Understanding Revised PF Contribution Rates and Account Allocations

ANIL PANDEY LEGAL
Dear All,

Could someone please let me know how I can access the latest contribution rate? If anyone has this information, kindly share it with me.

With Regards,
Anil Pandey
T V R MAHESH KUMAR
Dear Anil Pandey,

Total Contribution is 25.61%.
PF employee contribution is 12%.
Employer contribution is 13.61%. This will be divided by the below contributions:
- Account No.1 - 12% + 3.67%
- Account No.2 - 0.85%
- Account No.10 - 8.33%
- Account No.2 - 0.50%
- Account No.22 - 0.01%

Note: Recently, Admin Charges were revised from 1.10% to 0.85% (A/C No. 2) w.e.f. January 2015.

Regards,
Mahesh
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute