Thanks a lot
I am in the process of calcualating the PF amoutn for our employees I know the %s but I don't have the format. I was planning toprepare the formula format for PF but You made my work easy.
It helped me a lot.
Thanks
usha
Quote:
Originally Posted by ptiwari2ki Dear Madhvai,
thanks for the reply. What i exactly need is some formula by which we can caculate how much amount will be accumulated at the year's end at a fixed epf rate (say 8.5%) on the combined monthly EPF shares of Employee and Employer (i.e 12% + 3.67% of {basic+DA})
i have sent the scenario in excel file (sheet2) at your email id.
thanks again |