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what is the meaning of A/C 1, A/C 20, A/C 21, A/C 22 in PF
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Answer Posted / dileep
EPF employee contribution :-12%
EPF employer contribution :3.67%
Total:15.67%(Account No.1)
Employers contribution Pension Fund : 8.33% (Account No.10)
Administrative charges on EPF wage @ 0.85% (or)Rs.500/- whichever is high(Account No. 2)
Employee's deposit linked insurance scheme on EPS wage:0.50% (Account No.21)
Administrative charges on EPS wage @ 0.01 (or)Rs.200/-whichever is high(Account No. 21)
Employee deposit linked insurance scheme inspection charges :- 0.005% (or)Rs.200/-whichever is high(Account No. 22)
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