EMPLOYEE PROVIDENT FUND CALCULATOR by patwalmahesh

VIEWS: 68 PAGES: 6

									Preparation of EPF Statement

Salary    Ceiling Accumulation in PF A/c             Interest amount
          Limit Employee Employer Interest rate in % Employee
   6000      6500         0          0             8.5        0
   6000      6500       720        220             9.5        6
   6000      6500      1446        442            10.5       13
   6000      6500      2179        666            11.5       21
   6000      6500      2920        892            12.5       30
   6000      6500      3670       1121            13.5       41
   6000      6500      4431       1354            14.5       54
   6000      6500      5205       1590            15.5       67
   6000      6500      5992       1831            16.5       82
nterest amount    Current Month Contribution (PF) Pension Contribution Total Accumulation in P
          Employer Employee        Employer        8.33% by Employer Employee
                 0           720               220                  500         720
                 2           720               220                  500        1446
                 4           720               220                  500        2179
                 6           720               220                  500        2920
                 9           720               220                  500        3670
                13           720               220                  500        4431
                16           720               220                  500        5205
                21           720               220                  500        5992
                25           720               220                  500        6794
al Accumulation in PF
          Employer
                  220
                  442
                  666
                  892
                 1121
                 1354
                 1590
                 1831
                 2076

								
To top