Regarding Pf Deduction - Doc Download

Rajeshpandeylms
Hello,
i want to know that what is the procedure of PF Deduction
anil.arora
Mr. Rajesh,
You can use reSearch option for this as there are lots of material available on the same topic and also can get the same by going thru the post located at the sidebar of this page under "Similar Topic".
https://www.citehr.com/354118-query-...-employer.html
https://www.citehr.com/292753-pf-deduction.html
https://www.citehr.com/111517-pf-esi...ion-rules.html
vedvert
what is E.D.L.I and how to get claim and what percent claim we get if our service is 1 year or less than 1 year. & what is the maximum amount of claim we can get after how many year of service
vedvert
how can we get benefit under E.D. L. I. and what is the maximum limit of E.D.L.I. and what is the percentage of getting benefit under E.D.L.I. Scheme. if service of an employee is less than 1 year then how much benefit he can get under E.D.L.I. Scheme.
anil.arora
Employees Deposit linked insurance (EDLI) scheme which comes under Employer head who contribute 13.61% share toward the employee benefits. According the the rule laid down by the Govt/ as per the act, Employer will contribute 0.50% share under EDLI A/c 21 and 0.01% share under EDLI A/c 22 alongwith other administrative charges.. for complete details, please go thru the attached document where you will get the complete details
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vedvert
Thanks for your valuable Sugestion being provided to me
but i want to know how much benefit we can get under EDLI Scheme and what is the percentage of getting benefit after the death of an employee
Vedvert Dalal (Executive HR)
jibiteshpraharaj@gmail.com
Dear all,
Thanx a lot for your valuable suggestion.anyway i must say that sharing your knowledge through this site is enhanceing the knowledges of all the users am also learning so many things from u all. so, pls. be share ur experience continuously.so,thanx again nd wish u a very very happy nd prosperous new year.
Jibitesh...
abbasiti
There are two types of calculation.
Calculation A
1. Determination of Deposit.
Average of deposit of last twelve months as well as total service, will be calculated and whichever is less being taken for the calculation.
2. Determination of Compensation.
Upto Rs. 50,000/- he will get actual. Beyond first 50,000/- he will get 40% of the rest; subject to ceiling of Rs. 100,000/-.
Eg. a) Deposit Rs. 100,000
For 1st 50000 - 50000, Next 50000 - 20000
Total - Rs. 70,000 (will get full amount as it is not more than 100,000).
Eg. b) Deposit Rs. 200,000
For 1st 50000 - 50000, Next 150,000 - 60000
Total - Rs. 110000 (will get Rs.100,000 only as it ecxeeds 100,000).
Calculation B
20 times of salary subject to a salary ceiling of Rs. 6500. Accordingly ceiling of EDLI amount will be 20 x 6500 = Rs. 1,30,000.
Out of the above A & B, whichever is high will be paid.
Abbas.P.S
rjat
E.D.L.I is nothing but (employees deposited link insurance scheme).its kind of insurance,its part of EPF&MP 1952 Act.its kind of insurance provide to employees whom covered under said act. you can not get any amount because it is provided after death to their repected person as said under the act.The maximum amount which is to be given is 1,30,000 ruppes..it has been updated in recent time.
Regard's
RAHUL JAT.
scopeknowledge
kindly help for ESIC forms & numbers and description for what are the purposes of that forms?
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