Total Contribution towards EPF is as follow.
Account# 01 ---12+3.67%
Account #02 ---0.65%(with Minimum 500)
Account #10 ---8.33
Account #21---0.5%
Account #22---Nil
Total ------------25.15% and earlier it was 25.36% reduced 0.21% of 25.36%
Regards
Sunil Kumar
9991914666
From India, Faridabad
Account# 01 ---12+3.67%
Account #02 ---0.65%(with Minimum 500)
Account #10 ---8.33
Account #21---0.5%
Account #22---Nil
Total ------------25.15% and earlier it was 25.36% reduced 0.21% of 25.36%
Regards
Sunil Kumar
9991914666
From India, Faridabad
Yes. Am also having same doubt. Many of the contractors still contributing Acc 22 EDLI admin charges. And also its not removed in prepare challan part in EPFO Employer loging...can anyone clarify???
From India, undefined
From India, undefined
Ok. It is not removed but we you do not have to fill the EDLI administrative charges anymore. because these charges are levied.
From India, undefined
From India, undefined
In the light of ammendment of dated March 22, 2017. Employers who have paid adminstrative changes on old rates i.e a/c 2 @ .85 % and minmum Rs 200/- from April 2017 may make adjustments in account No. 2 or it requires the permission of EPF department.
From India, Chandigarh
16From India, Chandigarh
A/c 1 EE (Employee Contribution) - 12%
A/c 1 ER (Employer Contribution) - 3.67%
A/c 2 (Administrative charges) - 0.65% with minimum of Rs.500
A/c 10 (Pension Fund) - 8.33%
A/c 21 (EDLI) - 0.5%
A/c 22 (Administrative charges for EDLI) - 0%
Total - 13.15% with minimum of Rs.500 for A/c2
sir
can i follow the above % for prepare ecrs from 01.04.2017
From India, Hyderabad
A/c 1 ER (Employer Contribution) - 3.67%
A/c 2 (Administrative charges) - 0.65% with minimum of Rs.500
A/c 10 (Pension Fund) - 8.33%
A/c 21 (EDLI) - 0.5%
A/c 22 (Administrative charges for EDLI) - 0%
Total - 13.15% with minimum of Rs.500 for A/c2
sir
can i follow the above % for prepare ecrs from 01.04.2017
From India, Hyderabad
Dear HR Professionals,
Just I want to know is it right statement about EPF Contribution.If It is right then reply me
Total Contribution towards EPF is as follow.
Account# 01 ---12+3.67%
Account #02 ---0.65%(with Minimum 500)
Account #10 ---8.33
Account #21---0.5%
Account #22---Nil
Total ------------25.15% and earlier it was 25.36% reduced 0.21% of 25.36%
Thanks & Regards,
Shakir Hussan
Sr. Executive (HR/ Admin)
P.R. Fasteners Pvt. Ltd.
Mobile No. 9891341685
Just I want to know is it right statement about EPF Contribution.If It is right then reply me
Total Contribution towards EPF is as follow.
Account# 01 ---12+3.67%
Account #02 ---0.65%(with Minimum 500)
Account #10 ---8.33
Account #21---0.5%
Account #22---Nil
Total ------------25.15% and earlier it was 25.36% reduced 0.21% of 25.36%
Thanks & Regards,
Shakir Hussan
Sr. Executive (HR/ Admin)
P.R. Fasteners Pvt. Ltd.
Mobile No. 9891341685
As per the notification dated 15/03/2017 it is clear admin charges (a/c no.2) is 0.65% w.e.f. 01/04/2017 however as regarding a/c no.22 (EDLI admin) it is not clear weather functional & non functional units@ 0%?Please clarify the EDLI admin charges.
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EPF New Amendment.pdf