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

amitgp

what is a/c no 1 in pf challan & what is the percentage (12% +3.67%) give me the reason for that? & what is the A/c no 2
16th February 2012 From India, Delhi

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mspatil.hr

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%
17th February 2012 From India, Bangalore

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PF Calc.xls (19.0 KB, 238 views)

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Related Files & Downloads Shared By Members

 EPF-Circular-da ted-23-May-2011 -Splitting-of-M inimum-Wages-fo r-the-Purpose-o f-PF-Contributi on-Not.pdf

 EPF Scheme Guidelines For Implementation Of PMGKY Credit Of Employers And Employee Contribution .pdf

 PF challan.xls

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

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