Pls help me in EDLI

mukesh saini · #1 18-09-2009, 04:51 PM

Dear all,

I m facing problem in EDLI under EPF act.

Actully we deduct EDLI on actual basic pay but our head office persons say to us that this practice is wrong.

They told to us " deduct EDLI on PF celling amount 6500/- only.
Example ;
1. Basic pay is 15000 than 15000*0.5%=75/- (This is in our practice)

or

2. Basic pay is 15000 than 6500*0.5*=32.5/- (HQ. persones says)

Pls guide me that what is right?

prashant1314 · #2 18-09-2009, 06:59 PM

Please deduct EDLI on Rs.6500/- ceiling only

mukesh saini · #3 19-09-2009, 03:58 PM

Quote:

Originally Posted by prashant1314

Please deduct EDLI on Rs.6500/- ceiling only

Thanks sir

but from last 15 years, we are deducting on actual wages, if we will start on 6500 from this month than pf personal put up quatation on this. than ?

prashant1314 · #4 19-09-2009, 04:39 PM

Please call me Prashant - 09850401160.

I will try my best to help you!!!!