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dear allkindly consider to elaborate on the following matteremployee basic: 6600/-DA : not applicableperiod of tenure : 1 yearwhat would be the calculation method used ?what would the total amount pertain to?respect & regards
From India, Ahmadabad
abbasiti
517

Regarding PF interest calculation, it is monthly compounding and round to nearest rupee. However I shall insert an Excel Sheet in this regard for a monthly salary of Rs. 6600/-
Accordingly after the 12th month remittance, accumulated contribution of emloyee in EPF is Rs. 9883/- & employer is Rs. 3132/- .
ABBAS.P.S, ITI LTD, PALAKKAD -678 623
Ph. +91 9447 467 667

From India, Bangalore
Attached Files (Download Requires Membership)
File Type: xls EPF Statement.xls (15.5 KB, 122 views)

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