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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 / lokesh h g
A/c 1
Employee contribution = 12%
Employer contribution = 3.67%
A/c 2
Administrative charge = 0.65% or Rs.500/- whichever is more
A/c 10
Pension fund = 8.33%
A/c 21
Contribution of Employer = 0.5%
A/c 22
Administrative charge = 0.01% or Rs.200/- whichever is more.
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