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Why every company has different policies for PF contribution ?

+2 votes

I have so many friends who are working in different companies . Few of them are working in India based company and few are in US based . Why does Indian based company contribute less in PF ? Is it government policy or individual company has its own policy ?

posted Jan 19, 2016 by Vikram Singh

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1 Answer

+1 vote

PF policy is same irrespective of companies. 12 % of basic should be contributed by the employee and the same should be from employer. Employee also has the option for more contribution up-to the max of 24% of basic.

answer Jan 21, 2016 by Salil Agrawal
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