Select the "Record Provident Fund Year” link from the left pane.
The "Record Provident Fund Year’ page appears.
The system displays the following
Date Format |
The date format that is applicable to the login user. |
Enter the following
PF Setup Unit |
From the drop-down list box, select the Provident Fund setup unit for which you require to record the Provident Fund year details. |
PF Year |
From the drop-down list box, select the option “New” to record the new Provident Fund year details for the specific period in a year. |
PF Year Code |
A unique code to identify the Provident Fund year. |
PF Year Description |
A short description of the Provident Fund year. |
PF Year From Date |
The start date of the Provident Fund year. |
PF Year To Date |
The end date of the Provident Fund year. |
To record statutory interest details
Interest rate (%) |
The statutory Provident Fund interest rate in percentage given by the Ministry of Labour for the specific period. |
To indicate whether a history of the modifications must be maintained
Enter the following
Modification Option |
Select “Correct” or “Update” from the drop-down list box. § If you select “Correct”, the history of modifications is not stored by the system. The record is merely corrected, and the system treats the modification date of the record to be the same as “Effective Date“ you specified when you created the record § “Update”, the system stores the history of modifications, by inserting a new record to track each change to the record. The previous record is internally closed. When you select “Update”, you must also enter the date from which the changes must become effective. |
New Effective From |
If the edit option you chose is “Update”, specify the date from which the current modification will be in effect. The system maintains the “Effective To Date” of the previous record to be one day less than the “New Effective From” date. |
Select the “Previous” pushbutton beside the “Data Access History” field, to view the previous changes, if any, made to the selected Provident Fund year.
If no previous record exists, the system will refresh the page and displays the current record.
Note: When you click “Previous” pushbutton, the system will display the record previous to the record displayed.
Select the “Next” pushbutton in the “Access Data History” field, to view the next change of the Provident Fund year details.
Select the “Save” pushbutton to save the details entered.
To delete the Provident Fund year details
From the drop-down list box, select the Provident Fund setup unit.
From the drop-down list box, select the Provident Fund year.
Select the “Previous” or “Next” pushbutton in the “Data Access History” group box to retrieve the details to be deleted.
Select the “Delete” pushbutton to delete the record.
€ Hyperlinked topics below
Use this page to record, edit or delete the Provident Fund year details.
To record statutory interest details
To indicate whether a history of the modifications must be maintained
To delete the Provident Fund year details