CA Final Download the best Free CA FINAL android app for cracking your exam! Download Now

Revised Rate Of PF in various Accounts

Revised Rate Of PF in various Accounts

Revised Rate Of PF in various Accounts,check out here

The Ministry of Labour and Employment, Government of India, has issued a notificationNo. S.O. 323(E) and S.O. 324(E) both dated 02.02.2015, to revise the rate of administrative charges under the Employees’ Provident Funds Scheme, 1952. New charges will be effective from 1st January 2015.

And according to the notification, the minimum monthly administrative charges will be Rs 25 for every non-functional firm having no (PF) contributing member and Rs 200 for any other establishments.

Revised Rate Of PF in various Accounts,check out here

Summarised Table of PF rates

Various accounts of PF ChallanOLD RateNew rates W.e.f 1-Jan-15
EmployeeEmployerEmployeeEmployer
A/c No 1: PF contribution Account12%3.67%12%3.67%
A/c No 2: PF Admin account1.10%0.85%
A/c No 10: EPS account8.33%8.33%
A/c No 21: EDLIS accounto.50%o.50%
A/c No 22: EDLIS admin account0.01%0.01%
Net Rate12%13.61%*12%13.36%*

*Additional contribution by employer has to pay is: 1.36 (old 1.61%) of basic.

For more details visit www.cakart.in

cakartAt CAKART (www.cakart.in) you will get everything that you need to be successful in your CA CS CMA exam – India’s best faculty video classes (online or in pen drive), most popular books of best authors (ebooks, hard copies), best scanners and all exam related information and notifications. Visit www.cakart.inand chat with our counsellors any time. We are happy to help you make successful in your exams.

1 comments
  1. sumit says:

    help

Leave a comment

Your email address will not be published. Required fields are marked *