Chandu0147
Employee
Saurav1314
Payroll,hr-shared Service
Abhi16march
Manager Hr
ShaliniAmit
Hr Professional
Darshan.palkar
Mba-biotechnology,hr
Patroap
Service
+8 Others

Prime Sponsor - FactoHR.com - Payroll Software with GPS Enabled Attendance, Travel, Performance Management, HRMS. Explore Features
Dear All,
I m submitting herewith the combined sheet of PF calculation sheet and challan sheet in excel format as per requirement of our some HR felloz.Hope it will be useful for you.

Provident Fund :

Note :PF always calculated on BASIC + DA
Total PF contribution : 25.61%

Employers Contribution :12% (3.67% PF +8.33%Pension) +1.61%Administrative charges (1.10% Adm charges +.50 % EDLIF Charges) =13.61%

Note: Pension value 8.33% is always constant whther PF value can be variable depending on the Basic & DA
Pls study following cases:

Case :1 if Basic + Da = 6500 then then contri wil be like ths Pension 8.33% ( 541) and PF value wil be (239)

Case II 1 if Basic + Da > 6500 then then contri wil be like ths Pension 8.33 %( constant value 541) and PF will be : exess amount - 541 as exp IF Basic + DA is 12000/- then it wil be like ths Pension will be 541/- and PF will be 899/-
( cal.: 12000*12% -541 = 899/-)

Case III : if Basic + Da < 6500 then then contri wil be like ths Pension 8.33% and PF 3.67% of basic +DA
Exp : if basic is 5500/- then Pension wil be 5500*8.33% =458 and PF will be 5500*3.67% = 202/-

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 case II)

Some other useful info regarding PF:
Form No. Purpose

13 (revised) For transferring the Provident Fund account of a member from one establishment another establishment covered under the act / scheme

19 To be submitted by a member to withdraw his Provident Fund dues on leaving service/retirement/termination.
10-C For claiming - Refund of Employer share.( with form no.19)
10-D To be submitted by the first claimant i.e.- member or - widow/widower or- orphan nominee as the case may be
31 For the use of Provident Fund members to avail advances / withdrawals as provided in the scheme
Rate of Interest:8.5%

Note :Formula are given asked pls whre r u confused and if stil confuse then I ll submit a demo sheet……pls revert back to me

Thankx

Attached Files
 Membership is required for download. Create An Account First PF CHALLAN & CALCULATION SHEET.xls (34.5 KB, 34302 views)

Cite.Co is a repository of information created by your industry peers and experienced seniors sharing their experience and insights.
thanxxxxxx alotzzzzzzzzzzzz vijeta i hv designed it for easy calculation.....any confusion can be revert back to me....

Provident Fund :

Note :PF always calculated on BASIC + DA
Total PF contribution : 25.61%

Employers Contribution :12% (3.67% PF +8.33%Pension) +1.61%Administrative charges (1.10% Adm charges +.50 % EDLIF Charges) =13.61%

Note: Pension value 8.33% is always constant whther PF value can be variable depending on the Basic & DA
Pls study following cases:

Case :1 if Basic + Da = 6500 then then contri wil be like ths Pension 8.33% ( 541) and PF value wil be (239)

Case II 1 if Basic + Da > 6500 then then contri wil be like ths Pension 8.33 %( constant value 541) and PF will be : existing amount - 541
> As exp IF Basic + DA is 12000/- then it wil be like ths Pension will be 541/- and PF will be 899/-
( cal.: 12000*12% -541 = 899/-)

Case III : if Basic + Da < 6500 then then contri wil be like ths Pension 8.33% and PF 3.67% of Basic +DA
Exp : if Basic is 5500/- then Pension wil be 5500*8.33% =458 and PF will be 5500*3.67% = 202/-

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 case II)

Note :Formula are given in sheet and Pls ask whre r u confused and if stil confuse then I ll submit a demo sheet……pls revert back to me

Thankx
Dear
Thank you for the nice information given by u. It is very simple and short which can be understood by the majority of the people.
One thing i want to know more if you can help me out.
what will be the the calculation of pension given by the RPFC for an employee who retires on attaining the age of 58 and his basic salary is Rs6500 and DA is Rs1400.
It will be very much useful to me if you can revert.
Many thanks
regards
Bhupesh Joshi
Hi tiwari
Thanks a lot , the information which is provided by u is excellent , it has all the clarities and a new person can follow the sheet
Once again I thank u for providing me the details of PF calculation
Regards
Venu
hi venu.really its a very motivative for me.........hope ths wil be useful for u all..........thanx a lotzzzzzzzzzz
Ours is steel manufacturing and ingot division. I want to know the importence of workmens' body protection from heat and flying metals.
Is it really necessary to provide leather appron (full slivs).
What is the rule saying?
Regards
Debajit Roy
Dear All,
This is chandra sekhar, (HR/ Dept.)
Thanks for pf calcu. sheet.to Mr.Abshiek tiwari, I had made sample of sheet with has been used for our company in a sample format purpose i hope you like this & it may helpfull to all.

Regards,
Chandra sekhar
HR.executive
(ROSHNI DEVELOPERS/ INDU GROUP)
9848335631/ 9963144154

Attached Files
 Membership is required for download. Create An Account First Calcu. pf Emp.eps.epf sample sheet for HR site..xls (28.5 KB, 2759 views)

Dear Sir,
I want to know how final amount of PF is calculated including the interest rate
my kast basics was 6000 & PF was 12% i.e. 720
i worked there for 9 months
Then i want to calculate the final PF amount that i will gate
i have submitted PF withdrawal form.
Please informed me if you know this
Darshan Palkar
Pune
Dear Mr.Darshan, gud quest Your contri wil be like ths Empr 720/- Emp 720/- total contri 1440/- PM Note: Rate of interest on PF amount is 8.5%
Prime Sponsor - Talentedge.com "Interactive Anywhere Learning". Executive courses from top reputed institutes like IIM, XLRI, MICA. View Courses