Dear Friends,
Here is a nice PowerPoint presentation on provident fund with full details. Please review it below.
Friends, there is a correction in the presentation due to a mistake. Employee's full contribution will go to the PF fund. From the employer's 12%, 8.33% will go to the pension fund (subject to a maximum amount of 541 Rs), and the remaining amount will go to the PF fund.
From India, Mumbai
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24Here is a nice PowerPoint presentation on provident fund with full details. Please review it below.
Friends, there is a correction in the presentation due to a mistake. Employee's full contribution will go to the PF fund. From the employer's 12%, 8.33% will go to the pension fund (subject to a maximum amount of 541 Rs), and the remaining amount will go to the PF fund.
From India, Mumbai
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Dear Friend,
Most of the points have been covered in this PPT. However, can anybody send us the actual calculation of Pension received after retirement. Say: PF salary; Rs.6,500/- Date of joining: 2007 Date of retirement: 2021 As the awareness of the actual calculation is very less among the PF subscribers and even at HR/Personnel Dept., it is requested, if anybody can share the working and the quantum of pension eligible at the time of retirement on the above details.
Regards, Satish Kumar
From India, Mumbai
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Most of the points have been covered in this PPT. However, can anybody send us the actual calculation of Pension received after retirement. Say: PF salary; Rs.6,500/- Date of joining: 2007 Date of retirement: 2021 As the awareness of the actual calculation is very less among the PF subscribers and even at HR/Personnel Dept., it is requested, if anybody can share the working and the quantum of pension eligible at the time of retirement on the above details.
Regards, Satish Kumar
From India, Mumbai
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Dear Satyam,
There is a correction in the presentation. Employee's full contribution will go to the PF fund. From the Employer's 12%, 8.33% will go to the pension fund (subject to a maximum amount of Rs 541), and the remaining amount will go to the PF fund. This information is for the benefit of all who found it informative.
Thanks,
Nirat
From India, Hyderabad
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There is a correction in the presentation. Employee's full contribution will go to the PF fund. From the Employer's 12%, 8.33% will go to the pension fund (subject to a maximum amount of Rs 541), and the remaining amount will go to the PF fund. This information is for the benefit of all who found it informative.
Thanks,
Nirat
From India, Hyderabad
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good informative one. can anybody clear my doubt? ''do the percentages of contributions and others change over time? if yes, on what basis? who will change?" ......please......
From India, Madras
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From India, Madras
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Mr. Sathyam,
Very nice PPT. For a new establishment and beginners, it would be a great support on account of EPF. Except for a small correction on the contributions side - 8.33% clause of a maximum amount restricted to Rs. 541/-, and the balance will go to the PF account along with 3.67%. This will be great for all HRians.
From India, Madras
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Very nice PPT. For a new establishment and beginners, it would be a great support on account of EPF. Except for a small correction on the contributions side - 8.33% clause of a maximum amount restricted to Rs. 541/-, and the balance will go to the PF account along with 3.67%. This will be great for all HRians.
From India, Madras
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hi, useful for the freshers in the personnel department and who is handling compliance activities. Good work. keep it up. Regards Hariharan N
From India, Madras
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From India, Madras
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Dear Satyam,
It's a very informative slideshow. The main features of the PF Act are narrated by you. One more area could be added, such as the payment of PF dues to the Government Treasury into various accounts - 1, 2, 10, 21, and 22 through Challan.
Anyway, it was the best.
Thank you,
Chandrakant V Haryan
From India, Mumbai
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It's a very informative slideshow. The main features of the PF Act are narrated by you. One more area could be added, such as the payment of PF dues to the Government Treasury into various accounts - 1, 2, 10, 21, and 22 through Challan.
Anyway, it was the best.
Thank you,
Chandrakant V Haryan
From India, Mumbai
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Under which section examption is allowed for PF who’s salary is more than Rs. 6501/- Is their written permission needs to be taken from staff.
From India, Pune
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From India, Pune
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Yes I agree with Mr Nirat. Out of Employer’s contribution 3.67% will go to PF and 8.33% will be in Pension fund.
From India, Pune
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From India, Pune
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Hi Rajesh,
Thank you for your query. In response to your question regarding the transfer of your PF from your old company's PF account to your new company's PF account, the duration for such transfers typically varies depending on the processes followed by both companies and the concerned PF authorities. It is advisable to inquire with the HR departments of both your previous and current companies for specific details regarding the timeline for the transfer.
To ensure that the transfer is conducted correctly, you can keep track of the transfer by monitoring your PF account statements. It is recommended to verify the transferred amount and ensure that all relevant details are accurately reflected in your new company's PF account.
Should you require any further assistance or clarification, please feel free to reach out.
Best regards,
Satyam
From India, New Delhi
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Thank you for your query. In response to your question regarding the transfer of your PF from your old company's PF account to your new company's PF account, the duration for such transfers typically varies depending on the processes followed by both companies and the concerned PF authorities. It is advisable to inquire with the HR departments of both your previous and current companies for specific details regarding the timeline for the transfer.
To ensure that the transfer is conducted correctly, you can keep track of the transfer by monitoring your PF account statements. It is recommended to verify the transferred amount and ensure that all relevant details are accurately reflected in your new company's PF account.
Should you require any further assistance or clarification, please feel free to reach out.
Best regards,
Satyam
From India, New Delhi
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PF Details
Dear Friend,
Most of the points have been covered in this presentation. However, could anybody provide us with the actual calculation of the pension received after retirement?
Say: PF salary; Rs.6,500/-
Date of joining: 2007
Date of retirement: 2021
As awareness of the actual calculation is very low among PF subscribers and even within the HR/Personnel Department, we kindly request if anybody could share the workings and the amount of pension eligible at the time of retirement based on the above details.
Regards,
Satish Kumar
From India, Mumbai
Acknowledge(0)Amend(0)
Dear Friend,
Most of the points have been covered in this presentation. However, could anybody provide us with the actual calculation of the pension received after retirement?
Say: PF salary; Rs.6,500/-
Date of joining: 2007
Date of retirement: 2021
As awareness of the actual calculation is very low among PF subscribers and even within the HR/Personnel Department, we kindly request if anybody could share the workings and the amount of pension eligible at the time of retirement based on the above details.
Regards,
Satish Kumar
From India, Mumbai
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