Hi Vijaya,
In your organisation how many employees are working.For example you take it as 50.You will be deducting PF for each and every employees.It will be like 12% from the Basic&DA.
For Example Vijaya
your basic is 5000,and your DA is 1500 all together it will be 6500.From 6500 you will be paying your PF Contribution.That will be like 6500*12%=780.
Like this you will be calculating for each and every employee.That means for 50 employees. Take it as example all 50 employees contributing the same 6500 as basic & DA.
you will get 3,25,000 as sum of total amount.It is Total wages due.
Total wages due is 3,25,000/-
Total No.of Subscribers-50/-
From 3,25,000 you have contribute 12% towards PF account.that means you will be paying 39000/-
I think your doubts has been cleared.
If you have any other doubts please dont hesitate to call me.
Warmest Regards,
Mohan.M.S
91+98846-39526
From India, Madras
28In your organisation how many employees are working.For example you take it as 50.You will be deducting PF for each and every employees.It will be like 12% from the Basic&DA.
For Example Vijaya
your basic is 5000,and your DA is 1500 all together it will be 6500.From 6500 you will be paying your PF Contribution.That will be like 6500*12%=780.
Like this you will be calculating for each and every employee.That means for 50 employees. Take it as example all 50 employees contributing the same 6500 as basic & DA.
you will get 3,25,000 as sum of total amount.It is Total wages due.
Total wages due is 3,25,000/-
Total No.of Subscribers-50/-
From 3,25,000 you have contribute 12% towards PF account.that means you will be paying 39000/-
I think your doubts has been cleared.
If you have any other doubts please dont hesitate to call me.
Warmest Regards,
Mohan.M.S
91+98846-39526
From India, Madras
Dear Vijay,
Ac No. 1 its employee 12% + Employer3.67%
ac no. 2 its employer 1.10% (Admin Charges)
ac no. 10 its employer 8.33%
ac no. 21 its employer 0.50% (EDLI Charges)
ac no. 22 its employer 0.01% (Inspection Charges)
if you need more clarification please mail your question at
Nitin Kumar
New Delhi
9711313149/ 09958146881
From India, Delhi
Ac No. 1 its employee 12% + Employer3.67%
ac no. 2 its employer 1.10% (Admin Charges)
ac no. 10 its employer 8.33%
ac no. 21 its employer 0.50% (EDLI Charges)
ac no. 22 its employer 0.01% (Inspection Charges)
if you need more clarification please mail your question at
Nitin Kumar
New Delhi
9711313149/ 09958146881
From India, Delhi
Dear Vijay,
Ac No. 1 Employee 12% (on BA+DA + Employer 3.67%)
Ac No. 2 Employer contribution towards Adminsitrative Charges
Ac No. 10 Pension Fund (ceiling limit to BA+DA 6500= Rs.541 is the maximum to
pension) if the employees draws 10000 BA+DA 541 pension Fund and remaianing amount i.e, Rs.659 to Provident Fund(
Ac No. 21 Employees Deposit linked Insurance (i.e, 0.5% BA+DA on Rs.6500 to be considered)
Ac no. 22 Inspection Charges (0.01% on Rs.6500 BA+DA to be considered)
Y.M.Jaya Kumar Raju
Mobile: +91 9972567977
Bangalore
From India, New Delhi
Ac No. 1 Employee 12% (on BA+DA + Employer 3.67%)
Ac No. 2 Employer contribution towards Adminsitrative Charges
Ac No. 10 Pension Fund (ceiling limit to BA+DA 6500= Rs.541 is the maximum to
pension) if the employees draws 10000 BA+DA 541 pension Fund and remaianing amount i.e, Rs.659 to Provident Fund(
Ac No. 21 Employees Deposit linked Insurance (i.e, 0.5% BA+DA on Rs.6500 to be considered)
Ac no. 22 Inspection Charges (0.01% on Rs.6500 BA+DA to be considered)
Y.M.Jaya Kumar Raju
Mobile: +91 9972567977
Bangalore
From India, New Delhi
hi vijaya
Total percentage of the EPF if 25.61 %
employee contribution is 12%
employer contribution is 12%
other ie admin charge, EDLI charge....
A/c no:1 = employee contribution 12% & 3.67% employer contribution
A/c no:2 = 1.1% admincharge
A/c 10:employer contribution for pension fund 8.33%
A/c 21: 0.5 % for edli charge
A/c 22: 0.01% for admin charge for edli
i think it may useful to u.
bye !
N.Madhu:icon1:
From India, New Delhi
Total percentage of the EPF if 25.61 %
employee contribution is 12%
employer contribution is 12%
other ie admin charge, EDLI charge....
A/c no:1 = employee contribution 12% & 3.67% employer contribution
A/c no:2 = 1.1% admincharge
A/c 10:employer contribution for pension fund 8.33%
A/c 21: 0.5 % for edli charge
A/c 22: 0.01% for admin charge for edli
i think it may useful to u.
bye !
N.Madhu:icon1:
From India, New Delhi
Dear Vijaya,
1). if ur company is having 30 employees, but u r paying pf only 20 members (assume), then total wages will be 20 members BASIC + DA
2). E.P.F.A/c No.01 - 12% Employee Contribution
E.P.F.A/c No.01 - 3.67% Employer Contribution
Pention Funds A/c No. 10 - 8.33% Employer Contribution
Admin Charges A/c No.2 - 1.1 % Employer Contribution (for A/c No. 1 both employee and employter contribution)
EDLIC A/c No. 21 - 0.50 % Employer Contribution
Admin Chargtes A/c No. 22 - 0.01% Employer Contrubution (for A/c No. 21)
Regards
VIJAYA BHASKAR
From India, Hyderabad
1). if ur company is having 30 employees, but u r paying pf only 20 members (assume), then total wages will be 20 members BASIC + DA
2). E.P.F.A/c No.01 - 12% Employee Contribution
E.P.F.A/c No.01 - 3.67% Employer Contribution
Pention Funds A/c No. 10 - 8.33% Employer Contribution
Admin Charges A/c No.2 - 1.1 % Employer Contribution (for A/c No. 1 both employee and employter contribution)
EDLIC A/c No. 21 - 0.50 % Employer Contribution
Admin Chargtes A/c No. 22 - 0.01% Employer Contrubution (for A/c No. 21)
Regards
VIJAYA BHASKAR
From India, Hyderabad
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