I have a question related to PF challan.
(1) Is it possible to pay only the worker's share for PF in the monthly challan through "e-return tools"?
(2) If the PF deduction for staff is 20% and for workers is 12%, how can I prepare a text file through "e-return tools" for ECR upload? If you have any guidelines, please suggest them to me.
Thank you
From India, Surat
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80(1) Is it possible to pay only the worker's share for PF in the monthly challan through "e-return tools"?
(2) If the PF deduction for staff is 20% and for workers is 12%, how can I prepare a text file through "e-return tools" for ECR upload? If you have any guidelines, please suggest them to me.
Thank you
From India, Surat
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Dear chirag, It is easy, if you generate txt file by e-returns tool than when you feed basic wages than you go direct voluntary share column its near ncp days.
From India, Calcutta
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From India, Calcutta
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In our establishment, the employee staff deduction is 20%, and the employer adds 20%. For workers, the deduction is 12%, and the employer adds 12%. You suggest adding a voluntary share, but it's only for employees, not for employer deduction.
From India, Surat
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From India, Surat
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Employee can contribute above 12% as VPF but Employer not bound to contribute on same VPF %, Employer just contribute on 12%.
From India, Jaipur
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From India, Jaipur
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What you want actually, I am unable to understand. PF act and rules are the same for all; we cannot change them according to our own choice. Simply put, if you give 12% of the basic (like 10,000 basic), it would be 1200 (12%), 659 (3.67%), and 541 (8.33%). This is the e-return calculation.
From India, Calcutta
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From India, Calcutta
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sorry dear but our establishment all ready have permission to deduct 20% + 20% since 1989
From India, Surat
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From India, Surat
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(1)it is possible to pay only worker share for pf in monthly challan through "e return tools"?????????
From India, Surat
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From India, Surat
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Dear Chirag Shah,
If you use third-party software like EPF Management Software 4.0, all your problems will be solved. The software can be downloaded from the following website NexTech Software Solutions, Software Development, Website Designing direct link for the software - www.nextechss.com/epf40installer.exe
From India, Nagpur
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If you use third-party software like EPF Management Software 4.0, all your problems will be solved. The software can be downloaded from the following website NexTech Software Solutions, Software Development, Website Designing direct link for the software - www.nextechss.com/epf40installer.exe
From India, Nagpur
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The definition of contribution is that the contribution of an employee is equal to the contribution payable by an employer. The employer can restrict the contributions for the wages to Rs.6500/-, i.e., Rs.780/- (12% of Rs.6500/-), and the deduction from the employee is Rs.780/-. Another option is that the employee can contribute over and above 12% as a voluntary contribution, and the employer will pay 12% for Rs.6500/-. The next option is that both the employee and employer can pay over and above 12%, and the employer cannot discriminate the contributions from member to member, such as staff and worker, since all are employees and the rule is the same for both.
From India, Chennai
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From India, Chennai
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Salary Sheet & PF PT Calculation & Challan Nov 2010.xls