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s.laldee
Greeting all
Please provide me solution of my problem. Actually I am confuse that in PF A/c no. 21 amount calculated on pension fund wages or pf wages
The situation arises because currently I m working with a colleague
Who calculate amount of a/c no.21on PF wages which is wrong from my view point please provide your valuable feed back
Thanking you

From India, Delhi
shwetanair.11
74

Percentages are calculated on (Basic Salary + DA)
Employee contribution : (12 %)
Employer Contribution ( 12 % + 1.61 %)
A] 12 % Bifurcation
8.33 % pension fund
3.67 % Provident fund
..............................................
Total 12 %
..................................................
B] 1.61 % Bifurcation
Employees Deposit linked insurance :0.5%
EPF Administrative charges :1.1%
EDLIS Administrative charges : 0.01%.
Account 21: 0.5 % of (Basic+ DA) is paid by the employer towards EDLI Insurance Charges.
Account 22: 0.01 % of (Basic+ DA) is paid by the employer towards EDLI Admin Charges.
Account 2 : 1.1 % % of (Basic+ DA) is paid by the employer towards EPF Charges.
The details of various accounts of PF and detailed info on PF are attached.
Regards/Shweta

From India, Mumbai
Attached Files (Download Requires Membership)
File Type: pdf PF Accounts Details.pdf (15.4 KB, 3033 views)
File Type: pdf PROVIDENT FUND.pdf (67.4 KB, 4900 views)

venkatbeash
1

This is correct upto some part. A/c. no. 21 & 22 will be caliculated on Pensionable wage i.e., max Rs.6,500/- only.
From India, Pondicherry
pradipshinde79@yahoo.in
Respected sir / Madam,
i am working a agriculture based organization since one year . also my p.f.deduction form one year.
my p.f. number is MH /124703/1934.i want to know how to show the detail of my Account ..........Please suggest my.
Thanks & Regards,
Mr.Shinde pradip
Mob:- 9921143531

From India, Pune
NARAYAN UPADHYAY KHANAL
Dear Sir / Ma'm,
Inadvertently two pf account number allotted to our one employee, who is two time joined and two time left , please note that we deposited some amount in his previous account, after his leaving also.
Narayan Upadhyay
8876525452

From India, Bangalore
FastCollab
8

Hi Folks,
This article is nicely written to explain how statutory compliance works; and what are the calculations needed to derive them. Take a look.
4 Statutory Deductions to Consider while running Payroll | FastCollab | Blog
You can further reach out to the team to understand, how online payroll management tool can make your task easier.

From India, Hyderabad
daya-nand-jha
Anyone can tell me the pf challan making sheet in which age of 58 years is fully automatic,
From India, Kolkata
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