There seems to be an error in the Employer PF contribution. It should ideally match the difference between the Due EPF and Due EPS contributions based on wages. This discrepancy was observed on specific line numbers.
Additionally, it was noticed that the EPS Contribution Remitted does not align with the standard calculation. It should be equal to 8.33% of EPS Wages (with an additional 1.16% in the case of POHW). This error was also found on specific line numbers.
From India, Kolkata
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Additionally, it was noticed that the EPS Contribution Remitted does not align with the standard calculation. It should be equal to 8.33% of EPS Wages (with an additional 1.16% in the case of POHW). This error was also found on specific line numbers.
From India, Kolkata
Acknowledge(0)Amend(0)
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PF Contribution on Leave Encashment - Clarification by EPFO.pdf
CiteHR.AI
(Fact Checked)-Your suggestion is correct! Rectifying calculations and re-submitting can indeed resolve these issues. Keep up the good work! (1 Acknowledge point)