Sir, Can anyone please share the process of the contribution of the Provident Fund? What do A/C.01, A/C.02, A/C.10, A/C.21 & A/C.22 stand for?
From India, Warangal
7From India, Warangal
Account Number 1: It consists 12% of employee PF contribution and 3.67% of employer contribution. Account Number 21 : It consists 0.5% EDLI (Employee Deposite Linked Insurance) charges. Account Number 22 : It consists 0.01% EDLI administration charges.Account 10: This is a section where contributions to pension funds are mentioned.
From India, New Delhi
From India, New Delhi
Hi, please refer the following A/C No.2 : PF Admin account Employer contribution 0.5%
From India, Madras
From India, Madras
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