You are on page 1of 8

Dear All,

I m submitting herewith the combined sheet of PF calculation sheet and challan sheet in excel format as per requirement of ou

Provident Fund :
Note :PF always calculated on BASIC + DA
Total PF contribution : 25.61%

Employers Contribution :12% (3.67% PF +8.33%Pension) +1.61%Administrative charges (1.10% Adm charges +
Note: Pension value 8.33% is always constant whther PF value can be variable depending on the Basic & DA
Pls study following cases:
Case :1 if Basic + Da = 6500 then then contri wil be like ths Pension 8.33% ( 541) and PF value wil be (239)
Case II 1 if Basic + Da > 6500 then then contri wil be like ths Pension 8.33 %( constant value 541) and PF will be :
( cal.: 12000*12% -541 = 899/-)
Case III : if Basic + Da < 6500 then then contri wil be like ths Pension 8.33% and PF 3.67% of basic +DA
Exp : if basic is 5500/- then Pension wil be 5500*8.33% =458 and PF will be 5500*3.67% = 202/Employess Contribution:12% goes to PF amount only.
PF Calculation Sheet:
1.Mention your location name if existing
2.No of empls elidgible for PF
3.PF salary ths is Basic + DA amount
4.Emps contri 12% fix value
5.Emplrs contri for PF Variable ( calculation has defined above)
6.Emplrs contri 8.33% fix value
7.PF>6500 means Basic +DA >6500 ( See case II)
Some other useful info regarding PF:
Form No. Purpose

13 (revised) For transferring the Provident Fund account of a member from one establishment another establishment covered

19 To be submitted by a member to withdraw his Provident Fund dues on leaving service/retirement/termination.


10-C For claiming - Refund of Employer share.( with form no.19)
10-D To be submitted by the first claimant i.e.- member or - widow/widower or- orphan nominee as the case may be
31 For the use of Provident Fund members to avail advances / withdrawals as provided in the scheme

Rate of Interest:8.5%

Note :Formula are given asked pls whre r u confused and if stil confuse then I ll submit a demo sheetpls revert b

t as per requirement of our some HR felloz.Hope it will be useful for you.

(1.10% Adm charges +.50 % EDLIF Charges) =13.61%


the Basic & DA

alue wil be (239)

e 541) and PF will be : exess amount - 541 as exp IF Basic + DA is 12000/- then it wil be like ths Pension will be 541/- and PF w

of basic +DA

er establishment covered under the act / scheme

e case may be

mo sheetpls revert back to me

n will be 541/- and PF will be 899/-

PF CALCULATION SHEET
SL.NoLOCATION
1
2
3
4
5
6
7
Total

NO.OF EMPLOPF SALARY

EMPs CONT.( 12EMPr CONT(3.67%)


E.P.F. EMPr.CONT( 8.33
PF>6500
%)

Total PF Salary

PF>6500
Total

0 Total
0 Administrative charge
E.D.L.I.F Employer
Administrative charge
Ems share +Emp Shar
Pension

0 Amount
1.10%
0.50%
0.01%
12%+3.67%
8.33%
Total

A/C
0
0
0
0
0
0

2
21
22
1
10

EMPLOYEES PROVIDENT FUND OFGANISATION


COMBINED CHALLAN OF A/C NO. 1,2,10,21, & 22,
STATE BANK OF INDIA
Name & Address of Branch
(USE SEPARATE CHALLAN FOR EACH MONTH)
ESTABLISHMENT CODE NO.

ACCOUNT GROUP NO.


MM

DUES FOR THE MONTH OF

Employee's Share
Employer's Share

04

08

TOTAL NO. OF SUBSCRIBERS

DATE OF THE PAYMENT


0

Y Y

A/c 21

0.00

PARTICULARS

M M

0
0

A/c 10

TOTAL WAGES/SALARY

D D

A/c 1

S.NO

PAID BY CHEQUE/DD/CASH

YY
04
08

0.00

0.00

A/C NO. 1

A/C NO. 2

A/C NO. 10

A/C NO. 21

A/C NO. 22

TOTAL

1 EMPLOYER'S SHARE OF CONTRIBUTION

0.00

N/A

0.00

N/A

2 EMPLOYEE'S SHARE OF CONTRIBUTION

0.00

N/A

N/A

N/A

3 ADMINISTRATIVE SHARGES

N/A

0.00

N/A

N/A

4 INSPECTION CHARGES

N/A

N/A

N/A

5 PENAL DAMAGES

0.00

6 MISC PAYMENT

0.00

0.00

0.00

0.00

TOTAL
TOTAL AMOUNT IN RUPEES (in words)
NAME OF ESTT.:
ADDRESS
NAME OF DEPOSITOR
SIGNATURE OF THE DEPOSITOR

(TO BE FILLED IN BY EMPLOYER IN CASE PAYMENT IS MADE BY CHEQUE/DD

CHEQUE/DD NO.
NAME & ADDRESS OF THE BANK

DATE :

For Bank's use only


Amount Received Rs.______________ Bank Scroll No._____________
(For Cheques only)
Date of Presentatin
Date of Realisation
DATE &
Branch Name
Signature
SEAL OF
Branch Code No.
BANK

You might also like