Delivered Provident Fund Deductions

Global Payroll for India delivers the following elements to process provident funds:

Deduction Description

PF

Use to calculate the employee's provident fund contribution.

PF VOL

Use to calculate the employee's voluntary provident fund contribution.

PF ER

Use to calculate the employer's provident fund contribution.

PF ER PEN

Use to calculate the applicable percentage of the Employer contribution.

PF ER ADMIN

Use to calculate the employer's provident fund administration charge.

PF ER EDLI

Use to calculate the employer's EDLIS contribution.

PF ER EDLIA

Use to calculate the employer's EDLIS administration charge.