Dear friends,
Are the below details correct?
EPF Contribution Rate A/c No.1 = 12%
EPS Contribution Rate A/c No.10 = 8.33%
Employer EPS Diff A/c No.1 = 3.67%
EPF Admin charges A/c 2 = 0.65%
EDLI Contribution A/c No.21 = 0.50%
EPF Inspection charges A/c No.2 = 0.85%
EDLI Inspection Charges A/c 22 = 0.01%
EDLI Admin charges A/c = 0.005%
Thanks in advance.
Regards,
Rajeev Dixit
From India, Bangalore
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113Are the below details correct?
EPF Contribution Rate A/c No.1 = 12%
EPS Contribution Rate A/c No.10 = 8.33%
Employer EPS Diff A/c No.1 = 3.67%
EPF Admin charges A/c 2 = 0.65%
EDLI Contribution A/c No.21 = 0.50%
EPF Inspection charges A/c No.2 = 0.85%
EDLI Inspection Charges A/c 22 = 0.01%
EDLI Admin charges A/c = 0.005%
Thanks in advance.
Regards,
Rajeev Dixit
From India, Bangalore
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Dear Rajeev,
The updated contribution rates are as follows:
- A/c No 1 PF Contribution: 12% of employee and 3.67% of employer
- A/c No 10 EPS: 8.33%
- A/c No 2 PF Admin: 0.65%
- A/c No 21 EDLI Contribution: 0.50%
Total: 12.00% of employee and 13.15% of employer contribution on basic salary.
Regards,
Manish
From India, Ahmedabad
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The updated contribution rates are as follows:
- A/c No 1 PF Contribution: 12% of employee and 3.67% of employer
- A/c No 10 EPS: 8.33%
- A/c No 2 PF Admin: 0.65%
- A/c No 21 EDLI Contribution: 0.50%
Total: 12.00% of employee and 13.15% of employer contribution on basic salary.
Regards,
Manish
From India, Ahmedabad
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Dear Rajeev Nice compilation for the benefit of members. It seems the admin charges for EDLI have been waived wef 1-4-17.Please check. B.Saikumar HR & Labour relations Adviser Navi mumbai
From India, Mumbai
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From India, Mumbai
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Dear All, Please note that w.e f 01/04/2017 A/C #2 @ 0.65% on EPF Wages or Rs 500/- Whichever is Higher A/C # 22-No sum payable until further Notice
From India, New Delhi
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From India, New Delhi
Acknowledge(1)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
EPF-Circular-da ted-23-May-2011 -Splitting-of-M inimum-Wages-fo r-the-Purpose-o f-PF-Contributi on-Not.pdf
Employee Benefits.doc