Pf Calculation - Doc Download

Dear All,
Recently i was going through my PF Slip in which i found that the admin charges of 1.61% is not been added but the same has been deducted every month in my salary. So at the time of withdrawing the PF will i not get 1.61% along with 24% i.e. 12% Emplr & 12% Employee.
And also please send me the format of calculating the PF and interest. Since there is no DA calculated in our company so it will be useful for me to know the amount as to how it is calculated.
Awaiting a positive reply from your end.
Regards,
Sapna

Dear Spana,
I am wondering that why your company is deducting Administration charges from your salary. Companies has to pay the Administration charges, may be your coming is doing the same. Any way check with your Finance /H.R Dept about the same.
I am conforming you that P.F administration charges will not appear in Payslips and it is not a Income of employee, it a administrative cost to the company. you can see only the Provident Fund amount that is Employee (12% ) + Employer ( 3.67% ) total 15.67 % in your payslip out of 24%. Balance of 8.33 % goes to FPF amount and this will not appear in Payslip, it will be paid at that time of retirement.
Note that P.F Interest differs from Year to year, it is depends on Government decision .Currently P.F dept. is giving 8.5 % Interest on Provident Fund amount.

Hi dear, you are eligible of adm charges also i.e 1.60%.......
Pf calculation will be done in this way
basic+da=6500 below pf shold be deducted compulsary(or)Basic less than 6500 also da same.
whn you withdraw your pf u vill b getting12%+12%+1.60%.
Thanking you,
Priyanka.

Dear
When you withdraw your pf from EPF department you will get only 12% of employee share and 3.67% and 8.33% of employer share. If you complete less than 6 month of continous service you did not get 8.33% of employer share.
Vipul Johri

Dear Sapna,
The Admin charges has to be paid by the company and not by the employee...
And the point by Mr.telikepalli is right. Admin charges are not the income of employee..
Rgds,
Stalin.P

dear sir
The charges 1.61% is the govt. inspection charges. and these charge are not the income of employee .these charges are the share of employer and these charge you will not at the time of pf withdrawal
only you will got 12% of employee share+ 12% employer share + interest
regards
R.D.Sharma

Pls solve my problem. I am in BSNL my EPF from my side is 2754( 12% of my present basic 16900). its only 1 year 8 months in BSNl. I wish to leave BSNL so on leaving how much amount will i get from EPF. As per our account section from employer's contribution 3.67% is added in my EPF account and rest 8.__% is added to pension scheme which i can take benefit only after 10 years of service. can i continue my EPF account after leaving job. If my new employers doesnot contribute then can I contribute from both side to maintain my EPF account.
In other words how can i get complete amount( mine and employers) from EPF office.
27-4-2009 to 1-01-2009 EPF 2576/-( employees)
onwards jan 2009 to till date- EPF 2754/-( employees)

hello friends, this is santhosh, please give me the complete notes of pay roll and how to calliculate the pf and etc

In the pf slip you will find only 12%+3.67% and rate of intrest also not 8.33% (eps) and as far as administrative charges is concern it is the liablity of employers not of emloyees.
thanks & regards,
from,
sumit kumar saxena,
+91-9899669071, 0120-4131277

Administratin charges of 1.61% need to be paid by company and it should not deduct from the employee's salary. YOu can take up the issue with your HR/Finance department.