PF Challans Calculation - don't know how to calculate Monthly PF Challans - XLS Download - CiteHR
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P Ramachandran
Hr & Administrative Manager
Mohanms007@gmail.com
Senior Human Resources
Tejasthakaria5700@gmail.com
Labour Welfare Officer
Esskae59
Hr Manager
Kripsha
Compensation Management
Sn81
Pay Roll
Sandeep.oas
Head- Hr & Administration
Sunilyeruva
Sr.asst.hr
+5 Others

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HI All, Iam a fresher & i don’t know how to calculate Monthly PF Challans. Could you pls help me to calculate the monthly challans. Regards Kripsha
In PF Challan there are five acc.
A/c1-12%+3.67%(12%for emp share and 3.67% of Employer)
A/c2-1.1%(Admin charges)
A/c10-8.33%(For pension sche)0.5%(EDLI,ie Emplo. deposit link insurance)
A/c21-0.5%(EDLI,ie Emplo. deposit link insurance)
A/c22-0.01%(Admin charges)
Thanks
Lata

Hi Friend,

Regarding PF Contribution -Employer should pay 12% of Basic salary, in which 8.33% will goes to Pension Scheme balance 3.67 will goes to PF.

While calculating the Pension Scheme employer should pay 8.33% of basic (limit is upto Rs.6500/ ie Rs.541/-) not more than that rest will goes to PF.

For eg. If the employees is getting Basic salary of Rs.8000/- Rs.541/-(8.33%) will goes to pension scheme and Rs.419/- will goes to PF, however employer has to contribute 12% of basic, whatever be the amount.

Regarding Employee Contribution of 12% from basic is unavoidable as per the PF act.

Rate of Contribution

What may it may be the company they have to contribute the below following

Employee 12%

(Basic wages, dearness allowance)

Employer 13.61%

Contribution:

3.67% = Provident Fund (A/c No.1)

8.33% = Pension Fund (A/c No.10)

0.5% = EDLIS -Employees Direct Linked Insurance Scheme (A/c No.21)

Administrative Charges:

1.10% of emoluments = Provident Fund (A/c No.2)

0.01% of emoluments = EDLIS (A/c No.22)

Total 25.61%

Warmest Regards,
Mohan.M.S

"willingness to walk the extra mile to achieve excellence"

Hope you got some info on the PF contributions.
To make things easier for you, forwarding an attachment which will help you out practically.
for any clarifications, pl. feel free to contact me.
S Kannan
94433 95863

Attached Files
 Membership is required for download. Create An Account First pf_and_esi_challan_198.xls (157.5 KB, 14894 views)

Dear Bandita,
Apart from contribution details,they would ask about PF forms details.
Iam herewith attaching the PF Forms details.Please make use of it.Prepare well for ur interview.
All the best for your interview.
Warmest Regards,
Mohan.M.S

Attached Files
 Membership is required for download. Create An Account First EPF Act PPT.ppt (33.0 KB, 3715 views)

PF CHALLAN CONTAINS THE FOLLOWING ITEMS AND THEIR CALCULATION IS AS UNDER:
NO.OF PERSONS - you have to fill the number of persons in that month under pf roles
CODE NUMBER : here you mention your company's pf code number like MH/xxxx
TOTAL WAGES FOR PF: here you fill up the total amount of wages on which pf deducted
TOTAL WAGES FOR FPS: here you fill up the same as TOTAL WAGES FOR PF if there is no seperate amount for FPS
ACCOUNT NUMBER 1 this contains employee contribution (deducted pf amount) and employer contribution (TOTAL OF EPFER ACCOUNT)
ACCOUNT NO:10 FPS ACCOUNT EMPLOYER CONTRIBUTION FOR FAMILY PENSION
ACCOUNT NUMBER:2 : 1.1% ADMINISTRATIVE CHARGES ON EPF ON TOTAL WAGES
ACCOUNT NUMBER:21:05% ON TOTAL WAGES FOR INSURANCE FUND
ACCOUNT NUMBER 22: 0.01% ON TOTAL WAGES FOR ADMINISTRATIVE CHARGES FOR INSURANCE FUND
BEFORE THIS THE INDIVIDUAL CALCULATION OF PF IS HIGHLY HELPFUL TO YOU A SPECIMEN IS ATTACHED HEREWITH

Attached Files
 Membership is required for download. Create An Account First MODEL PF WORKING.doc (54.5 KB, 4619 views)

HI,
I have one doubt, while calculating pf, 8.33% of employer's share goes to EPS & 3.67% goes in PF A/C. i just want to know that whether 3.67% is to be calculated with a maximum limit 6500 or on the total basic????????
If a employee's basic salary is 20,000,then 541 goes to his EPS A/c but iam confused about PF A/C???????????:confused:
Plz help me.........
Regards
Kripsha

