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Pay reduced PF administrative charges

Corporate Laws / Banking / SEBI / LLP - By: - Sudhir Goyal - Dated:- 18-3-2015 Last Replied Date:- 30-12-1899 - Reduction in Rate of Administrative Charges from 1.10°/o to 0.85°/o of the pay: The Government of India issues notification No. S. .....

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nistrative charges under the Employees Provident Funds Scheme, 1952. The changes will be effective from 1 January 2015 so administration charges payable upto 31.12.2014 will be levied at old rate. EPFO (Employees Provident Fund Organisation) has cut .....

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d S.O. 324(E) both dated 02.02.2015. According to the notification, the minimum monthly administrative charges will be ₹ 25 for every non-functional firm having no (PF) contributing member and ₹ 200 for any other establishments. Summarise .....

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