Pf Challan Calculation Through E Returns

chiragshah6001
i have question related pf challan
(1)it is possible to pay only worker share for pf in monthly challan through "e return tools"
(2) pf deduction for staff is 20% & worker 12% than how can prepare text file through "e returns tools" for ecr upload
if u have any guideline than suggest me
thanks
Drkumar
Dear chirag,
It is easy, if you generate txt file by e-returns tool than when you feed basic wages than you go direct voluntary share column its near ncp days.
chiragshah6001
but in our establishment :
employee staff deduction 20% employer add 20%
workerdeduction12% employer add 12%
you suggest that add in voluntary share but its only for employee not for employer deduction
nitesh_barman
Employee can contribute above 12% as VPF but Employer not bound to contribute on same VPF %, Employer just contribute on 12%.
Drkumar
what you want actual i unable to understand.PF act and rule same for all we can not change according our own choice, simply if you give 12% of basic like 10,000 basic) 1200(12%) 659 (3.67%) and 541 (8.33%) this is e-return calculation.
chiragshah6001
sorry dear but our establishment all ready have permission to deduct 20% + 20% since 1989
chiragshah6001
(1)it is possible to pay only worker share for pf in monthly challan through "e return tools"?????????
prashant_patil
Dear Chirag Shah,
If you use the third party software like epf management software 4.0 all your problems will be solved. The software can be downloaded from the following website NexTech Software Solutions, Software Development, Website Designing
direct link for software - www.nextechss.com/epf40installer.exe
vaikunth51
The definition of contribution is contribution of an employee is equal to the contribution payable by an employer. Employer can restirct the contributions for the wages Rs.6500/- ie. Rs.780/- (12% of Rs.6500/-) and deduction from employee is Rs.780/- Other option employee can contribute over and above 12% as voluntary contribution and employer will pay 12% for Rs.6500/-. Next option both employee and employer can pay over and above 12% and the employer cannot discriminate the contibutions member to member such as staff and worker since all are employees and rule is same for both
Sharadbarot
Dear chirag
you need to download epfo software from epfo site. Installation manual is also available there
just feed the data n generate theECR file.
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute