Hi friends,
we all get a little confused with PF . here are some questions n answers..
actually this the PF act in form of ques n ans ...
Along with that I am attaching different forms of PF
Regards
Divya
From India, Bangalore
12we all get a little confused with PF . here are some questions n answers..
actually this the PF act in form of ques n ans ...
Along with that I am attaching different forms of PF
Regards
Divya
From India, Bangalore
Good. Very informative. You may add one more question 'PF deduction is required for leave encashment?'.
From India, Hyderabad
From India, Hyderabad
good one
two coorections are required-
1. deduction is on basic wages and DA not on basic only. moreover definition of basic wages is provided in the EPF AND MP ACT which need to be followed.
2. pension contribution is migrated as 8.33% from employer share of contribution not employee share.
dear all EPFO has its website EPFO which has all requisite informations.
From India, Delhi
two coorections are required-
1. deduction is on basic wages and DA not on basic only. moreover definition of basic wages is provided in the EPF AND MP ACT which need to be followed.
2. pension contribution is migrated as 8.33% from employer share of contribution not employee share.
dear all EPFO has its website EPFO which has all requisite informations.
From India, Delhi
hi friends,
thank you all,
I have made a mistake in one slide that is of contribution plz correct it....
its like 12% on employee PF account
in employer contribution
13.61 this is divided-
12%of basic paid towards employer PF contri goes in 2 part
a) 8.33% to employer pension a/c
b) 3.67% to employer pf contri a/c
1.61% towards admin charges as under
a) 1.1% of basic to PF admin charges
b) 0.5% to EDLI charges
c) 0.01 to EDLI admin charges
please correct me if some where else also i m wrong
Regards
Divya
From India, Bangalore
thank you all,
I have made a mistake in one slide that is of contribution plz correct it....
its like 12% on employee PF account
in employer contribution
13.61 this is divided-
12%of basic paid towards employer PF contri goes in 2 part
a) 8.33% to employer pension a/c
b) 3.67% to employer pf contri a/c
1.61% towards admin charges as under
a) 1.1% of basic to PF admin charges
b) 0.5% to EDLI charges
c) 0.01 to EDLI admin charges
please correct me if some where else also i m wrong
Regards
Divya
From India, Bangalore
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Forms & Registers Andhra Pradesh Shops & Establishments Act 1988 & Rules 1990.xls
PF FORMS.zip