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Did anyone configure Employer Provident Fund calculation for the India legislation?

in Payroll and Global Payroll Interface (GPI) 2 comments

Summary:

We need to cap the Employer Provident Fund to 1800 Rs per month for all employees. But the standard calculation involves EPS (8.33% of 15K) + remaining 12% of Basic on Employer Provident Fund.

I do not see any options to customize or configure the calculations.

How is everyone managing this requirement? Or people are using their own custom elements to manage this?

Content (please ensure you mask any confidential information):


Version (include the version you are using, if applicable):

24D/25A


Code Snippet (add any code snippets that support your topic, if applicable):

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