum amount. You can contribute any % of your salary into your PF corpus


What is the employers share in provident fund?

It is the same 12% of your basic salary as you contribute to PF as employees share


What is the percentages of employee provident fund?

Contribution is 12% of the basic salary and the current interest rate is 8.6%


Is there a maximum contribution for provident fund?

No. It is usually 12% of your basic salary with no upper limit as long as you and your employer agree.


What is percentage of Provident fund?

Starting April 2012, the rate of interest will be 8.25% instead of the 9.5% that was offered so far