Hi Seniors,
I just want to inquire about the computation under the Employee Enrollment Campaign 2017. If someone joined the organization on 01.02.2014 (with a wage ceiling of Rs. 6500/-) and received Rs. 15000/- from September 2014, how much do they have to pay under the Employee Enrollment Campaign 2017 until December 2016?
Regards,
Sanjay M
From India, Ankleshwar
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I just want to inquire about the computation under the Employee Enrollment Campaign 2017. If someone joined the organization on 01.02.2014 (with a wage ceiling of Rs. 6500/-) and received Rs. 15000/- from September 2014, how much do they have to pay under the Employee Enrollment Campaign 2017 until December 2016?
Regards,
Sanjay M
From India, Ankleshwar
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1083 per month for the period prior to September 2014.
3600 per month for the period after with effect from September 2014.
Account numbers 2/21 and 22 as applicable, plus interest.
However, the damages would be waived under the amnesty scheme and would be limited to Rs1 per annum.
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6513600 per month for the period after with effect from September 2014.
Account numbers 2/21 and 22 as applicable, plus interest.
However, the damages would be waived under the amnesty scheme and would be limited to Rs1 per annum.
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May I get the worksheet Sir?? As per my belief, there should be Rs. 680/- per month till September 2014, and after It should be Rs. 1800/- only. please correct me if I am wrong!
From India, Ankleshwar
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From India, Ankleshwar
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Dear Sanjay,
The company's liability as an employer is as follows:
Employer's Contribution from Feb. 2014 to Aug 2014: Rs.6500 x 12% = Rs.780 x 7 = Rs.5,460/-
Employer's Contribution from Sept. 2014 to Dec. 2016: Rs.15000 x 12% = Rs.1800 x 28 (4 + 12 + 12) = Rs.50,400 + Rs.5,460 = Rs.55,860/-
Damages for 4 years @ Re.1 per year: 2013-14, 2014-15, 2015-16 & 2016-17 = Rs.4/-
Simple Interest @ 12% per annum to be paid along with the contribution.
No administration charges on PF & DLIS.
Hope this will help to resolve your query.
Regards,
Suresh
From India, Thane
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The company's liability as an employer is as follows:
Employer's Contribution from Feb. 2014 to Aug 2014: Rs.6500 x 12% = Rs.780 x 7 = Rs.5,460/-
Employer's Contribution from Sept. 2014 to Dec. 2016: Rs.15000 x 12% = Rs.1800 x 28 (4 + 12 + 12) = Rs.50,400 + Rs.5,460 = Rs.55,860/-
Damages for 4 years @ Re.1 per year: 2013-14, 2014-15, 2015-16 & 2016-17 = Rs.4/-
Simple Interest @ 12% per annum to be paid along with the contribution.
No administration charges on PF & DLIS.
Hope this will help to resolve your query.
Regards,
Suresh
From India, Thane
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Dear All,
Please find the attachment for the article on PF Amnesty Scheme (Launch of Employees' Enrolment Campaign 2017) - published in "FORUM VIEWS" March 2017 Edition. I think this may help in clearing some doubts.
Cheers...
From India, Chennai
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Please find the attachment for the article on PF Amnesty Scheme (Launch of Employees' Enrolment Campaign 2017) - published in "FORUM VIEWS" March 2017 Edition. I think this may help in clearing some doubts.
Cheers...
From India, Chennai
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Dear Seniors,
Thank you for your valuable inputs. However, I would like the exact amount of total liability for PF dues to be paid after 31.03.2017 and before 15.04.2017. I have attached my calculations based on my understanding; please correct me if I am mistaken. I need to declare three employees in the said scheme.
Regards,
Sanjay M
From India, Ankleshwar
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Thank you for your valuable inputs. However, I would like the exact amount of total liability for PF dues to be paid after 31.03.2017 and before 15.04.2017. I have attached my calculations based on my understanding; please correct me if I am mistaken. I need to declare three employees in the said scheme.
Regards,
Sanjay M
From India, Ankleshwar
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