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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 / dileep

EPF employee contribution :-12%
EPF employer contribution :3.67%
Total:15.67%(Account No.1)

Employers contribution Pension Fund : 8.33% (Account No.10)

Administrative charges on EPF wage @ 0.85% (or)Rs.500/- whichever is high(Account No. 2)

Employee's deposit linked insurance scheme on EPS wage:0.50% (Account No.21)

Administrative charges on EPS wage @ 0.01 (or)Rs.200/-whichever is high(Account No. 21)

Employee deposit linked insurance scheme inspection charges :- 0.005% (or)Rs.200/-whichever is high(Account No. 22)

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