hr_pr
dear allkindly consider to elaborate on the following matteremployee basic: 6600/-DA : not applicableperiod of tenure : 1 yearwhat would be the calculation method used ?what would the total amount pertain to?respect & regards
From India, Ahmadabad
abbasiti
517

Regarding PF interest calculation, it is monthly compounding and round to nearest rupee. However I shall insert an Excel Sheet in this regard for a monthly salary of Rs. 6600/-
Accordingly after the 12th month remittance, accumulated contribution of emloyee in EPF is Rs. 9883/- & employer is Rs. 3132/- .
ABBAS.P.S, ITI LTD, PALAKKAD -678 623
Ph. +91 9447 467 667

From India, Bangalore
Attached Files (Download Requires Membership)
File Type: xls EPF Statement.xls (15.5 KB, 122 views)

Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.