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
- CG Tax On residential property
- Applicable TDS for Purchase of Flat from NRI
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Under construction property in ITR
- Gift of mutual fund units to daughter
- Not able to file ITR
- NRI ITR2 account in 2025-26 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.
- PPF interest-As Exempt Income disclosure
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
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
