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skanthahyd (proprietor)     28 January 2010

pf act

Dear Experts,

administration charges of PF fund are to be deducted on pf amount of employee or on the gross of the employee?

 administration charges of EDLI are to be deducted on pf amount of employee or on the gross of the employee?

 



Learning

 2 Replies

Khusboo Verma (assistant)     29 January 2010

Administrative Charges: An employer is required to pay administrative charges at 1.10% of emoluments towards provident fund charges and 0.01% towards EDLI Scheme 1976. No separate administrative charges for pension scheme

Asha Pole (Legal)     29 January 2010

Administration charges are borne by the employer and they are not to be deducted from employee's salary.


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