Assuming you are asking about an "Imprest" Petty Cash account with a nominal balance of $174, an actual cash content of $25, and receipts representing $137 in legitimate purchases, the entry would be something like the following: Debit Expense Accounts (itemized according to nature of receipts): $137
Debit Expense Account "Petty Cash Shrinkage" (or whatever it is called in your system): $12
Credit Petty Cash: $149
Note: Recognize Petty Cash Expense Debit Petty Cash: $149
Credit Checking (or wherever you get the cash from): $149
Note: Restore Petty Cash to Imprest level ($174) OR the composite equivalent entry: Debit Expense Accounts (itemized according to nature of receipts): $137
Debit Expense Account "Petty Cash Shrinkage": $12
Credit Checking: $149 Hope this helps
Provident Fund Total Rs. 12%
Employee Rs. 3.67% Pension Rs. 8.33%
If you are part of the National Provident Fund - You can visit your nearest EPF office or try to check your balance online in the EPF website.
If your company has thousands of employees and has its own PF fund, then you need to contact your employer
The EPF is created by the Employees Provident Fund Organization (EPFO) of India, a statutory body of the Indian Government under the Labor and Employment Ministry. It states that an organization having 20 or more permanent employees on its payroll, should register with the EPFO.
A Provident Fund is a fund that is created, through contributions, to provide financial support to individuals in their future (Specifically for post-retirement). The Employee Provident Fund is just such a fund. Contributions are made on a monthly basis, by both employees and employers, thereby encouraging employees to save a portion of their salary each month. Investments made by millions of employees across India are pooled together and invested by a trust.
The EPF is a tax free investment instrument for the salaried class. Interest earned on it is tax free, and returns are also not taxed. You also get a deduction under Section 80C for contributions made towards your EPF.
You cannot. You are not supposed to have two pf account numbers. If you switch jobs, you are supposed to either transfer or close the old pf account
Eitherways you can get the account number from your employer
You should either contact your employer's finance department or check with the regional pf office or check in epf india's website after registering
It depends on how long you have had the PF account and why you are withdrawing it. Refer to the link in the related links section to understand the rules.
You can either contact your employer or visit the regional pf office in your area and request them to search for your account by providing your details like name, date of birth, employer info etc
There is no way to do that. The government of India gives more importance to Delhi as it is the capital and did not bother to put the other states on it's PF site for us to view our Balance. The Bandra EPF office is not even worthy to be called a PF office. They are sleeping all the time and need to fired from their jobs Asap. Throw them out of the office. They don't know how to do the work. They are really burden to the government who are working there.
As of 2013, the Government has started a new EPF website which helps you check your balance online. You can go to the EPF India website and create an account using your pf account number and once complete you can view your details online.