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%istrative charges (1.10% 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 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 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 sheet……pls revert b

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

n the Basic & DA

alue wil be (239)

ue 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

% of basic +DA

her establishment covered under the act / scheme

he case may be

mo sheet……pls revert back to me

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

PF CALCULATION SHEET SL.No. LOCATION 1 2 3 4 5 6 7

NO.OF EMPLOYEE PF SALARY

EMPs CONT.( 12%) EMPr CONT(3.67%) E.P.F. EMPr.CONT( 8.33 PF>6500 %)

Total

0

Total PF Salary PF>6500 Total

0 0 Total 0 Amount 0 istrative charges 1.10% E.D.L.I.F Employer 0.50% istrative charges 0.01% Ems share +Emp Share 12%+3.67% Pension 8.33% Total

0

0

0

0

A/C 0 0 0 0 0 0

2 21 22 1 10

0

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.

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

0

0

0

A/c 21

0.00

PARTICULARS

M M

0

A/c 10

TOTAL WAGES/SALARY

D D

0

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

0

N/A

0

2 EMPLOYEE'S SHARE OF CONTRIBUTION

0.00

N/A

-

N/A

N/A

0

3 ISTRATIVE SHARGES

N/A

0.00

N/A

N/A

-

0

4 INSPECTION CHARGES

N/A

-

N/A

N/A

0

0

-

-

-

-

-

0.00

5 PENAL DAMAGES 6 MISC PAYMENT TOTAL

-

-

-

-

-

0.00

0.00

0.00

0.00

0

0

0

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