Confused About RPFC's PF Interest Calculations? Let's Solve This Mystery Together

Dear Friends,

I'm new to this forum and have a query: How does RPFC calculate the PF of an employee? I am aware that 12% (Employee + Employer) of the basic salary goes to RPFC. The ROI is 8.5% annually. Specifically, 8.33% of the employer's contribution goes to PF, and 3.67% goes to FPF/EPF.

How does RPFC calculate the interest on the amount deposited by the employer on behalf of the employee? I have noticed that, no matter how you calculate it, the results never match with RPFC's calculations. I hope there are knowledgeable people in this forum who can help me solve this mystery.

You can reach me personally via email at aashisharma@gmail.com.

Thanks,

Aashish Sharma

Employees' Provident Fund and Miscellaneous Act, 1952

The calculation of Provident Fund (PF) consists of two parts:
- Employee's Part: This is deducted from the salary based on Basic Wages + Dearness Allowance at a rate of 12%.
- Employer's Part of PF is divided into two components: 3.67% for Pension Fund (PF) and 8.33% for Employees' Provident Fund (EPF), along with 0.5% for Employees' Deposit Linked Insurance (EDLI).
- Additionally, there are Administrative Charges of 1.10% and Inspection Charges of 0.01%.

All the PF deductions should be deposited in the bank through a challan.

If you require further information on PF, please feel free to ask.

Thank you,
Hitesh Brahmbhatt

Dear Friends,

My name is Rakesh Kumar Sharma, and my P.F. No. is DL 21399/546. I was a Junior Consultant at MARKETEC INE, New Delhi from July 2005 to January 2008. I had resigned from MARKETEC INE more than one year ago. Now, I have transferred my PF to my new company. I need to fill out FORM NO-13, but my company is requesting the correct address of the "RPFC where your PF account was maintained by your previous employer." Unfortunately, my previous employer is not responding properly. I only need to know the correct RPFC address.

My previous employer is registered at F-117-118, Main Bazar, Laxmi Nagar, New Delhi-110092. I confirmed this address with the office. The office has confirmed that your employer's PF address is maintained by Marketec Inc, 199-D Pocket C, Siddarth Extension, South Extension, New Delhi 110014. How can I determine which one is the correct RPFC address so I can complete my Form 13? My contact number is 09300292178.

Please help.

Thanks

Dear Friends,
My name is Rakesh Kumar Sharma & My P.F No. is DL 21399/546. I was an Junior Consultant MARKETEC INE, New Delhi from July-2005 to jan-2008. I had resigned from MARKETEC INE more than one year. Now i have transfer my PF to my new copmany. so that i fill FORM NO-13 but my company ask correct address of “RPFC where in your PF account was maintained by your previous employer” .but my previous employers not proper responding. I have to know only my RPFC Correct address.
previous employer is registerd in F-117-118, Main Bazar, Laxmi Nagar, New Delhi-110092I confirmed from this office.And office has again confired me your emplyer pf address is maintain by
Marketec Inc
199-D pocket C
Siddarth Extension
South extension
New Delhi 110014
So how can i know which one is RPFC Correct address.
so that i can fill in my Form13. My contact no is .09300292178.
Pls help us.
Thanks

Sanjeev Kwatra,

How to calculate the PF employer contribution of INTEREST. Please let me help with this.

Regards,
Jagabalan.