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
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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
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From India, Delhi
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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
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Abbas.P.S
From India, Bangalore
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Epfo-circular-2 2-mar-2017-pf-e dli-admin-charg es-reduced-waiv ed-wef-1-apr-20 17.pdf
Interest rate cut to 8.55%, admin charges reduced to 0.5%.jpg