"Destiny is not a matter of chance,
it is a matter of choice;
it is not a thing to be waited for,
it is a thing to be achieved."

Wednesday, February 22, 2012

What are A/c No.1, A/c No.-2, A/c No.-10, A/c No.-21 and A/c No.-22 in Employees provident Fund Challan ? Can anyone clear how to calculate above accounts? - Rediff Questions & Answers

Any establishments employing 20 or more employees come under the PF Act. Wage ceiling of PF is Rs. 6,500/-. The rate of PF contribution from Employees Salary is 12% of basic.
A/c No. 1 Employees Share 12% of Basic PF Employers Share 3.67% of Basic EPF
A/c No. 2 Employers Share 1.10% of total wages Admin Charges
A/c No. 10 Employers Share 8.33% of Basic Pension Fund
A/c No. 21 Employers Share 0.50% of total wages Employees Death
Insurance
A/c No. 22 Employers Share 0.01% of total Wages Inspection Charges

for example :- if,

Total Basis Wages Pf @12% EPF @ 3.67% Pension Fund @ 8.33%
Rs. 6,500/- Rs. 780 Rs. 239 Rs. 541/-

Then A/c No.1 Rs. 1,019/- (Total of PF/EPF Rs. 780/- + Rs. 239/
A/c No. 2 Rs. 72/- (1.10% of Rs. 6500/-)
A/c No. 10 Rs. 514/- (Pension Fund)
A/c No. 21 Rs. 33/- (0.50% of Rs. 6500/-)
A/c No. 22 Rs. 1/- (0.010% of Rs. 6500/-)
Total PF Rs. 1,639/-
Posted by at

8 comments:

  1. Alex PaulMay 16, 2019 at 11:12 AM

    Wow it is cool,best appealing informing blog from the Google.
    Buy Twitter accounts

    ReplyDelete
  2. pvagmailJuly 11, 2019 at 12:22 AM

    Thanks for sharing a informative post with us.This is very useful information.
    Buy Bulk Gmail accounts

    ReplyDelete
  3. Buy gmail pva accountsOctober 7, 2020 at 9:33 PM

    Really Happy! When i saw this blog post. Its amazing helpfull for us.Buy aged gmail accounts its also provide more valuable products Buy Twitter accounts

    ReplyDelete
  4. buy pinterest pva accountsJune 24, 2021 at 5:24 PM

    This is an awesome blog post by Tom Venuto. In it he explains why the Obama Stimulus Package should be considering a "Good" debt relief plan. The Federal Stimulus Package, or so they say, is being pushed on all media outlets to pump up consumer
    Buy Twitter accounts confidence, which should start a recovery in the US economy, and make us once again a beacon on the world stage. Okay, so let's talk about this for second shall we? Yes, absolutely, and here's why

    ReplyDelete
  5. Buy Google Voice AccountsAugust 24, 2021 at 7:39 PM

    You have some truly incredible posts and I believe I would be a decent resource.Buy instagram accounts

    ReplyDelete
  6. UnknownSeptember 25, 2021 at 9:07 AM

    Marketing and promoting a product or service buy houzz reviews through a blog is important but is blogging important for business? This is a question I get asked quite often by friends and associates who are new to blogging and want to see if it's something they'd like to do. It can be a fun way to express yourself, tell your story, and market products or services you may not have known were available. So is blogging important for business? If you're looking to use a blog to market your business, here are some things you need to consider: Does the blog to make a statement about you and/or your business? Does the blog to provide information people will want to know about your business? buy trustpilot reviews

    ReplyDelete
  7. buy facebook accountsOctober 22, 2021 at 3:54 AM

    The most unique and creative TIC tee I have seen in a while. My Boxer has been wearing them ever since he was a pup and now is older and ready to take on the competition with a T-shirt that says: Most Unique Tecnic I Learn. It makes me laugh when I see his run-up to the dog crate and out there with his shirt off. He usually does this about three times, then goes back into his crate to snooze for about five or six hours before going to sleep. If you have a dog who loves to exercise and is always ready to play, then this tee would be a good choice for him. buy pva gmail accounts

    ReplyDelete
  8. UnknownJanuary 23, 2022 at 1:17 AM

    Awesome blog. I enjoyed reading your articles. This is truly a great read for me. I have bookmarked it and I am looking forward to reading new articles. Keep up the good work!
    Buy Gmail Accounts
    Buy Email Account

    ReplyDelete

Subscribe to: Post Comments (Atom)