How to calculate Adminstration charge in PF

Page no : 2

C A Nagesh (Finance Manager) (22 Points)
Replied 21 January 2009

dear sir

Is anybody can help me in sending the PF annual return formats(form 3A and 6A)

Shekhar (Student) (22 Points)
Replied 27 October 2009

Originally posted by :Anjali Saigal
"	The PF contribution is 12% of Basic salary from both employee and employer. For the calculation the maximum limit of Basic is Rs 6500/-. It means even if the employee's basic salary is above Rs 6500/- the employer is liable to contribute only on Rs 6500/-, that is Rs 780. However if an employee so desires he may voluntarily contribute more than 12%. Apart from it an employer also has to pay some administration charges. I explain you the various accounts of PF challan. A/c No 1: PF contribution Account A/c No 2: PF Admin account A/c No 10: EPS account A/c No 21: EDLIS account A/c No 22: EDLIS admin account PF admin charge = Employer has to pay 1.1 % of basic EDLIS: Employer has to pay 0.5% of basic EDLIS admin charge:Employer has to pay 0.01% of basic Total additional percentage employer has to pay: 1.61% of basic So employer has actually to pay 13.61 % of Basic and employee has to pay only 12% of basic. Employees complete 12% goes to PF account while employer contributions' 8.33% goes to Pension fund and 3.67% goes to PF fund. Now I am confused Do I have to deduct @ 12% on basic or 12 % of 6500 that is Rs 780 Can you please help	"

If Basic Pay is more than rs.6500 i.e.Rs. 10000 You have to deduct Rs.541 towards pension fund (8.33% of 6500) and rest Rs. 659 ( Rs 1200 [12% of 10000] - Rs. 541) will go to EPF.

Shekhar

Murali (CA Final Student) (37 Points)
Replied 05 October 2010

does anybody have form 12A in excel file if so pl revert me on muralipalem @ gmail.com

Murali (CA Final Student) (37 Points)
Replied 05 October 2010

does anybody have form 12A in excel file if so pl revert me in muralipalem @ yahoo.co.in

Dhirendra singh (Accounts manager) (41 Points)
Replied 06 July 2012

Administration Charge in gross is 1.61% of Basic and DA of Employee Salary. For an example if A's salary (Basic+DA) is Rupees 10,000, for this employee employer will contribute :

For pension fund = Rs. 6,500.00*8.3%=Rs. 541.45

For PF = Rs. 6500.0*3.67%=Rs. 238.55

For Admin. Ch. = Rs. 6,500.0*1.61%=Rs. 104.65

Total Contribution= 13.61% of Basic + DA=Rs. 884.65

Basic Salary and DA limited for employer contribution upto Rupee 6,500.00

1 Like

jaswinder singh (accountant) (22 Points)
Replied 26 July 2014

Originally posted by : Dhirendra singh
	Administration Charge in gross is 1.61% of Basic and DA of Employee Salary. For an example if A's salary (Basic+DA) is Rupees 10,000, for this employee employer will contribute : For pension fund = Rs. 6,500.008.3%=Rs. 541.45 For PF = Rs. 6500.03.67%=Rs. 238.55 For Admin. Ch. = Rs. 6,500.0*1.61%=Rs. 104.65 Total Contribution= 13.61% of Basic + DA=Rs. 884.65 Basic Salary and DA limited for employer contribution upto Rupee 6,500.00