Kindly confirm that we calculate pf monthly return correct or Incorrect as below :
Employee share 12% of EPF wages
Employer share 3.67% contribute to EPF
Employer share 8.33% as EPS(Pension Contribution)(PF Wage Ceiling 15000/-)
Admin Charge 0.85 on EPF Wages
EDLI 0.50 on EPS Wages
Admin Charege on EDLI 0.01% (Minimum 200/-)
Is EDLI calculated on EPS wages or EPF Wages kindly confirm?
Thanks
Manu
From India, Indore
7Employee share 12% of EPF wages
Employer share 3.67% contribute to EPF
Employer share 8.33% as EPS(Pension Contribution)(PF Wage Ceiling 15000/-)
Admin Charge 0.85 on EPF Wages
EDLI 0.50 on EPS Wages
Admin Charege on EDLI 0.01% (Minimum 200/-)
Is EDLI calculated on EPS wages or EPF Wages kindly confirm?
Thanks
Manu
From India, Indore
Dear Manu, EDLI contribution is 0.5% of wages subject to a wage ceiling of Rs. 15000. Abbas.P.S
From India, Bangalore
From India, Bangalore
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New ABP return for PF 20.1.10.pdf