Should We Calculate EDLI Admin Charges (PF Related) On Total EDLI Wages Of The Company Or On The Individual Contribution Of The Member ?

shivanandavds
I agree with Srinath,
All the details clearly mentioned in the portal itself, i got some details from the web i have furnished below for better understanding.....
UNDER EDLI:
1. Contribution to be paid on up to maximum wage ceiling of 15000/- even if PF is paid on higher wages.
2. Each contribution is to be rounded to nearest rupee. (Example for each employee getting wages
above 15000, amount will be 75/-)
3. EDLI contribution to be paid even if member has crossed 58 years age and pension contribution is
not payable. This is to be paid as long as the member is in service and PF is being paid.
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