Hi friends,
This is prabhuraj, i want know about detailed P.f calculation. currently iam working in limited company. i was joined confirmation employee in aug2008. my basic 6500/- p.f my contribution 12%. suppose i resigned my job after six month end of january2009. How much i get P.f amount after resignation

From India , Madras
considering your case 12% of 6500 leads to 780 so this would be cut from your account and from coompany side also 780 per month but 30% would be cut as a pension fund which can be acquired only after 60 years or premature death whichever is earlier.
so you would be getting around 8000 by the end of january .but it would be hectic as you have to make many rounds to pf office in that place so congrats

From India , Delhi
[quote=srinivas_a;7213]
HI
THANK YOU MR. SRINIVAS. BUT HOW TO I GET RS.8000/- I DONT UNDERSTAND. MY FRIENDS TOLD ME 12% OF EMPLOYER CONTRIBUTION. 8.33% ---PENSION FUND, 3.67%------------P.F. % OF PENSION FUND ELIGIBILITY CONTINUES SERVICE OF 5 YEARS. SO HOW TO I GETTING RS.8000/- END OF JANUARY08. PLS TELL ME THAT CALCULATION

From India , Madras
Hi Prabhu Raj,
As I Told You earlier that from you contribution would be 12% of 6500 ie 12/100*6500=Rs780 per month so for 6 months it would be 780*6=rs 4680
coing to employers cotribution it would be roughly 8.33% and 3.67% towards pension
so 8.33/100*6500=541.45 so for 6 months would be 3248.7
now add both these components that is 4680+3248.7=Rs 7928.7
are u clear now

From India , Delhi
Sorry small correction 8.33% is towards pension and 3.67% towards employers contribution to you so if you have attended office without any LOP then only this is applicable so 3.67/100*6500=238.55 and of 6 months would be 1431.3 so total of both would contribute 6111.3 at the end of 6 months without LOP in the current 6 months
and regarding you can also check EPFO for clarifications

From India , Delhi
dear Sir, Can u please tell me My salary is 5500 total deductions are 728 out of which 635 are for PF after how many months of job can we withdraw my PF amount

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