Dear All Cite HR readers,
Please specify the payment calculation of EDLI and Admin charges for an exempted establishment. Should it be calculated based on total wages or the ceiling limit?
Kindly reply at the earliest.
Thanks & Regards,
Debajit Roy
Officer HR
Email: debajeetroy@gmail.com
From India, Mumbai
Acknowledge(0)
Amend(0)
18Please specify the payment calculation of EDLI and Admin charges for an exempted establishment. Should it be calculated based on total wages or the ceiling limit?
Kindly reply at the earliest.
Thanks & Regards,
Debajit Roy
Officer HR
Email: debajeetroy@gmail.com
From India, Mumbai
Acknowledge(0)Amend(0)
EDLI for exempted establishment is 0.001% same for unexmpted one is 0.01%,however admin charge is same for exempted & unexempted one i.e-1.01%
From India, Delhi
Acknowledge(0)Amend(0)
From India, Delhi
Acknowledge(0)Amend(0)
EDLI has to be paid on the consolidated salary of applicable employees, subject to the individual salary ceiling of Rs. 6500, i.e., the total salary will not be taken into account. This clause is common to both exempted and non-exempt organizations.
Abbas.P.S
From India, Bangalore
Acknowledge(0)Amend(0)
Abbas.P.S
From India, Bangalore
Acknowledge(0)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.
Epfo-circular-2 2-mar-2017-pf-e dli-admin-charg es-reduced-waiv ed-wef-1-apr-20 17.pdf