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Rates of contribution of EPF, EPS, EDLI, Admin charges in India

Employees’ Provident Fund- Contribution Rate

The EPF & MP Act, 1952 was enacted by Parliament and came into force with effect from 4th March, 1952. A series of legislative interventions were made in this direction, including the Employees’ Provident Funds & Miscellaneous Provisions Act, 1952. Presently, the following three schemes are in operation under the Acts:

1. Employees’ Provident Fund Scheme, (EPS) 1952

2. Employees’ Deposit Linked Insurance Scheme, (EDILS) 1976

3. Employees’ Pension Scheme, 1995 (replacing the Employees’ Family Pension Scheme, 1971)(EPS)

Table below gives the rates of contribution of EPF, EPS, EDLI, Admin charges in India.

 Scheme Name Employee contribution Employer contribution
 Employee provident fund (A/C 1) 12% 3.67%
 Employees’ Pension scheme (A/C 10) 0 8.33%
Employees Deposit linked insurance (A/C 21) 0 0.50%
 EPF Administrative  charges (A/C 2) 0 0.65% (From 01/04/2017 Previous-0.85% from Jan 2015) or min Rs. 500/-
 EDLIS Administrative charges (A/C-22) 0 0.01%  or min Rs. 200/-
                                TOTAL 12% 13.16%
Categories: Corporate Law

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