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Change in pf administrative charges w.e. f june 2018
In the employees provident fund scheme 1952 the administrative charges payable by the employer are changed w.e.f 1st june..can anyone guide me on this? n.devashree
Epf update - reduction in administrative charges from 1.10% to 0.85% of the pay.
Dear all epf update reduction in administrative charges from 1.10 to 0.85 of the pay. the relevant notification is attached please.
Employers could claim 10% refund of administrative charges
10 of epfo has approved an incentive scheme for employers to seed universal account number uan with know your customer kyc documents. an employer can claim 10 refund of administrative charges paid during the quarter if the establishment provides aadhar card details of 80 employees bank details of all the employees and pan card detail wherever applicable. this will become operational from october 1 for one year.
Epf admin charges reductuced to 0.65% from 0.86 % from 1st april 2017
Good news from epfo the administrative charges payable by the employer for the purposes of paragraph 30 and subparagraph 1 of paragraph 38 of the said scheme with effect from 1st april 2017 at 0.65 per cent zero point six five per cent..
Epfo latest notification on admn. charges
Dear all the epfo has revised the administrative charges from 1.10 to 0.85 w.e.f. 01st january 2015. please see the notification. regards pbs
Pf minimum administration charges in case of no employees/contribution member
Hi all our organization does not have any contributory member and hence did not pay any pf amount. then we started receiving notices from epfo to make the payments for the month where payments are not made when enquired further they have asked to make administration charges in case of no contributory member available in a month that too in a rude tone. after several follow up s they have shared the info on doing it online i.e. payments > payment direct challan > actionable direct challan list > challan entry. this has an option to select the month for which we want to make the payment along with challan type administrative/ inspection charges challan and miscellaneous challan. they have asked to choose administrative/ inspection charges challan as challan type. until here everything is fine after selecting administrative/ inspection charges challan it opens a table with different charges particulars administration charges and inspection charges along with account details a/c no 1 a/c no 2 a/c no 10 a/c no 21 and a/c no 22 of which a/c no 2 and 22 are editable. when i have asked under which section should i make the payment and how much it should be they are asking me to come down to epfo office to clarify. does some one know what should i pay in case of no employees/contributory member in a given month and under which account i should be paying that amount. they have also shared a pdf which doesn t give complete details of what i am referring to. it just gives a statement saying 75/ should be paid in case of no contributory member as minimum administrative charges. but under which section is my question. appreciate your help if you can share any inputs. i am looking to follow the compliance but due to lack of proper help/guidance and material from epfo i am not able to do that. regards kalyan