HR [Thread 138167]

Hi Vijaya,
In your organisation how many employees are working.For example you take it as 50.You will be deducting PF for each and every employees.It will be like 12% from the Basic&DA.
For Example Vijaya
your basic is 5000,and your DA is 1500 all together it will be 6500.From 6500 you will be paying your PF Contribution.That will be like 6500*12%=780.
Like this you will be calculating for each and every employee.That means for 50 employees. Take it as example all 50 employees contributing the same 6500 as basic & DA.
you will get 3,25,000 as sum of total amount.It is Total wages due.
Total wages due is 3,25,000/-
Total No.of Subscribers-50/-
From 3,25,000 you have contribute 12% towards PF account.that means you will be paying 39000/-
I think your doubts has been cleared.
If you have any other doubts please dont hesitate to call me.
Warmest Regards,
Mohan.M.S
91+98846-39526

Dear Vijay,
Ac No. 1 its employee 12% + Employer3.67%
ac no. 2 its employer 1.10% (Admin Charges)
ac no. 10 its employer 8.33%
ac no. 21 its employer 0.50% (EDLI Charges)
ac no. 22 its employer 0.01% (Inspection Charges)
if you need more clarification please mail your question at
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Nitin Kumar
New Delhi
9711313149/ 09958146881

Dear Vijay,
Ac No. 1 Employee 12% (on BA+DA + Employer 3.67%)
Ac No. 2 Employer contribution towards Adminsitrative Charges
Ac No. 10 Pension Fund (ceiling limit to BA+DA 6500= Rs.541 is the maximum to
pension) if the employees draws 10000 BA+DA 541 pension Fund and remaianing amount i.e, Rs.659 to Provident Fund(
Ac No. 21 Employees Deposit linked Insurance (i.e, 0.5% BA+DA on Rs.6500 to be considered)
Ac no. 22 Inspection Charges (0.01% on Rs.6500 BA+DA to be considered)
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Y.M.Jaya Kumar Raju
Mobile: +91 9972567977
Bangalore

hi vijaya
Total percentage of the EPF if 25.61 %
employee contribution is 12%
employer contribution is 12%
other ie admin charge, EDLI charge....
A/c no:1 = employee contribution 12% & 3.67% employer contribution
A/c no:2 = 1.1% admincharge
A/c 10:employer contribution for pension fund 8.33%
A/c 21: 0.5 % for edli charge
A/c 22: 0.01% for admin charge for edli
i think it may useful to u.
bye !
N.Madhu:icon1:

Dear Vijaya,
1). if ur company is having 30 employees, but u r paying pf only 20 members (assume), then total wages will be 20 members BASIC + DA
2). E.P.F.A/c No.01 - 12% Employee Contribution
E.P.F.A/c No.01 - 3.67% Employer Contribution
Pention Funds A/c No. 10 - 8.33% Employer Contribution
Admin Charges A/c No.2 - 1.1 % Employer Contribution (for A/c No. 1 both employee and employter contribution)
EDLIC A/c No. 21 - 0.50 % Employer Contribution
Admin Chargtes A/c No. 22 - 0.01% Employer Contrubution (for A/c No. 21)
Regards
VIJAYA BHASKAR
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