what is the meaning of A/C 1, A/C 20, A/C 21, A/C 22 in PF
Answer Posted / naren kumar ranasingh
Employee contribution = 12%
Employer contribution = 3.67%
Administrative charge = 0.85% or Rs.500/- whichever is more
Pension fund = 8.33%
Contribution of Employer = 0.5%
Administrative charge = 0.01% or Rs.200/- whichever is more.
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