Learn Employee Provident Fund Calculation

PF is contributed @12% of basic salary only from both sides employee as well as employer..

Provident fund limit up to 6500/=  if salary more than 6500/= then employer wnat to share with epf then ok otherwise No law for any boundation to deposit employer contribution. employee can deposit his share.

Provident fund is calculated towards the employers is 13.61% 
1. Employers Contribution
2.EPF A/c No.1 - 3.67%
3.EPF - Admn Charges - 1.1%
4.Pension Fund A/c No.10 - 8.33%
5.EDLI A/c No.21 - 0.5%
6.EDLI - Admn Charges - 0.01%

Fill up PF Challan and deposit in bank by cash.cheque

PF Details and Knowledge:-

the employees' provident funds and miscellaneous provisions act ,1952 : 
the act provides for the institution of provident funds 

(I) EMPLOYEES 'PROVIDENT FUND SCHEME 1952 

(2) THE EMPLOYEES PENSION SCHEME,1995 

(3) THE EMPLOYEES DEPOSITE LINKED INSURANCE SCHEME,1976 

ESTABLISHMENT WHICH ARE UNEXMPTED /EXEMPTED HAVE TO COMPLY WITH REGIONAL PROVIDENT FUND COMMISSIONER. 

THE PRIMARY FORM ALL HAVE TO ENSURE IS FORM 2: NOMINATION AND DECLARATION FORM (SUBSCRIBER AND EMPLOYER HAS TO ENSURE) 

FORM 3: CONTRIBUTION CARD FOR THE CURRENCY PERIOD FROM.....TO... (FOR UNEXEMPTED ESTABLISHMENT) 

FORM 3A: CONTRIBUTION CARD FOR THE CURRENCY PERIOD FROM 1ST.............TO 30/31ST...........(FOR UNEXEMPTED ESTABLISHMENT) 

FORM 5 : RETURN OF EMPLOYEES QUALIFYING MEMBERSHIP 

FORM 5A : RETURN OF OWNERSHIP 

FORM 6 ; RETURN OF CONTRIBUTION CARDS ORM :FORM 9 :RETURN OF EMPLOYEES 

FORM 10: RETURN OF MEMBERS LEAVING SERICES 

FORM 12:SATEMENT OF CONTRIBUTION FOR THE MONTH ........ 

FORM 13; APPLICATION FOR TRANSFER OF EPF ACCOUNT 

FORM 13A: APPLICATION FOR INTER REGIONAL TRANSFER OF ACCOUNTS 

FORM 19 :SETTLEMENT 

FORM 20 WITHDRWAL BY MINOR/DECEASED MEMBER 

FORM 31 : APPLICATION FOR ADVANCE 

FORM 1(IF) RETURN OF EMPLOYEES ENTITLED AND REUQIRED TO BECOME

MEMBERS OF INSURANCE FUND 

FOEM 2(IF) :EMPLOYEES ENTITLED FOR MEMBERSHIP 

FORM 3(IF): RETURN OF MEMBERS OF INSURANCE FUND LEAVING SERIVES 

FORM 5(IF) : TO BE USED BY NOMINEE/LEGAL HEIR 

FORM 12A : RETURN 

FORM I : RETURN BY EXEMPTED ESTABLISHMENT 

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