Krithishanky
Am Still A Learner Of Everything
BrIjLAl Arora
Allrounder
+2 Others

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how to calculate provident fund for employer and employee? how to calculate the pension for the same persons? whats the formula for calculating gratuity?
i need to know about the calculations being made in every companies.. as a hr person i should know these conditions and the benefits..
how to calculate provident fund for employer and employee? how to calculate the pension for the same persons? whats the formula for calculating gratuity?
Hi All, I attach an excel sheet. I hope it clarifies your doubt.

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File Type: xls PROVIDENT FUND CALCULATION.xls (16.0 KB, 7325 views)

Hello,
Asper my knowledge PF is calculated on PF Base Salary (Basic + DA), But as per ur attach sheet u have calculated on Basic + DA + Food Concession Value.
Can U Explain this.
Regars,
BrijLal Arora

I have attached the definitions of PF Act from Net, The Definition for Contribution inthe sixth point includes Cash Value of Food Concession

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File Type: zip EPFO.zip (33.2 KB, 1229 views)

Sir, Like u said there are always controversial opinions on this particular point.. Its debatable..
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