Are PF calculations on the EPF Calculator based on gross pay? PF determined using Gross Salary Basic, DA, conveyance, other allowances, etc. would be included in PF Gross (heads of pay which are included for PF calculation). In accordance with the PF Act's regulations, it excludes heads ...
However, instead of making a manual calculation, you can calculate the EPF amount with the help of an online EPF calculator. How to use ET Money's EPF Calculator? ET Money's EPF Calculator is easy to use. You need to add the inputs and instantly get the results. Step 1: Enter your...
Calculation Formula Employer Contribution:The employer contributes 12% of the employee's basic salary plus the Dearness Allowance (DA). This contribution is divided as follows:1. 8.33% goes to the Employees' Pension Scheme (EPS).2. The remaining 3.67% goes to the EPF account. Employee Contribu...
The Employee Provident Fund Organization (EPFO) has come up with a fresh idea: more money should be deducted from your salary for Provident Fund (PF).They have announced this via a circular dated 30 November, 2012. Read on to get the full details, and how it impacts you. Provident …[R...
In the case of Mr Verma, the lower amount is his three months’ salary; therefore, he is eligible for an EPF loan of up to Rs. 60,000. How to Check EPF Loan Status Online? Here are steps to check EPF loan status: One needs to visit the EPFO portal and go to the services ...
Online HR Software , Biometric System Software , PF Software , ESI Software , HR Software , Payroll Software , Management Software , Time Attendance System , Free Payroll Software India , Free Salary Software India , Leave and Attendance Managemen...
Calculation Formula Employer Contribution:The employer contributes 12% of the employee's basic salary plus the Dearness Allowance (DA). This contribution is divided as follows:1. 8.33% goes to the Employees' Pension Scheme (EPS).2. The remaining 3.67% goes to the EPF account. Employee Contribu...