Hi! I needed some information regarding Employers' Contribution to PF. We started PF for our organization in Oct last year. Since we had to pay some arrears, we restricted the Employer's contribution to Rs 780/-. However, now we want to change it to 12% of basic. Can someone guide me on what formalities we need to fulfill with the PF department to shift from Rs 780 to 12% of basic?
Thanks in advance for your help.
Regards, Jayanthi
From India, Bangalore
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Thanks in advance for your help.
Regards, Jayanthi
From India, Bangalore
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Hi!, can any one tell me what is exact bifurcation of 13.61% (with a/c no.) of employer’s contribution to PF. Pritam
From India, Pune
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From India, Pune
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Employer's Contribution to PF Bifurcation
EPS - 8.33% (subject to a ceiling of Rs. 541)
PF - Rest of the amount out of 12%
PF administration charges - 1.1%
EDLI - 0.5% (subject to a ceiling salary of Rs. 6500)
EDLI administration charges - 0.01%
Abbas.P.S
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I have corrected the spelling, grammar, and punctuation errors in the user's input. I have also ensured proper paragraph formatting with a single line break between paragraphs.
From India, Bangalore
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530EPS - 8.33% (subject to a ceiling of Rs. 541)
PF - Rest of the amount out of 12%
PF administration charges - 1.1%
EDLI - 0.5% (subject to a ceiling salary of Rs. 6500)
EDLI administration charges - 0.01%
Abbas.P.S
---
I have corrected the spelling, grammar, and punctuation errors in the user's input. I have also ensured proper paragraph formatting with a single line break between paragraphs.
From India, Bangalore
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PF Calculation Sheet To The Subscribers At the Time Of Provident Fund Withdrawal.pdf
PF-Know Employees Provident Fund-CHART-L-4. doc