What Is the Formula for Calculating a Provident Fund?
The employee’s contribution equals 12% of his or her basic pay plus Dearness Allowance (DA). When the Basic Pay + DA is less than or … Read more
The employee’s contribution equals 12% of his or her basic pay plus Dearness Allowance (DA). When the Basic Pay + DA is less than or … Read more
How To Check Your Provident Fund Balances In South Africa Image Source: FreeImages The South African government has a provident fund (PF) system in … Read more