Hi all
Plz help me in calculating My PF amount that I am going to get in next month, as i am eager to know the same........ The question arised due to some logic which i tried to calculate, but my HR person says it is wrong........ so help me out
My total work in last co. was 4 years
I have submitted two form i.e form 10 C and 19 C, the PF co has released amount for my Form 10 c and the amount counts for Rs. 22,405 ( which is 3.67% of my employer contribution and rest 8.33% is towards PF (i.e out of 12%)
Now I want to know what will be my rest of the amount i.e PF amount
The logic applied by me to know was, which is told wrong is
3.67% of Pension amount is 22,405 which is part of 12% of employer contribution and putting it into ration the rest of 8.67% gives you an amount of Rs 51,851 (on prorata basis)
Now the question/ doubt I am having is if 22,405 (3.67) + 51,851 (8.67)= which is sum of 12%, (employer contribution) and will I get again the sum amount i.e 74256 (12% of employer) + 74256 of 12% which I have contributed i.e Employee contribution or is there any way of calcultion, or else plz tell what will be the amount I will get when as per Form10C amount is 22,405
Plz clear the doubt
Plz help me in calculating My PF amount that I am going to get in next month, as i am eager to know the same........ The question arised due to some logic which i tried to calculate, but my HR person says it is wrong........ so help me out
My total work in last co. was 4 years
I have submitted two form i.e form 10 C and 19 C, the PF co has released amount for my Form 10 c and the amount counts for Rs. 22,405 ( which is 3.67% of my employer contribution and rest 8.33% is towards PF (i.e out of 12%)
Now I want to know what will be my rest of the amount i.e PF amount
The logic applied by me to know was, which is told wrong is
3.67% of Pension amount is 22,405 which is part of 12% of employer contribution and putting it into ration the rest of 8.67% gives you an amount of Rs 51,851 (on prorata basis)
Now the question/ doubt I am having is if 22,405 (3.67) + 51,851 (8.67)= which is sum of 12%, (employer contribution) and will I get again the sum amount i.e 74256 (12% of employer) + 74256 of 12% which I have contributed i.e Employee contribution or is there any way of calcultion, or else plz tell what will be the amount I will get when as per Form10C amount is 22,405
Plz clear the doubt