How to Transition Employer's PF Contribution from Fixed Amount to 12% of Basic?

JayanthiKaran
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
khatke_pritam@yahoo.co.in
Can anyone tell me what the exact bifurcation of 13.61% (with account number) of the employer's contribution to PF is?

Regards,
Pritam
abbasiti
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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