What do account 1,2,10,21,22 in Provident Fund stand for and what contributions are paid in this accounts?
From India, Pune
43From India, Pune
Hi,
contributions paid in A/c No. 1 2 10 21 22 is as under :-
A/c no 1 :arrow: 12% of the salary paid to employees(As employees cont.of PF) + 3.67% of the salary (As employer cont. for pf)
a/c no 2 :arrow: Adm. charges @ 1.1 % of the salary
A/c no 10 :arrow: 8.33% of the salary (max. up to 541 per employee) (AS EPS Cont.)
A/c No:-21 :arrow: .5% of the salary (AS EDLI Cont.)
A/c No.22 :arrow: .01% of the salary(AS mis. Cont.)
The cont. of A/c No 2 goes to EPF and this amt. u can get back, when u left the services
The cont. of A/c no. 10(8.33%) u may also get it back, if ur service is more then 6 months and less then 10 years, otherwise u will not get it back, and if ur service is more then 10 year then u will get pension from the PF Dept. but ur age should be 50+.
Sanjeev Kwatra
From India, Delhi
contributions paid in A/c No. 1 2 10 21 22 is as under :-
A/c no 1 :arrow: 12% of the salary paid to employees(As employees cont.of PF) + 3.67% of the salary (As employer cont. for pf)
a/c no 2 :arrow: Adm. charges @ 1.1 % of the salary
A/c no 10 :arrow: 8.33% of the salary (max. up to 541 per employee) (AS EPS Cont.)
A/c No:-21 :arrow: .5% of the salary (AS EDLI Cont.)
A/c No.22 :arrow: .01% of the salary(AS mis. Cont.)
The cont. of A/c No 2 goes to EPF and this amt. u can get back, when u left the services
The cont. of A/c no. 10(8.33%) u may also get it back, if ur service is more then 6 months and less then 10 years, otherwise u will not get it back, and if ur service is more then 10 year then u will get pension from the PF Dept. but ur age should be 50+.
Sanjeev Kwatra
From India, Delhi
Hi,
I worked for a company for close to 3 years and deducted VPF out of my salary for 8 months. I left the company with only 15 days notice period for which they are demanding 15 days notice period money.
I don't have any complaints against that, just wanted to know can I still go ahead and withdraw the VPF (not the PF), from the company.
Thank you,
Ravindra
I worked for a company for close to 3 years and deducted VPF out of my salary for 8 months. I left the company with only 15 days notice period for which they are demanding 15 days notice period money.
I don't have any complaints against that, just wanted to know can I still go ahead and withdraw the VPF (not the PF), from the company.
Thank you,
Ravindra
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