Hi Seniors
Hi have a doubt regarding Pf details
Is FPF is Same as EPS
Before 16/11/1995, there were 2 terms EPF and FPF. After that FPF change in to EPS.
Is this True?
I am requesting you to please give some time to provide a answer to my Question from your precious time.
From India, Vijayawada
5Hi have a doubt regarding Pf details
Is FPF is Same as EPS
Before 16/11/1995, there were 2 terms EPF and FPF. After that FPF change in to EPS.
Is this True?
I am requesting you to please give some time to provide a answer to my Question from your precious time.
From India, Vijayawada
As per my knowledge here i am giving some details please provide your valuble suggestions whether this information is correct or not
Employer Contribution
Employer PF = 3.67%
EPS(Employee Pension Scheme) Or FPF(Family provident fund) = 8.33%
Admin Charges for PF =1.10%
Admin Charges for EDLI=0.01%
Employee Contribution
PF = 12.00%
GRAND TOTAL [E.R's & E's Contribution] = 25.61%
From India, Vijayawada
Employer Contribution
Employer PF = 3.67%
EPS(Employee Pension Scheme) Or FPF(Family provident fund) = 8.33%
Admin Charges for PF =1.10%
Admin Charges for EDLI=0.01%
Employee Contribution
PF = 12.00%
GRAND TOTAL [E.R's & E's Contribution] = 25.61%
From India, Vijayawada
Hi
Yes both are same.
You missed one more thing.
There is EDLI charges of 0.5%
So calculations are as below
Employer Contribution
Employer PF = 3.67%
EPS(Employee Pension Scheme) Or FPF(Family provident fund) = 8.33%
Admin Charges for PF =1.10%
EDLI Charges = 0.5%
Admin Charges for EDLI=0.01%
Total ER Contribution is 13.61
Employee Contribution
PF = 12.00%
GRAND TOTAL [E.R's & E's Contribution] = 25.61%
From India, Bangalore
Yes both are same.
You missed one more thing.
There is EDLI charges of 0.5%
So calculations are as below
Employer Contribution
Employer PF = 3.67%
EPS(Employee Pension Scheme) Or FPF(Family provident fund) = 8.33%
Admin Charges for PF =1.10%
EDLI Charges = 0.5%
Admin Charges for EDLI=0.01%
Total ER Contribution is 13.61
Employee Contribution
PF = 12.00%
GRAND TOTAL [E.R's & E's Contribution] = 25.61%
From India, Bangalore
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PF Recovery Doubt.xls