Dear Consultants,
Employees above 58 years of age do not contribute to Pension fund. As such, the portion of Employer's PF contribution in respect of these employees goes 100% to PF & 0% to pension fund. In Form No-12A, we have No of employees contributing to PF, Pension & EDLI. Here also I expect the system to show the exact no of employees. i.e. All employees in PF but reduce employees above the age of 58 years for Employees contributing to Pension. Currently it is showing the same figure in all 3 places.
Please advise..
Regards
Bindumadhav