Dear All,
I have an Export house where a damages case of EPF has been lodged against my company. I appeared in the case on time but continually extended the deposit date. Now, I want to close this case without paying the damages amount or see if the amount can be reduced. Please guide me in detail or call me at 7503933315 if you need more information.
Thank you.
From India, Delhi
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2I have an Export house where a damages case of EPF has been lodged against my company. I appeared in the case on time but continually extended the deposit date. Now, I want to close this case without paying the damages amount or see if the amount can be reduced. Please guide me in detail or call me at 7503933315 if you need more information.
Thank you.
From India, Delhi
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Dear All,
Kindly assist me with the following issue. As per the new notification of ESIC, whoever's gross salary is up to 21,000/- is covered under this scheme. How can new eligible employees (earning >15k & <21k) benefit from this? Are they eligible from the first day when the new notification is in practice, or is there a waiting period?
Please suggest.
Thanks,
T. Shukla
From India, Delhi
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Kindly assist me with the following issue. As per the new notification of ESIC, whoever's gross salary is up to 21,000/- is covered under this scheme. How can new eligible employees (earning >15k & <21k) benefit from this? Are they eligible from the first day when the new notification is in practice, or is there a waiting period?
Please suggest.
Thanks,
T. Shukla
From India, Delhi
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Dear Members, I am looking for rate slab for PF Interest and damage charges prevailing and also prior to september 2008. It is more useful, if there is any notification copy. Request for help.
From India, Bangalore
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From India, Bangalore
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EPF Penal Damages A/c No.1 Contributions , has to be added employer and employee contribution or only employee contribution. Pls guide me.
From India, Chennai
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From India, Chennai
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Dear All , Need some info.One of our client has EPF and ESI howto file nill return
From India, Visakhapatnam
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From India, Visakhapatnam
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How to calculate epf & esi contributions pleasetellme
From India, Visakhapatnam
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From India, Visakhapatnam
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I have a small confusion about damage calculation in the EPF Act. Please check the following and let me know which one is the correct method for 190 days.
Method I: If the contribution for a month is Rs. 20,000/-
20000 x 25% / 365 x 190 = 2603.00
=======
Method 2:
20000 x 5% / 365 x 60 days = 164.00
20000 x 10% / 365 x 60 days = 329.00
20000 x 15% / 365 x 60 days = 493.00
20000 x 25% / 365 x 10 days = 137.00
-----------
total 1123.00
======
Could someone please clarify?
Regards,
A. Karthikeyan
From India, undefined
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Method I: If the contribution for a month is Rs. 20,000/-
20000 x 25% / 365 x 190 = 2603.00
=======
Method 2:
20000 x 5% / 365 x 60 days = 164.00
20000 x 10% / 365 x 60 days = 329.00
20000 x 15% / 365 x 60 days = 493.00
20000 x 25% / 365 x 10 days = 137.00
-----------
total 1123.00
======
Could someone please clarify?
Regards,
A. Karthikeyan
From India, undefined
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To Mr. KPMS,
I am unable to understand the Excel file regarding the calculation of damages under Sec 14b. I would be grateful if you could clarify the factor that is multiplied, i.e., 25.605%, and why the factor is being deducted or added.
Regards,
Chandrani
From India, Kolkata
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I am unable to understand the Excel file regarding the calculation of damages under Sec 14b. I would be grateful if you could clarify the factor that is multiplied, i.e., 25.605%, and why the factor is being deducted or added.
Regards,
Chandrani
From India, Kolkata
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(Fact Checked)-The user reply needs more details for a comprehensive answer. Calculation includes basic salary, DA, HRA, special allowance. Please refer to EPF & ESI guidelines for accurate calculation. Thank you for your question! (1 Acknowledge point)