Process of contribution of Provident Fund - What do A/C.01, A/C.02, A/C.10, A/C.21 & A/C.22 stand for?

Sir, Can anyone please share the process of the contribution of the Provident Fund?

What do A/C.01, A/C.02, A/C.10, A/C.21 & A/C.22 stand for?

Account Number 1: It consists 12% of employee PF contribution and 3.67% of employer contribution. Account Number 21 : It consists 0.5% EDLI (Employee Deposite Linked Insurance) charges. Account Number 22 : It consists 0.01% EDLI administration charges.Account 10: This is a section where contributions to pension funds are mentioned.

Gurupada Ji

What about A/C.02 ???

Hi,

please refer the following

A/C No.2 : PF Admin account Employer contribution 0.5%

Now there are no Admn. Charges on EDLI.

Sitaramsn Ji

Now there are no Admn. Charges on EDLI, falls under which A/C.??????

A/c No. 2 is for EPF Admn. Charges. If you see the challan A/c No. 22 will be blank or 0.