SALARY EPF REGARDING
This query is : Resolved
07 May 2024
I Want to know that, EPF amount of the employee could change by every month due to LOP or not.?
For. EX., one of our employee gross salary was Rs.35000/- . for this month after deducting the loss of pay for 5 days the earned salary was 25000, on this we calcualted epf (12% from Basic + DA ), amount of rs.1800/- . on the other hand, for same employer without Leave or LOP for last month, his earned salary was Rs.35000/-, on this calculation of epf amount of rs.2160/-, ( My question was the amount of EPF vary from every month by LOP or remains the same amount, even lop occurs )
For. EX., one of our employee gross salary was Rs.35000/- . for this month after deducting the loss of pay for 5 days the earned salary was 25000, on this we calcualted epf (12% from Basic + DA ), amount of rs.1800/- . on the other hand, for same employer without Leave or LOP for last month, his earned salary was Rs.35000/-, on this calculation of epf amount of rs.2160/-, ( My question was the amount of EPF vary from every month by LOP or remains the same amount, even lop occurs )
07 May 2024
EPF vary every month by LOP.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS 194-T applicability
- GST ITC REVERSE
- Fixe term employment
- Is any professional CA is here please reply
- Putting a heading on received mail
- Section 50-fixed asset-->building ceases to exist
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Gift Received from nonblood relative
- Reprocessing of rectification order AY 2025-26
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Regime change
- Consolidated financials
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
