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Dear All, I M Submitting Herewith The Combined Sheet of PF Calculation Sheet and Challan Sheet in Excel Format As Per Requirement of Our Some HR Felloz - Hope It Will Be Useful For You
Dear All, I M Submitting Herewith The Combined Sheet of PF Calculation Sheet and Challan Sheet in Excel Format As Per Requirement of Our Some HR Felloz - Hope It Will Be Useful For You
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
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
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
e case may be
PF CALCULATION SHEET
SL.NoLOCATION
1
2
3
4
5
6
7
Total
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
Employee's Share
Employer's Share
04
08
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
0.00
N/A
0.00
N/A
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
CHEQUE/DD NO.
NAME & ADDRESS OF THE BANK
DATE :