Dear friends, Are the below details correct ?
EPF Contribution Rate A/c No.1 = 12 %
EPS contribution Rate A/c No 10 = 8.33%
Employer EPS Diff A/c No.1 = 3.67%
EPF Admin charges A/c 2 = 0.65%
EDLI Contribution A/c No.21 = 0.50%
EPF Inspection charges A/c.No.2 = 0.85%
EDLI Inspection Charges A/c 22 = 0.01%
EDLI Admin charges A/c = 0.005%
Thanks in advance
Regards
Rajeev Dixit
From India, Bangalore
111EPF Contribution Rate A/c No.1 = 12 %
EPS contribution Rate A/c No 10 = 8.33%
Employer EPS Diff A/c No.1 = 3.67%
EPF Admin charges A/c 2 = 0.65%
EDLI Contribution A/c No.21 = 0.50%
EPF Inspection charges A/c.No.2 = 0.85%
EDLI Inspection Charges A/c 22 = 0.01%
EDLI Admin charges A/c = 0.005%
Thanks in advance
Regards
Rajeev Dixit
From India, Bangalore
Dear Rajeev,
The updated contribution rate is as follow:
A/c No 1 PF Contribution 12% of employee and 3.67% of employer
A/c No 10 EPS 8.33%
A/c No 2 PF Admin 0.65%
A/c No 21 EDLI Contribution 0.50%
Total 12.00% of employee and 13.15% of employer contribution on basic salary
Regards,
Manish
From India, Ahmedabad
The updated contribution rate is as follow:
A/c No 1 PF Contribution 12% of employee and 3.67% of employer
A/c No 10 EPS 8.33%
A/c No 2 PF Admin 0.65%
A/c No 21 EDLI Contribution 0.50%
Total 12.00% of employee and 13.15% of employer contribution on basic salary
Regards,
Manish
From India, Ahmedabad
Dear Rajeev Nice compilation for the benefit of members. It seems the admin charges for EDLI have been waived wef 1-4-17.Please check. B.Saikumar HR & Labour relations Adviser Navi mumbai
From India, Mumbai
From India, Mumbai
Dear All, Please note that w.e f 01/04/2017 A/C #2 @ 0.65% on EPF Wages or Rs 500/- Whichever is Higher A/C # 22-No sum payable until further Notice
From India, New Delhi
From India, New Delhi
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PF Contribution on Leave Encashment - Clarification by EPFO.pdf