Delivered Provident Fund Deductions
Global Payroll for India delivers the following elements to process provident funds:
| Deduction | Description |
|---|---|
|
PF |
Use to calculate the employee's provident fund contribution. |
|
PF VOL |
Use to calculate the employee's voluntary provident fund contribution. |
|
PF ER |
Use to calculate the employer's provident fund contribution. |
|
PF ER PEN |
Use to calculate the applicable percentage of the Employer contribution. |
|
PF ER ADMIN |
Use to calculate the employer's provident fund administration charge. |
|
PF ER EDLI |
Use to calculate the employer's EDLIS contribution. |
|
PF ER EDLIA |
Use to calculate the employer's EDLIS administration charge. |
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