Hello, i want to know that what is the procedure of PF Deduction
From India, Delhi
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From India, Delhi
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Mr. Rajesh,
You can use the research option for this as there is a lot of material available on the same topic. You can also find similar information by checking the posts located in the sidebar of this page under "Similar Topic."
- [Query EPF Deduction Employer](https://www.citehr.com/354118-query-epf-deduction-employer.html)
- [PF Deduction](https://www.citehr.com/292753-pf-deduction.html)
- [PF ESI Deduction Rules](https://www.citehr.com/111517-pf-esi-deduction-rules.html)
From India, Gurgaon
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671You can use the research option for this as there is a lot of material available on the same topic. You can also find similar information by checking the posts located in the sidebar of this page under "Similar Topic."
- [Query EPF Deduction Employer](https://www.citehr.com/354118-query-epf-deduction-employer.html)
- [PF Deduction](https://www.citehr.com/292753-pf-deduction.html)
- [PF ESI Deduction Rules](https://www.citehr.com/111517-pf-esi-deduction-rules.html)
From India, Gurgaon
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what is E.D.L.I and how to get claim and what percent claim we get if our service is 1 year or less than 1 year. & what is the maximum amount of claim we can get after how many year of service
From India, Rohtak
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From India, Rohtak
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How can we benefit under EDLI, and what is the maximum limit of EDLI? Also, what is the percentage of benefit under the EDLI scheme? If the service of an employee is less than 1 year, how much benefit can he receive under the EDLI scheme?
From India, Rohtak
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From India, Rohtak
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Employees' Deposit-linked Insurance (EDLI) scheme comes under the Employer's purview, who contributes a 13.61% share towards employee benefits. According to the rules set by the government, the Employer will contribute a 0.50% share under EDLI A/c 21 and a 0.01% share under EDLI A/c 22 along with other administrative charges. For complete details, please refer to the attached document for comprehensive information.
From India, Gurgaon
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From India, Gurgaon
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Dear all,
Thank you all for your valuable suggestions. I must say that sharing your knowledge through this site enhances the knowledge of all users. I am also learning many things from you all, so please continue to share your experiences. Thank you again and wish you a very happy and prosperous New Year.
Jibitesh
From India, Gurgaon
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Thank you all for your valuable suggestions. I must say that sharing your knowledge through this site enhances the knowledge of all users. I am also learning many things from you all, so please continue to share your experiences. Thank you again and wish you a very happy and prosperous New Year.
Jibitesh
From India, Gurgaon
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There are two types of calculations.
Calculation A
1. Determination of Deposit:
The average deposit of the last twelve months and total service will be calculated, and whichever is lesser will be taken for the calculation.
2. Determination of Compensation:
Up to Rs. 50,000/-, the individual will receive the actual amount. Beyond the initial Rs. 50,000/-, they will receive 40% of the remainder, subject to a ceiling of Rs. 100,000/-.
Example a:
Deposit Rs. 100,000
For the first 50,000 - 50,000, Next 50,000 - 20,000
Total - Rs. 70,000 (will receive the full amount as it does not exceed 100,000).
Example b:
Deposit Rs. 200,000
For the first 50,000 - 50,000, Next 150,000 - 60,000
Total - Rs. 110,000 (will receive Rs. 100,000 only as it exceeds 100,000).
Calculation B:
The amount will be 20 times the salary, subject to a salary ceiling of Rs. 6,500. Therefore, the ceiling for the EDLI amount will be 20 x 6,500 = Rs. 130,000.
Out of the options A and B, the higher amount will be paid.
Abbas.P.S
From India, Bangalore
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Calculation A
1. Determination of Deposit:
The average deposit of the last twelve months and total service will be calculated, and whichever is lesser will be taken for the calculation.
2. Determination of Compensation:
Up to Rs. 50,000/-, the individual will receive the actual amount. Beyond the initial Rs. 50,000/-, they will receive 40% of the remainder, subject to a ceiling of Rs. 100,000/-.
Example a:
Deposit Rs. 100,000
For the first 50,000 - 50,000, Next 50,000 - 20,000
Total - Rs. 70,000 (will receive the full amount as it does not exceed 100,000).
Example b:
Deposit Rs. 200,000
For the first 50,000 - 50,000, Next 150,000 - 60,000
Total - Rs. 110,000 (will receive Rs. 100,000 only as it exceeds 100,000).
Calculation B:
The amount will be 20 times the salary, subject to a salary ceiling of Rs. 6,500. Therefore, the ceiling for the EDLI amount will be 20 x 6,500 = Rs. 130,000.
Out of the options A and B, the higher amount will be paid.
Abbas.P.S
From India, Bangalore
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kindly help for ESIC forms & numbers and description for what are the purposes of that forms?
From India, Madras
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From India, Madras
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these are some pf ofrms. can anybody guide me how an organisation open new pf a/c.
From India, Bangalore
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From India, Bangalore
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Dear Sir,
Could you please provide me with a scanned copy of the latest notification under the EDLI Scheme, wherein the maximum amount has been increased from 1,00,000 to 1,30,000? I would be very grateful.
With Regards,
Vedvert Dalal
9813522214
From India, Rohtak
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Could you please provide me with a scanned copy of the latest notification under the EDLI Scheme, wherein the maximum amount has been increased from 1,00,000 to 1,30,000? I would be very grateful.
With Regards,
Vedvert Dalal
9813522214
From India, Rohtak
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dear sir, how to new company registered in epfo. give us advise. regards, manoj kshirsagar labour officer dhule
From India, Dhule
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From India, Dhule
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Dear Friends , I want to know y PF office requires ASR Form for the final settelment of PF & and what actualy ASR form is ? Regards Sarang
From India, Mumbai
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From India, Mumbai
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