Abbasiti
Assistant Engineer, Indian Telephone Industries,
Mailnikhil
Service

Dear all , What are EDLI contribution by employer? Nikhil
From India, Delhi
Dear Nikhil,
Towards EDLI, employer has to contribute 0.5%. In addition an administrtion charge of 0.01 is also to be remitted.
The above payments are restricted to a salary ceiling of Rs. 6500. As the calculation is on central pooling basis, don't calculate individually. Arrive the consolidated salary (subject to a ceiling of Rs. 6500 for each) of applicable employees and find the corresponding percentages. But for exempted cases, i.e in lieu of EDLI; instead of the above administration charges an inspection charge of 0.005% is applicable.
Vide GSR 523 (E) dated 18.6.2010, EDLI ceiling limit was enhanced from Rs. 60,000 to 1,00,000. But the 190th meeting of Central Board of Trustees (EPF) chaired by Union Minister for Labour & Employment on 15.9.2010 has decided to enhance the EDLI limit further to Rs. 1,30,000, which is equivalent to 20 times of the existing salary ceiling of RS. 6500.
Abbas.P.S

From India, Bangalore
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