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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
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.

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