Korgaonkar K A
Ba,llb,mpm,dir&pm,dll&lw,d.cyber
Loginmiraclelogistics
Asso.prof.(commerce & Management) Pg
Aravind HRM
Hr Executuve
+1 Other

Executives, I working in small concern as HR executive in tirupur. We are provide weekly wage for workers. anybody can explain the monthly PF calculation method for weekly wages.
5th September 2014 From India, Coimbatore
Whether you pay wages monthly or daily or weekly .deduct 12% of the wages paid.If weekly wages payable/paid if converted into monthly is more than Rs 15000/-then he can be exempted subject to other conditions.
Varghese Mathew
09961266966
5th September 2014 From India, Thiruvananthapuram
Dear Aravind HRM,
You have weekly wage system and you want to know how to calculate PF contribution monthly.
Answer is very simple.
You need to add the wages and contribution of all the weeks in a month and make a monthly statement of wages and contribution. On the basis of this monthly statement, upload the ECR.
5th September 2014 From India, Mumbai
Dear friends,
You may go thru' these links & attachments for further clarifications on 'what is wages' for EPF purposes.
One is our learned member Madhu T.K. and other a compilation from sources:
Madhu.T.K: STATUTORY MINIMUM WAGES AND EMPLOYERS’ LIABILITY IN RESPECT OF PF, BONUS AND GRATUITY
And 'Due date' for payment of EPF Contribution w.r.t. daily/weekly rated wages.
7th September 2014 From India, Bangalore

Attached Files
Membership is required for download. Create An Account First
File Type: pdf Wages-definition-EPFO.pdf (21.3 KB, 474 views)
File Type: docx Basic wages & allw.-Madras High Court ruling on the applicability of Provident Fund.docx (43.1 KB, 257 views)
File Type: doc PF-WAGES-DEFINE.doc (37.0 KB, 205 views)
File Type: docx Due Date for payment of Employee Provident Fund.docx (15.1 KB, 166 views)

#Anonymous
Epfo org how to calculate for edli in employees ( that is i am want die to person above 15,000 or below 15,000) how much amount get for family side
20th March 2017 From India, Tiruppur
Dear Vignesh,
Your spelling mistakes frighten us. Let me understand your query itself. You want to know how much is the EDLI contribution, what is limit to join and what/how much is the benefit to family. Am I right ?
21st March 2017 From India, Bangalore
Add Reply Start A New Discussion

Cite.Co - is a repository of information created by your industry peers and experienced seniors. Register Here and help by adding your inputs to this topic/query page.
Prime Sponsor: TALENTEDGE - Certification Courses for career growth from top institutes like IIM / XLRI direct to device (online digital learning)





About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2019 Cite.Co™