Hi All
The Ministry of Labour and Employment, through Notification dated 2nd February, 2015, has notified that there will be reduction in rate of Administrative Charges from 1.10% to 0.85% of the pay. The Employees' Provident Fund Organisation (EPFO) has stated that the notifications may be applied from 1st January, 2015.
Regards!!
Prakash Tiwari
From India, Delhi
6The Ministry of Labour and Employment, through Notification dated 2nd February, 2015, has notified that there will be reduction in rate of Administrative Charges from 1.10% to 0.85% of the pay. The Employees' Provident Fund Organisation (EPFO) has stated that the notifications may be applied from 1st January, 2015.
Regards!!
Prakash Tiwari
From India, Delhi
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Reduction of PF Admin Charges.pdf