Dear All,
Please clarify on which amount EDLI @ .5% i s to be calculated while remitting PF amount.
Whether Gross earnings for PF contribution @ 12% and EDLI .5% are same.
Regards,
S.V.Ramana.
Dear All,
Please clarify on which amount EDLI @ .5% i s to be calculated while remitting PF amount.
Whether Gross earnings for PF contribution @ 12% and EDLI .5% are same.
Regards,
S.V.Ramana.
The gross earning on which amount EDLI @ .5% i s to be calculated while remitting PF amount is Rs. 6500/- or the gross earnning whichever is less. The same Gross earning is taken as the base for calculating the amount of Pension portion @ 8.33%.
EDLI contribution only paid by Employer max limit of 6500/- (Basic +DA) @ .5%
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