[Resolved]  Employee Provident Fund Organisation — Discrepancy in final settlement

Address:

Maharashtra

Sub – Settlement of PF accumulation against PF A/c no MH/38004/948
Ref – 1) Your letter no 264690/cash/20062007/VSH06/393/3689/R.L. No. 34274 dt[protected] addressed to the Manager Corporation bank and copy to me.
2) My registered letter dated[protected] addressed to Regional Providend Fund Commissioner, EPFO, Sub Accounts Office, Vashi, New Mumbai 400 703.
Dear sir,
I have received an amount of Rs. 679718/- vide your above refered letter whereas as per the details below, the PF accumulations comes to be around 732000/-. Please let me know the reasons for the reduced amount. Difference is more than Rs 50000.
If the contributions are not received from my employers as per details below, please let me know.
Calculation details –
YEAR[protected] Remarks
Opening Balance 410872 Transferred from Tata consulting Engineers Limited
Interest on opening balance @9.5% 39032.84
Employees contribution for the year 35226 Flat Products Equipment (I) ltd
Employers contribution for the year 28734 6492 Rs 6492/ is EPS contribution by Employer
Interest for current year contribution 3291.28
Closing balance 517156.1

YEAR[protected]
Opening Balance 517156 Flat Products Equipment (I) ltd
Interest on opening balance @8.5% 43958.26
Employees contribution for the year 39971
Employers contribution for the year 32379 6492
Interest for current year contribution 3723
Closing balance 637187.3

YEAR[protected] Flat Products Equipment (I) ltd
Opening Balance 637187 As the amount received on[protected],
Interest on opening balance @8.5% 40620.67 Interest is calculated up to December 2006
Employees contribution for the year 28093
Employers contribution for the year 23765 6492
Interest for current year contribution 2668
Closing balance 732333.7