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Interest on provident fund - calculation.
Dear seniors 1 how interest on provident fund calculated. 2 while withdrawal of pf after resignation/termination before 55 years of service does the employee get the employers share of pension scheme provident fund and how it is compiled? 3 are there different procedures of calculation of interest to pension fund provident fund and waiting for your kind reply. regards shreekanth.p.r
Provident fund not claimed
Subject: provident fund not claim post: provident fund can be claimed at any time after two months from resigning and before the expiry of 36 months or 3yrs..to process your pf it wil take a maximum period of 6 months. the government will give you interest 8 on the total amount of your provident fund..
Provident fund contribution inr 780
Please provide legal reference to confirm provident fund contribution maximum of in 780 i.e.12 on basic ceiling of inr6500. provident fund official website link where this point is clarified.
Monthly interest calculation on provident fund
My institution has around 90 branches in the state. the provident fund system is centralized at head office meaning thereby provident fund deducted on salaries of employees working in branches is remitted through debit notes at head office where the same is accummulated in their accounts. alongwith the above pf accounting for head office employees is also done. monthly salary of employees working in head office is paid by 25th of the month 56 days in advance whereas for branches it is variable i.e. by 7th of next month. the provident fund amount of all the employees head office & branches is transferred in their respective accounts by 15th of next month by posting of voucher. now my question is under employees provident fund act 1952 how is pf interest to be calculated on the monthly running balance whether interest for the current month voucher posting month is to considered or preceeding month salary month ? kindly explain with some example.
Provident fund
What is meant by provident fund? how to calculate the provident fund in a company? who are all eligible for provident fund? what are the forms used for providend fund?
Expat provident fund & epfo contact
Hi good day to everyone i am in payroll and i need to clarify some issues regarding expat provident fund. can anyone enlighten me regarding any ceiling for expat pf contribution? this is fairly new to me and i am not aware if there is any ceiling contribution all i know is the 12 of basic wages applies. also i would appreciate it if anyone can provide me with contact numbers of epfo so i may contact them for future reference. i have been reading through the posts here in citehr and i find most posts helpful. please please help me with this inquiry. many thanks __