UNDER EPF:

 The contributions are payable on maximum wage ceiling of Rs 15000/- by employee and employer.

 The employee can pay at a higher rate and in such case employer is not under any obligation to pay at such higher rate.

 To pay contribution on higher wages, a joint request from Employee and employer is required. In such case employer has to pay administrative charges on the higher wages (wages above 15000/-)

 For an International Worker, wage ceiling of 15000/- is not applicable

 

10% rate is applicable for

 Any establishment in which less than 20 employees are employed.

 Any sick industrial company and which has been declared as such by the Board for Industrial and Financial Reconstruction

 Any establishment which has at the end of any financial year, accumulated losses equal to or exceeding its entire net worth and

 Any establishment in following industries:- (a) Jute (b) Beedi (c) Brick ( d) Coir and (e) Guar gum Factories.

 

Monthly payable amount under EPF Administrative charges is rounded to the nearest rupee and a minimum of Rs 500/- is payable. If the establishment has no contributory member in the month, the minimum administrative charge will be Rs 75/-

Monthly payable amount under EDLI Administrative charges is rounded to the nearest rupee and a minimum Rs 200/-is payable. – If the establishment has no contributory member in the month, the minimum administrative charge will be Rs 25/-

 

UNDER EPS:

 Contribution is payable out of the employer’s share of PF and no contribution is payable by employee.

 Pension contribution not to be paid: When an employee crosses 58 years of age and is in service (EPS members ceases on completion of 58 years).

 

UNDER EDLI:  Contribution to be paid on up to maximum wage ceiling of 15000/- even if PF is paid on higher wages.