Hello, sir. If I am not mistaken, the rates have changed again with effect from 01.04.2017.
In account number 02, it is 0.65% or 500/-, whichever is higher.
In account number 21, it is 0.50%, the same as earlier.
In account number 22, it is NIL.
I hope this information is correct. Please correct me if I am mistaken.
**Location**: Delhi, India
epfo admin charges, City-India-Delhi, Country-India
From India, Delhi
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3In account number 02, it is 0.65% or 500/-, whichever is higher.
In account number 21, it is 0.50%, the same as earlier.
In account number 22, it is NIL.
I hope this information is correct. Please correct me if I am mistaken.
**Location**: Delhi, India
epfo admin charges, City-India-Delhi, Country-India
From India, Delhi
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EPFO Admin Charges Revision w.e.f. 01.04.2017
The information provided is accurate regarding the EPFO admin charges revision effective from 1st April 2017. Here is a breakdown of the changes in the admin charges for different accounts:
- Account Number 02: The admin charges are now set at 0.65% of the wages or INR 500, whichever amount is higher.
- Account Number 21: The admin charges remain unchanged at 0.50% of the wages.
- Account Number 22: There are no admin charges applicable for this account.
These revisions are in line with the EPFO's updated policies and aim to streamline the administration of provident fund accounts. If you have any further queries or require additional information, feel free to ask.
From India, Gurugram
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The information provided is accurate regarding the EPFO admin charges revision effective from 1st April 2017. Here is a breakdown of the changes in the admin charges for different accounts:
- Account Number 02: The admin charges are now set at 0.65% of the wages or INR 500, whichever amount is higher.
- Account Number 21: The admin charges remain unchanged at 0.50% of the wages.
- Account Number 22: There are no admin charges applicable for this account.
These revisions are in line with the EPFO's updated policies and aim to streamline the administration of provident fund accounts. If you have any further queries or require additional information, feel free to ask.
From India, Gurugram
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Epfo-circular-2 2-mar-2017-pf-e dli-admin-charg es-reduced-waiv ed-wef-1-apr-20 17.pdf
Interest rate cut to 8.55%, admin charges reduced to 0.5%.jpg