EDLI & Administrative Charges
This query is : Resolved
14 September 2008
If a person has a basic pay of Rs.3000, DA Rs.300 & Other allowances & perquisites Rs.1700, can u explain me how to calculate EDLI & Administrative charges on PF & ESI? The current rates of PF is 12%, Employer's contribution to EDLI @ 0.5%, Admin. Charges @ 1.10% of emoluments towards PF & Admin. Charges @ 0.01% towards EDLI.
15 September 2008
PF 12% on (3000 + 300) = 396
EDLI 0.5% (3000 + 300) = 17
Admin Charges 1.10% (3000 + 300) = 36
PF Admin Charges is subject to some minimum charges. (I will revert back soon for this)
For ESI there is no admin charges. Contribution to be deducted from the employee(@1.75%) and paid by the employer (4.75%) on entire salary. (i.e 3000+300+1700 = 5000) it is subject to ceiling of Rs.10000/-
EDLI 0.5% (3000 + 300) = 17
Admin Charges 1.10% (3000 + 300) = 36
PF Admin Charges is subject to some minimum charges. (I will revert back soon for this)
For ESI there is no admin charges. Contribution to be deducted from the employee(@1.75%) and paid by the employer (4.75%) on entire salary. (i.e 3000+300+1700 = 5000) it is subject to ceiling of Rs.10000/-
Message likes :
1 times
16 September 2008
So does the term "Employer's Contribution to PF" comprise all of employer's contribution, EDLI & Admin. Charges?
16 September 2008
yes it comprises all
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
