PROPOSAL FOR REGISTRATION OF

EMPLOYEES WITH EOBI

COMPANY NAME: ABC Ltd. NO. OF EMPLOYEES: 100

CONTRIBUTION RATE:

By Employer: 5% By Employee: 1%

INCOME\WAGE SCALE & AMOUNT:

• 10 % of employees: Rs. 50, 000 – Rs.500, 000

• 15 % of employees: Rs. 35, 000 – Rs.525, 000
• 25 % of employees: Rs. 20, 000. – Rs.500, 000
• 50 % of employees: Rs. 7, 000. – Rs.175, 000

Total Income Paid Rs.2, 200, 000/-

IN CASE OF PENALTY:

2% is implied upon total contribution paid of an employee in every

preceding non-paid month but penalty can at maximum reach up to 50% of
total contribution of a month.

TOTAL CONTRIBUTION PAID FOR:

• 10 % of employees: Rs. 30, 000.

• 15 % of employees: Rs. 31, 500.
• 25 % of employees: Rs. 60, 000.
• 50 % of employees: Rs. 10, 500.

By Employer Rs.110,000/-
By Employee Rs. 22 ,000/-

Total Amount Paid Rs.132, 000/-