Hi Amresh,
My name is Amresh. Please tell me how to calculate PF and gratuity. Also, could you send me an Excel sheet with an example? I would also appreciate it if you could let me know if there is a difference between employees' and employers' contributions towards the fund.
Thanks and regards,
Amresh Kumar Vishwakarma
My ID: amresh_vishwakarma@yahoo.co.in
From India, Delhi
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My name is Amresh. Please tell me how to calculate PF and gratuity. Also, could you send me an Excel sheet with an example? I would also appreciate it if you could let me know if there is a difference between employees' and employers' contributions towards the fund.
Thanks and regards,
Amresh Kumar Vishwakarma
My ID: amresh_vishwakarma@yahoo.co.in
From India, Delhi
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Dear Amresh,
Take a little pain and search the same on this site; you will find thousands of discussions on this topic. PF is deducted at 12% of the basic employee share, which is the same as the employer's share.
Regarding gratuity, the calculation is as follows: Basic/26 * 15 * number of years of service.
Thank you.
J S Malik
From India, Delhi
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174Take a little pain and search the same on this site; you will find thousands of discussions on this topic. PF is deducted at 12% of the basic employee share, which is the same as the employer's share.
Regarding gratuity, the calculation is as follows: Basic/26 * 15 * number of years of service.
Thank you.
J S Malik
From India, Delhi
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Gratuity calculation.doc
PF CHALLAN & CALCULATION SHEET.xls