hitu_r_patel
What is My PF deduction amount in below case, IF
Month - March-2014
Basic Salary is Rs.12,412/-
HRA is Rs.4494/-
Conveyance is Rs.2354/-
Other Ern is Rs.2140/-
Gross Salary Rs.21400/-
What is the amount will deduct from my salary as a EPF

From India, Ahmedabad
prathapsvumba
29

Dear Hitu,
With reference to your query, I understood that your Basic Salary is 12412/- , You are covered under EPF (W.e.f 01.09.2014 as per new wage ceiling limit increased from 6500/- to 15000/-
As per that your deductions are as follows
Employee Contribution - 12% on 12412 - 1489.44 (round off to 1490)
Employer Contribution -
EPS Employer share 12412 x 8.33% -1034
EPF employer share 12412 x 3.67- 456
EDLI charges 12412 x 0.5% 62
EPF Admin charges 12412 x 1.1% 137
EDLI Admin charges 12412 x 0.01% 1.24 ( round up to Rs 1/-)
Hope I clarified your doubt, Please let me know If you require any other clarification.
Thanks & Regards
T.Prathap,
HR Executive, Human Resource Department,
R L Jalappa Narayana Heart Centre,
,
Mobile:8884291530.

From India, Madras
Flosilhr
Basic - 5000
HRA - 6250
Conveyence Allowanc - 2500
Education Allowance - 2500
Washing Allowance - 2500
Medical - 1250
LTA - 500
PF - 1560(Employee+Employer)
SPL other allowance - 2940
kindly let me know Pratap how to calculate PF

From India, Chennai
prathapsvumba
29

Dear Flosil,
With reference to your query
Employee Contribution - 12% on 5000 - 600
Employer Contribution -
EPS Employer share 5000 x 8.33% -416.5 (round up to 417)
EPF employer share 5000 x 3.67- 183.5 (round up to 184)
EDLI charges 5000 x 0.5% - 25
EPF Admin charges 5000 x 1.1% - 55
EDLI Admin charges 12412 x 0.01% 0.5 ( round up to Rs 1/-)
Hope I clarified your doubt, Please let me know If you require any other clarification.

8884291530

From India, Madras
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