Dear All, I want some clarification on PF challan calculation. In our company, there are two employees who are getting 30,000 and 24,000 as basic salary, respectively, and PF on actual basic i.e., 3,600 and 2,880. In this case, how can I calculate a/c 21 and a/c 22?
With regards,
Neeraj Sharma
From India, Shimla
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1With regards,
Neeraj Sharma
From India, Shimla
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for a/c 10 for Pension fund, 21 EDLI and 22 EDLI admin charges, 6500/- is limit This 6500 is limit for all PF account holders in EPF Act.
From India, Poona
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From India, Poona
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Also we may exempt a/c 21 if employee is covered with other life insurance policy........seniors requesting please correct if I am wrong.... Thanks & Regards Abhay Kishore
From India, Delhi
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From India, Delhi
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Respected sir, I would like to confirm whether, if an unskilled worker has a basic salary of Rs. 6906, his one-day salary is calculated as 6906 x 1/26 = 266.
My query is: What are the EPF wages for PF deduction? Is it 266 or 250 (calculated as 6500 x 1/26 = 250)?
From India, Ludhiana
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My query is: What are the EPF wages for PF deduction? Is it 266 or 250 (calculated as 6500 x 1/26 = 250)?
From India, Ludhiana
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