Luck Mehta
Human Resources

Question no. 1 regarding PF:
Formula applied in excel sheet for employee contribution of 12% is [email protected]% of 15000/basic?
So should i calculate it as 12% of 15000 even if basic is 20k or 25k?
Q.no.2 regarding Payroll :
Please share the excel sheet in which the formula is already applied on an excel sheet for employee and employer PF contribution as per the current total percentage of employee i.e., 12% and for employer?
Q.no. 3 regarding PF:
After the amendments in the PF Employer contribution in April what is the total percentage on which employer contribution calculation has to be done and if its 13% or 13.16% whats the break up values of EPF, EPS, EDLI and admin charges ..etc. ?

From India, Delhi
1. Yes you can calculate on 20k or 25k, if this is the basic salary for employees. 3. Its 13.61% EPF 4.33% EPS 8.33% EDLI .5% EDLI admin charges 0.01% EPF Admin Charge 1.1
From India, Mohali
This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.






About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2020 Cite.Co™