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

Answer Posted / nehru kumar

A/C 1 (Provident Fund Employee's Contribution @ 12%)
A/C 1 (Provident Fund Employer's contribution @ 3.67%)

A/C 2 (Administration Charges @ 0.85% or (minimum) Rs.500/- whichever is more)

A/C 10 (Pension Fund Employer's Contribution @ 8.33%)

A/C 21 (Employee's Deposit Linked Insurance Employer's Contribution @ 0.50%)

A/C 22 (Administration Charges @ 0.01% or (minimum) Rs.200/- whichever is more)

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