In EPF calculations, we have to round off NCP days to whole nos. not a fraction,
i wish to learn whether NCP days has to be rounded off to Lower side or Higher side of fraction as per Govt. Norms.
For Example: 1.5 Days NCP to be rounded off either to "1 Day NCP" or to "2 days NCP."
Please Guide.
From India, Indore
i wish to learn whether NCP days has to be rounded off to Lower side or Higher side of fraction as per Govt. Norms.
For Example: 1.5 Days NCP to be rounded off either to "1 Day NCP" or to "2 days NCP."
Please Guide.
From India, Indore
Dear friends,
1.5 days NCP means, the member has contributed for whole days + 0.5. Here possibility to round is equal for both contributory and non contributory period. In such cases privilege has to be given for employee.
Abbas.P.S
From India, Bangalore
5171.5 days NCP means, the member has contributed for whole days + 0.5. Here possibility to round is equal for both contributory and non contributory period. In such cases privilege has to be given for employee.
Abbas.P.S
From India, Bangalore
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