Should 50% of the salary taken as basic or 60% for calculation of PF?

Some people say 50% others 60%. what should be the percentage taken as basic for calculations

Answer:
what's PF? taken by whom, and why??
Learn english before you ask maths questions!
Basic Salary is calculate 45% of the gross salary

Formula i.e. Gross-450 Gross x 100/155 = Basic Salary

House Rent 45% of Basic
Utilities 10% of Basic
C.A 10% of Basic
what

The answers post by the user, for information only, BAnswer.com does not guarantee the right.

Other Questions and Answers:
  • Does anyone know where I can find Missouri's Legal Liability Statutes?
  • Employer Health Benefits and Pre-existing Conditions.?
  • Liability Insurance?
  • What can I do to help me build my self esteem to return to the job market?
  • What's the difference between comprehensive car insurance and liability?
  • What school would I need to go to be a bails bondsmen?
  • I am looking to open a "bareboat" rental serv. looking on how to get insur. for this type of business
  • How do loss claims affect insurance rates?