How To Caluculate Pf - Pdf Download

Dear Mr.Girish,
I think there is communication gap in this regard.
I feel they might have deducted PF as per statute i.e.12% on basic with ceiling limit of Rs.6500/- and remaining must have been deducted towards VPF. In that case, whatever they have deducted. It would be OK.
Pl. check with your employer immediately.
Regards,
Ramachandra D Joshi
Hospet, Karnataka.

Dear Girish,
First you should give your Basic salary.
If your basic is 8300/-, then
your PF deduction will be @12% on 8300 i.e 996/- (Your contribution)
and PF from employer contribution will be = 455/- (996-541)
and EPS deduction @8.33% on 6500/- = 541/- (from employer)
TOTAL DEDUCTION RS. = 1992/-
Thanks
Kundan Suman

Dear All,
one of our employee had worked 231 days in last year(Jan 1st 2010 to dec 31st 2010), and also he has taken ESI Leave for 10 days is it Necessary to give him Earned Leave (EL) or not ?(I need karnataka factory rules) please clarify
Thanks & regards
Sandeep

Hello girish,
This R.K.MURTHY FROM [Login to view]. I agree with Mr. S.K.SINGH, Sr. Executive - HR - Eastern India.
As explained there is an option for PF deduction on actual basic and Admn. charges are for employer only. Pl. contact your HR Dept.
With regards,
R.K.MURTHY,
Essen & co.,
Visakhapatnam.

Dear sir,
I am nishant kumar mishra warking as accounts Exe. and my
company provied Pf accounts number only not provied Pf slip .if we resignation our post what is prosuder of taking pf .
please clear my doubts.
thanks with regrds
nishant kumar mishra

hi seniors
pls tell me on withdrawing the pf what an emp will get if he don't want to get pension:
either 12% employee share + 12% employer share
or 12% employee share + 3.67% of emplooyer pf contribution as 8.33% goes to pension fund.
thanks
samsheen

Dear Seniors,
As per the current norms PF contribution is 12% or 12.5%?
Regards
Sanghamitra

Dear all plz tell me TDS rate of calculation if ( is there any different rate of TDS on salary based of Company nature then plz tell the rate of all nature of TDS rate for any establishment or company)



Mr. x works in a limited company and he gets CTC 700000 ( Basic -30000, HRA 23500. Conv.-13850, Ch. edu allowaces-5650.

as per my knowledge my calculation is Taxable income=70000*12=840000

No Tax on salary less than 160000 ( age below 65 years)

840000-16000=680000

Tax exemption on Rent 11% - Total HRA received

23500*11%=2585



23500-2585=20915

Conv=13850-800 ( Tax exept 800)=13050

Ch. ed allow. Rs. 200 ( per 2 child -am not sure only a lump sum amount taken for consideration) for 2 child 200*2=400

Edu. allowances 5650



Total monthly salary=basic+ HRA+Conv.

=30000+20915+13050=63965

Annual salary=63965*12=767580

Gross salary is above 500000

so the Tax rate on Total net income =30%

Monthly TDS deduction = 767580*30%/12=15189



Plz confirm me am right or not

I'm highly obliged u if anyone who guide me to understand me the TDS

its very needfull to me

Total PF rate of deduction is 25.61%
Employee share=12%
Employer Share=13.61%
in 13.61%= 8.33% for Family pension fund, 1.1% admin. charges ,.05% edli
and difference of Employee's Share and Pension Fund

Dear Nishant
You have to fill Form 19 & 10C ( 10C is submitted when you have worked above six month in a company) 2 month later after the date of resignation
theie is no issue of PF slips ( PF slips only for confirmation of ur PF account and amount . That is only in employee.s case ) and if ur company is not submitted the Annual Return then plz attached Form 3A ( attested copy by the company)