Understanding PF Challan: What Do A/C No. 1 and A/C No. 2 Mean and Why Are They Important?

Understanding A/C No. 1 in PF Challan

What is A/C No. 1 in the PF challan, and what is the percentage (12% + 3.67%)? Please provide the reason for this.

Clarification on A/C No. 2

What is A/C No. 2?

Please find the attached file below:

Calculation of EPF Contribution

A/c Nos Employee Share Employer Share Remarks
1 12% 3.67% EPF a/c
2 1.10% EPF Admin Charges
10 8.33% Pension A/c
21 0.50% EDLI
22 0.01% EDLI Admin Charges

Total 12% 13.61%