No Tags Found!


hi Mr. Srinivasn,
i have one doubt.
Eg: one of our employee is having BA+DA of rs. 10,000/- and we are contributing to PF on 10000(Rs.1200 being 12% of Rs.10,000/-). and for pension fund we are contributing 8.33% of Rs.6500(i.e. Rs.541) and balance amount goes to Employees PF.
here i have the doubt that, for calculating EDLI, and EdLI administration charges, should we consider Rs.6500 or Rs.10,000.
waiting for early reply

From United States, New York
Acknowledge(0)
Amend(0)

hi Mr. Srinivasn,
i have one doubt.
Eg: one of our employee is having BA+DA of rs. 10,000/- and we are contributing to PF on 10000(Rs.1200 being 12% of Rs.10,000/-). and for pension fund we are contributing 8.33% of Rs.6500(i.e. Rs.541) and balance amount goes to Employees PF.
here i have the doubt that, for calculating EDLI, and EdLI administration charges, should we consider Rs.6500 or Rs.10,000.
waiting for early reply
manoj

From United States, New York
Acknowledge(0)
Amend(0)

Dear Mr. Prasad,
Recently we had a PF inspection at our office. We maintained all the relavant document in clear manner but we are following 50% basic and DA on gross. Pf officer said strictly we have to follow minimum 65-70% then we finally said ok we will follow this eventhough we paid 70000 Rupees for non maintaining 70% on gross, they asked 140000 but we paid 700000 with the help pf enforcement officer. for example if you ask there is any rule for 70% simply they say there is no rule but they will catch you some other way. Now we restructured all the basic things like 60% basic. So try to formulate 60% of basic on gross. There is no way to escape from PF official this is my real time experience.

From India
Acknowledge(0)
Amend(0)

Even if EPF is contributed on Rs 10000, EDLI (like EPS) is contributed on a salary of Rs 6500 only. Similarly administrative charges on EDLI is alos calculated on Rs 6500. Regards, Madhu.T.K
From India, Kannur
Acknowledge(0)
Amend(0)

Mr.Kumar,in my opinion the admin charges on PF &EDLI is calculated on earned basic+da # pf wages# but not on total gross salary which can prove to be huge burden on employers contribution Kareem
From India, Calcutta
Acknowledge(0)
Amend(0)

Dear friends,
Thank u all for your responses and the suggestions. I am sorry for the late reply as it happened to see just now when I spotted the replies under my subscribed discussions.
Best wishes!
Regards,
Prasad

From India, Bangalore
Acknowledge(0)
Amend(0)

Dear All,

According to my observation, the bifurcation of the gross amount will be as follows:
- Basic+DA: 50% of gross
- HRA: 20% of gross
- CONVEYANCE: 6% of gross
- MEDICAL: 10% of gross
- EDUCATION: 1%
- OTHER ALLOWANCES: 13% of gross

Please correct me if I am wrong. I have a question for all my seniors - how should a bonus be shown in the salary statement? I learned that the bonus percentage will be 8.33% of 3500 or Rs. 100, whichever is more. Kindly assist me.

Thanks,
Ritu Sinha
KCPL

From India, Mumbai
Acknowledge(0)
Amend(0)

Hi, can someone help? An employee in her agreement is mentioned a 35000 in-hand salary. We paid her 35000 without TDS deductions as the company was newly formed in September 2012. She is terminated due to some reasons by me. Now she argues on a gross salary of 38500 as I don't fall under TDS deduction as an employee. If crossing 2 lacs, then the TDS deduction starts. How can I counterattack this employee?
From India, Mumbai
Acknowledge(0)
Amend(0)

You are wrong, Kumar.

Admin charges on PF are calculated based on Basic + DA used for the calculation of PF contribution. Administration charges on EDLI are calculated on 6500 or Basic + DA, whichever is less. Admin charges are not calculated on the gross salary. Why should the employer pay simply on a higher salary without getting any benefits like an increase in life insurance or an increase in pensions?


From United States, New York
Acknowledge(0)
Amend(0)

HI frnds im fresher i need your assistance i want to know if one person salary is 20000 per month how to caliculate basic da hra
From India, Visakhapatnam
Acknowledge(0)
Amend(0)

Engage with peers to discuss and resolve work and business challenges collaboratively - share and document your knowledge. Our AI-powered platform, features real-time fact-checking, peer reviews, and an extensive historical knowledge base. - Join & Be Part Of Our Community.






Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2025 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.