sonveer chaudhary
I want to know about amendment of PF contribution parts. if any changes in pf contribution rates so please share with us.
From India, Allahabad
korgaonkar k a
2556

Dear Sonveer Choudhary ji,
PF contribution rates are as under:
Employee Share
Ac No. 1 (EPF) :- 12%
Employer Share
Ac No. 1 (EPF) :-. 3.67%
Ac No 10 (EPS) :- 8.33%
Ac No 2 (Admin PF) :- 0.5%
Ac No 21 (EDLI) :- 0.5%
Ac No 22(Admin EDLI) :- Nil
Effecting from 01-06-2018 PF admin charges has been reduced to 0.50, subject to Minimum Rs. 500/- per month.
In case no member in a month then you have to pay Rs. 75/- towards PF admin charges.

From India, Mumbai
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