Dear Friend,
No need to confuse.The employer share of 8.33% will be accounted in the pension account.The max limit of pension a/c is 541/- only.
For example:
Mr X Basic is 8000/- his PF employee contribution is 960/-
Employer Contribution of 960 will be splitted two division.The max limit of 541/- will be accounted in pension remaining 419 will be accounted in employee pf account.
I think ur doubt has been cleared.
Warmest Regards,
Mohan.M.S

Hi
There is the Ceiling Limit is Rs.6500 for EPF & EPS itself also If the Employee would like to contribute 12% of their basic+DA but the Employer not need to pay the same Amount if the Salary is beyond that ceiling. the Employer's share only Spilt into 8.33+3.67% u know
So i conclude what b the employee contribution Employer should pay 12% of ceiling limit.
I think now u may clear ur doubt
Reply,
Regards,
Sukumar,
Personnel Officer
0-9842023923

Dear Balaji,
Please find herewith the Complete details of ESI.

Employees’ State Insurance (ESI)

ESI: Employees’ State Insurance Act, 1948

Calculations: ESI from Gross Salary:

Employee: 1.75%
Employer: 4.75%

Coverage: All the employees Drawing wages up to 000/- per month engaged either directly or thru’ contractor.

Regular activities:

1. Time of joining/at any time:

Form 01 : Employer Registration Form
Form 1 : Employee should fill, at the time of joining, Declaration form with postcard size
Photograph – due date with in 10 days after the employees joins.
Form 1 A : Family Declaration Form, family details
Form 1 B : Changes in family declamation form, like family members…
Form 3 : Return of declaration form (Covering Letter) 3A continuation sheet/card,
Employer should fill. Male and female separately
Form 37 : Employer should fill Certificate of Re-Employment / Continuing employment. With
Contribution period begin and end dates.
Form 105 : Employer should fill, Certificate of Entitlement.
Form 72 : Employee should fill, Application /form for changes in particular of insured
Person. Like local office, Dispensary/Address changes.

Register 7 : Individual Computation, there Gross salary, Days, ESI amt.
Information maintains month-wise.

Cards: Temporary & Permanent Cards.

Monthly Remittance / Challans:

1. Challans every month before 21st (3 copies/ quadruplicate)
2. Submit to Bank
3. Both employer & employee contribution
4. Cheq details.

Half year returns:
Contribution period:
1st April to 30th September.
1st October to 31st March

***42 days after closing Contn. Period (before Nov 11th. And next before May 12th)

1. Form 7 (Register of Employees)
2. Form 6A: Consolidated Computation Sheet, contains total employees list, there total half
Yearly Information. Form 6 is top sheet and 6A is attachments. (Statement of
Advance Payment of Contributions)
2. In Oct & April
3. With all paid challans

Need to maintain:

* Muster Roll * Wage Register * Inspection Book * Accident Register * Cash Books, Vouchers & Ledgers * Paid Challans, RDF and Declarations
* Returns copies

Forms:

Form 4 : Identity Card
Form 4 A : Family Identity Card
Form 6 : Return of Contributions
Form 8 : First Medical Certificate
Form 9 : Final Medical Certificate
Form 10 : Intermediate Medical Certificate
Form 11 : Special Intermediate Certificate
Form 12 : Sickness Or Temporary Disablement Benefit / Claim For Benefit – Form
From 12 A : Maternity Benefit For Sickness / Claim For Benefit – Form
Form 13 : Sickness or Temporary Disablement or Maternity Benefit for Sickness / Claim For
Benefit – Form
Form 13 A : Claim For Maternity Benefit For Sickness – Form
Form 14 : Sickness Or Temporary Disablement Or Maternity Benefit For Sickness / Claim For
Benefit - Form
Form 14A: Claim For Maternity Benefit For Sickness
Form 15: Accident Book – Form
Form 16: Employer should fill, accident report form, with date of accident, place, time…need to
Submit to ESI local office immediately – 3 Copies (with 2 witness) 1-Local office,
Form 17: Death Certificate – Form
Form 18: Dependants Benefit - Claim Form
From 18A: Defendants Benefit/ Claim Form for periodical payments – Form
Form 19: Notice of Pregnancy – Form
Form 20: Certificate of pregnancy – Form
Form 21: Certificate of Expected Confinement – Form
Form 22: Benefit Claim Form
Form 23: Certificate of Confinement or Miscarriage
Form 24: Notice of Taking Up Work – Form
Form 24 A: Maternity Benefit Claim After The Death Of An Insured Woman Leaving Behind The
Child – Form
Form 24 B: Maternity Benefit Death Certificate – Form
Form 25: Claim for Permanent Disablement Benefit – Form
Form 25 A: Funeral Expenses Claim Form
Form 26: Certificate for Permanent Disablement Benefit – Form
Form 27: Declaration and Certificate for Dependants’ Benefit - Form
Form 28: Confirmation of Incapacitation of Employee - Form
Form 28 A: Confirmation of Incapacitation of Employee - Form

Warmest Regards,
Mohan.M.S

"Willingness to walk the extra mile to achieve excellence"

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