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PRESENT RATES OF CONTRIBUTION

4 Apr    Labour Laws
Apr 4

PRESENT RATES OF CONTRIBUTION

10% rate is applicable for
 Any establishment in which less than 20 employees are employed.
 Any sick industrial company and which has been declared as such by the Board for Industrial and Financial
Reconstruction
 Any establishment which has at the end of any financial year, accumulated losses equal to or exceeding
its entire net worth and

Any establishment in following industries:-
(a) Jute (b) Beedi (c) Brick (d) Coir and (e) Guar gum Factories.

## Contribution is rounded to the nearest rupee for each employee, for the employee share, pension contribution
and EDLI contribution. The Employer Share is difference of the EE Share (payable as per statute) and Pension
Contribution.
!! Monthly payable amount under EPF Administrative charges is rounded to the nearest rupee and a minimum
of Rs 500/- is payable. Note:- If the establishment has no contributory member in the month, the minimum
administrative charge will be Rs 75/-
@@ In case Establishment is exempted under PF Scheme, Inspection charges @0.18%, minimum Rs 5/- is
payable in place of Admin charges. In case the Establishment is exempted under EDLI Scheme, Inspection charges
@ 0.005%, minimum Re 1/- is payable in place of Admin charges.