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. Along-with 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 (5-6 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.