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