Dear Seniors,
Need your valuable guidance regarding the following:
PF is deposited against the PF no. of an employee but what about ESI is it deposited in the same PF no.
of the employee or it has some other identification no. of the employee.
Regards
Piyush Pandia
From India, Bhubaneswar
Need your valuable guidance regarding the following:
PF is deposited against the PF no. of an employee but what about ESI is it deposited in the same PF no.
of the employee or it has some other identification no. of the employee.
Regards
Piyush Pandia
From India, Bhubaneswar
Dear Piyush Panda
One thing you must understand. In A/c No.1 12%directly calculate whereas in A/c No.10(FPF) restricted to 6500/- For example your basic is 7000; 12% directly calculate i-e 840: For PENSION A/C Rs.541only. er pf a/c Rs.840-Rs.541(Rs.299 in /ac No.1)
Regards
v.subbarao
From India, Madras
38One thing you must understand. In A/c No.1 12%directly calculate whereas in A/c No.10(FPF) restricted to 6500/- For example your basic is 7000; 12% directly calculate i-e 840: For PENSION A/C Rs.541only. er pf a/c Rs.840-Rs.541(Rs.299 in /ac No.1)
Regards
v.subbarao
From India, Madras
1. If basic exceeds 6500/- & you are not the member of the Pf current employer will take under taking in form 11 that you are not the member of PF or you have withdrawn you amount in that case you can be excluded from Pf but if your PF you a member of PF in your previews organization & you have not withdrawn your pf in that case your Pf will be deducted .
2. If the Basic Exceeds from 6500/- pension fund will be deducted on 6500/- only i.e will 541/- maximum
From United States, Chicago
2. If the Basic Exceeds from 6500/- pension fund will be deducted on 6500/- only i.e will 541/- maximum
From United States, Chicago
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