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One of our client is asking us to deposit less pf - is clients calculation acceptable?
Dear all need your help in resolving below mentioned query of pf contribution: suppose gross salary:30000/pm pf maximum ceiling:15000 rate of pf contribution:1800 in particular month paid days:10 days pf contribution:30000/301012/1001200 one of our client is asking us to deposit pf of rs. 600/ only his calculation is 1800 for 30 days so 600 for 10 days is clients calculation acceptable as per pf act??? thanks in advance.
Re: pf calculation
Good evening seniors kindly guide me in calculation of pf. should we take special allowance and food all. consideration for pf calculation if his salary break up is : basic 4000 medical 1250 conveyance 800 cca 600 food allowance 500 special all. 850 his pf contribution is rs. 4000x12 480/ or 5350x12642/ which one is correct. i have heard that mp has declared we need to take spl. all also for pf calculation now on words is it true? thanks & regards sheela
Pf contribution
Sir in my pf account amounting rs. 450068.00 my contribution is rs. 337946.00 where as company contribution is rs. 112121.00 is it in accordence with pf calculation formula and i wish to know the exact deduction from the salary and employers contribution .
Payment of pf & fpf contribution for foreign directors
The new amendment to the pf & fpf act madates payment of pf & fpf contribution for foreign nationals working in india. my question is whether pf & fpf had to be paid for foreign nationals who are directors of the company and draw remuneration in india. if the same foreign national is a director in more than one indian company and draws remuneration from all the comapnies should all the companies in which he is a director deduct & pay pf & fpf for that person.
Confuse about esi and pf calculation of working days
I am confuse about esi and pf calculation of working days. when we do calculation for esi and pfwhich days are taken for doing calculation? i mean suppose that a month has 31 days and in that there are 4 sundays. shall we deductexclude that 4 holidays of sundays out of that 31 days?do we calculate salary for that working27 days for doing calculation of esi and pf contribution? or will we take all 31 days as working days for esi and pf calculation? please reply soon its very urgent. regards lokesh sharma
Maternity benefit - calculation
Dear all can anyone help me with the calculation of maternity benefit for an employee who draws a gross earning of rs.8949/ p.m. regards vinodini