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PF Ready Reckoned 2012 Employees Provident Fund and Misc. Provisions Act, 1952 Ready Reckoned Written by M Ravi Shankar, mravimtnl gmail.com Page 1 PF Ready Reckoned Written by M Ravi Shankar Dedicate
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How to fill out pf ready reckoner

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How to fill out pf ready reckoner:

01
Gather all relevant information such as employee details, salary, and contribution rates.
02
Calculate the monthly contribution by multiplying the employee's salary by the contribution rate.
03
Record the contributions for each month in the ready reckoner.
04
Sum up the total contributions for the year.
05
Keep the pf ready reckoner updated by recording any changes in salary, contribution rates, or employee details.
06
Use the ready reckoner to easily track and maintain records of pf contributions.

Who needs pf ready reckoner:

01
Employers who need to accurately calculate and track their employees' pf contributions.
02
Employees who want to keep track of their own pf contributions and ensure they are being correctly deposited by the employer.
03
HR professionals or accountants responsible for managing and maintaining pf records.
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PF ready reckoner is a document or tool that provides a summary of the key components and calculations related to the Employees' Provident Fund (EPF) scheme.
Employers or companies that are covered under the EPF scheme are required to file pf ready reckoner.
To fill out pf ready reckoner, employers need to gather information such as employee details, salary components, PF contribution rates, and other relevant data. This information is then used to calculate the monthly PF contributions and prepare the summary.
The purpose of pf ready reckoner is to assist employers in calculating and reporting the correct PF contributions for their employees. It ensures compliance with the EPF scheme and helps in accurate record-keeping.
The pf ready reckoner should include employee details such as name, PF number, salary components, PF contribution rates, and the calculated PF contributions for each employee.
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