Respected seniors, I have one query regarding the deduction of Admin (1.1%), EDLI (0.5%), and EDLI (0.01%) Admin charges. Please let me know on which amount these respected charges will be calculated.
Employee Details and Contributions
Emp D.O.J. Basic salary EPF Salary EPF (12%) EPS Salary EPS (8.33%) Diff EPF-EPS
A 01-12-2013 10000 10000 1200 10000 833 367
B 01-01-2014 16000 15000 1800 15000 1250 550
C 01-02-2014 20000 20000 2400 15000 1250 550 (Voluntary PF)
D 01-05-2014 18000 15000 1800 0 0 1800
TOTAL 64000 60000 7200 40000 3333 3267
Employee C is contributing 20000 voluntarily, but the employer's share is 15000. Employee D joined after 01.04.2014 and was not a member of PF earlier, so EPS was not deducted.
Thank you for your help in this matter.
Employee Details and Contributions
Emp D.O.J. Basic salary EPF Salary EPF (12%) EPS Salary EPS (8.33%) Diff EPF-EPS
A 01-12-2013 10000 10000 1200 10000 833 367
B 01-01-2014 16000 15000 1800 15000 1250 550
C 01-02-2014 20000 20000 2400 15000 1250 550 (Voluntary PF)
D 01-05-2014 18000 15000 1800 0 0 1800
TOTAL 64000 60000 7200 40000 3333 3267
Employee C is contributing 20000 voluntarily, but the employer's share is 15000. Employee D joined after 01.04.2014 and was not a member of PF earlier, so EPS was not deducted.
Thank you for your help in this matter.