Search results
I am sridhar have been working small organization and i would like to know about clarity of PF calculation of employee and employer 1.Calculation of admin charges and 2.calculation of EDLI and which purpose can be used 3.Recent amendment of PF and ESI and for all HR Regards/Sridhar 3rd August 2018 From United States, Huntsville
Aug 29, 2011 · Pf & esic calculation w.e.f. april 1 2019 as per the new rules and guidelines New pf - do we have to put hra as a 40% of the basic and then subtract from the gross salary for the pf[..] Pf contribution - admin charges if company is still existing without employees?
Employess Contribution:12% goes to PF amount only. PF Calculation Sheet: 1.Mention your location name if existing 2.No of empls elidgible for PF 3.PF salary ths is Basic + DA amount 4.Emps contri 12% fix value 5.Emplrs contri for PF Variable ( calculation has defined above) 6.Emplrs contri 8.33% fix value 7.PF>6500 means Basic +DA >6500 ( See ...
Nov 28, 2022 · Kindly help me clarify the doubt regarding the admin charges calculation for Voluntary PF (deducted by Employer). Salary per Month: 22000 (Basic: 11000, DA: 4400, HRA: 6600) Description Employer Employee EPF Contribution 15000 x 12% = 1800 15000 x 3.67% = 551
Jan 18, 2013 · Admin Charges 1.10% EDLI admin Charges 0.50% Inspection Charges 0.01% Admin charges should be calculated on total pf earning (Wages) WDLI & Inspection charges should be calculated on EDLI wages (Pensionable wages) Now question remains with the employer whether he wans to pay on 6500 or on 40000 Regards Arun J. 18th January 2013 From India ...
Feb 15, 2013 · Please find below the example to understand the calculation of PF,EPS and EDLI - Consider an employee getting a basic salary of 7500/- Contribution Towards Calculation Amount A/C 1. EPF Employees share 7500 x 12% = 900 + EPF employer share 6500 x 3.67% = 239 A/C 10.
Mar 17, 2017 · A/C 2 Administrative Charges @ 0.65% or Minimum of Rs500/- whichever is higher on EPF Wages A/C 10 Employees Pension Fund @8.33%(Maximum up to Rs15,000/) A/C 21 EDLI Contribution @0.50%(Maximum up to Rs15,000/- including for Non EPS Members) A/C 22 EDLI Administrative Charges: Nil CONTRIBUTION Total Employee Contribution @12%
1.10% in PF Admin Charges Account 0.01% in EDLI Admin Charges Account [Please correct me if I am wrong] Please tell me EDLI to be calculated in Gross Salary or Pension Salary. My company's approximate PF Salary Rs.12,00,000/- and Pension Salary Rs.9,00,000/-. For calculating EDLI which amount I have to take whether PF Salary or Pension Salary.
PF administration charges shall be calculated @ 1.10% of wages. I am not certain about the definition of wages. Please tell me on what component of wages it has to calculated. i.e. Gross pay excluding HRA or Gross pay limited to Rs.6500/-. Can some one help me to resolve my doubt. please provide
Aug 31, 2017 · epf is is 12% from employee + 12% from employer +EDLI 0.5% (auto calculated by the portal) + 0.65% admin charge 31st August 2017 Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
