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Can an employee receive IDLI benefits only after death or after retirement? Please suggest if there is any upper cap of Rs. 1800 for PF contribution, as 12% of basic + DA but not more than Rs. 1800\.Kindly suggest the calculation.Thanks
Dear Anamika,PF contribution will be deducted on Basic+DA by your employer based on earnings at 12%. Please download EPF Passbook to view the details of remittance to EPF.Thank you.
Hi Aniket Ji,Please find attached annexure regarding EPFO. In the note section, under EPF, point no. 1, please clarify.Thank you.
EDLI benefits are for death cases.The calculation provided in my post is for the amount 21252/-. However, if your employer had capped the contribution to 15000/-, then it will be 1800/- only, irrespective of your basic and DA.
HiThe employer is at liberty to restrict the PF contribution as per the current wage ceiling of Rs.15,000/- even if he pay more than Rs.15,000 (Basic +DA or only basic) In your case the Basic + DA is Rs.21,252/- It is up to you decide whether you want to contrib...
Can EDLI benefits be claimed after retirement too.–-The corrected version with proper spelling, grammar, and paragraph formatting:Can EDLI benefits be claimed after retirement too.
Employee share: 2550Employer share: 2763Pension: 1250Employer PF: 1300EDLI: 106.5Admin charges: 106.5EDLI is the Employee Deposit Linked Insurance scheme where the employee is insured for an amount ranging between 250,000 to 600,000\. This amount depends on a fo...
Kindly let me know which amount of PF shall be contributed if the total pay is Rs 60,600 per month and basic+DA is Rs 21,252\. What shall be the employee's share, EPS share, and ES?What is the benefit under the EDLI Scheme of EPFO?