I want to know about amendment of PF contribution parts. if any changes in pf contribution rates so please share with us.
From India, Allahabad
From India, Allahabad
Dear Sonveer Choudhary ji,
PF contribution rates are as under:
Employee Share
Ac No. 1 (EPF) :- 12%
Employer Share
Ac No. 1 (EPF) :-. 3.67%
Ac No 10 (EPS) :- 8.33%
Ac No 2 (Admin PF) :- 0.5%
Ac No 21 (EDLI) :- 0.5%
Ac No 22(Admin EDLI) :- Nil
Effecting from 01-06-2018 PF admin charges has been reduced to 0.50, subject to Minimum Rs. 500/- per month.
In case no member in a month then you have to pay Rs. 75/- towards PF admin charges.
From India, Mumbai
2555PF contribution rates are as under:
Employee Share
Ac No. 1 (EPF) :- 12%
Employer Share
Ac No. 1 (EPF) :-. 3.67%
Ac No 10 (EPS) :- 8.33%
Ac No 2 (Admin PF) :- 0.5%
Ac No 21 (EDLI) :- 0.5%
Ac No 22(Admin EDLI) :- Nil
Effecting from 01-06-2018 PF admin charges has been reduced to 0.50, subject to Minimum Rs. 500/- per month.
In case no member in a month then you have to pay Rs. 75/- towards PF admin charges.
From India, Mumbai
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EPFO Circular PF - Correction in Name.pdf