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how to calculate provident fund for employer and employee? how to calculate the pension for the same persons? whats the formula for calculating gratuity?
From India, Pune
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i need to know about the calculations being made in every companies.. as a hr person i should know these conditions and the benefits..
From India, Pune
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how to calculate provident fund for employer and employee? how to calculate the pension for the same persons? whats the formula for calculating gratuity?
From India, Delhi
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Hi All, I attach an excel sheet. I hope it clarifies your doubt.
From India, Madras
Attached Files (Download Requires Membership)
File Type: xls PROVIDENT FUND CALCULATION.xls (16.0 KB, 7462 views)

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Hello,

As per my knowledge, PF is calculated on PF Base Salary (Basic + DA). However, as per your attached sheet, you have calculated it on Basic + DA + Food Concession Value. Can you explain this?

Regards,
BrijLal Arora

From India, New Delhi
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I have attached the definitions of PF Act from Net, The Definition for Contribution inthe sixth point includes Cash Value of Food Concession
From India, Madras
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File Type: zip EPFO.zip (33.2 KB, 1270 views)

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Sir, Like u said there are always controversial opinions on this particular point.. Its debatable..
From India, Madras
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