what is the meaning of A/C 1, A/C 20, A/C 21, A/C 22 in PF

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what is the meaning of A/C 1, A/C 20, A/C 21, A/C 22 in PF..

Answer / rakesh

A/c. No.1
Contribution of Employee – 12%
Contribution of Employer – 3.67%
A/c. No.2
Administrative charges – 0.5%

A/c. No.10
Contribution of 8.33%
A/c No.21
Contribution of Employer – 0.5%

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what is the meaning of A/C 1, A/C 20, A/C 21, A/C 22 in PF..

Answer / santosh mishra

A/c 1
Employee contribution = 12%
Employer contribution = 3.67%
Total= 15.67%
A/c 10
Pension fund = 8.33%
A/c 2
Administrative charge = 0.85% or(minimum)Rs.500- whichever is more
A/c 21
Contribution of Employer = 0.5%
A/c 22
Administrative charge = 0.01% or(minimum)Rs.200/- whichever is more.

Is This Answer Correct ? 81 Yes 21 No

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what is the meaning of A/C 1, A/C 20, A/C 21, A/C 22 in PF..

Answer / jana

Yes

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what is the meaning of A/C 1, A/C 20, A/C 21, A/C 22 in PF..

Answer / teja

A/C No:1
Employee share:12%
Employer Share:3.67%
A/C No:2
Admin Charges:0.5%
A/C No:10
Employee Pension Scheme Contribution:8.33%
A/C No:21
Admin Charges:0.5%
A/C No:22
EDLI Charges

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what is the meaning of A/C 1, A/C 20, A/C 21, A/C 22 in PF..

Answer / kishore reddy

A/c. No.1
Contribution of Employee – 12%
Contribution of Employer – 3.67%
A/c. No.2
Administrative charges – 0.5% (On employee Basic + DA) By the Employer.
A/c. No.10
Contribution of 8.33%(Pension Fund)
A/c No.21
Contribution of Employer – 0.5%
A/c.No.22
Administrative charges – 0.0%

Is This Answer Correct ?    0 Yes 0 No

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