Bijay_majumdar
Freelancer In Hr &indirect Taxes For

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Please find attached the EPF calculation sheet. In the given sheet, I have shown EPF and EPS Diff remitted as Rs. 911 but as I read on internet it is to be calculated as 15000*3.67% i.e Rs. 550. My query is whether Rs. 911 is correct. Can the employer show EPF wages more than 15000 i.e. 18000.
If not, can we now revise ECR file to show EPF wages equal to 15000 and reduce the EPF and EPS Diff remitted to Rs. 550. And if yes, what will happen to the excess amount deposited.

From India, Noida

Attached Images
File Type: jpg ecr.JPG (37.6 KB, 31 views)
Attached Files
File Type: xls ecr sheet.xls (26.5 KB, 85 views)

Sharing the circular about epf contribution in various situations.pls share your reply.
From India, Vadodara

Attached Files
File Type: pdf ContributionRate.pdf (493.0 KB, 54 views)

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