Hi, sir, An employee has joined the company on 07.07.2023, and the PF account is already registered with the date of joining as 07.07.2023. For this month, how should we deduct the employee's PF amount and deposit it into the EPF account? What is the procedure for calculating the PF amount for two months, sir?
Thank you.
From India, Bengaluru
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Thank you.
From India, Bengaluru
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Since you have not deducted PF for July and August, there is still time to deposit both the contributions (employee and employer share) by the next due date (15th Sept) and submit the return showing the addition of the employee. You can decide on recovering the employee contribution from the future salary of the employee.
From India, Mumbai
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1593From India, Mumbai
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Steps to transfer PF amount.jpg
PF Amount Balance Check.xls
Employees' PF Appellate Tribunal Procedure Rules 1997.pdf