Kindly confirm that we calculate pf monthly return correct or Incorrect as below :
Employee share 12% of EPF wages
Employer share 3.67% contribute to EPF
Employer share 8.33% as EPS(Pension Contribution)(PF Wage Ceiling 15000/-)
Admin Charge 0.85 on EPF Wages
EDLI 0.50 on EPS Wages
Admin Charege on EDLI 0.01% (Minimum 200/-)
Is EDLI calculated on EPS wages or EPF Wages kindly confirm?
Thanks
Manu

From India, Indore
Dear Manu, EDLI contribution is 0.5% of wages subject to a wage ceiling of Rs. 15000. Abbas.P.S
From India, Bangalore
Dear Punitsatna, Maximum contribution to EDLI will be on ceiling salary. Accordingly admin charges will also be on actual salary up to ceiling limit. Abbas.P.S
From India, Bangalore
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.