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Dear All
Retirement fund body EPFO has cut the administrative fee it charges from nearly eight lakh employers coming under the ambit of its social security schemes, effective from January 1 this year.
The administrative charges has been reduced to 0.85 per cent of basic wage from 1.10 per cent, as per a Labour Ministry Notification.
The decision in this regard was taken by the EPFO's apex decision making body, the Central Board of Trustees (CBT), in February last year in its meeting. ..
Regards
Sudharshanan
Retirement fund body EPFO has cut the administrative fee it charges from nearly eight lakh employers coming under the ambit of its social security schemes, effective from January 1 this year.
The administrative charges has been reduced to 0.85 per cent of basic wage from 1.10 per cent, as per a Labour Ministry Notification.
The decision in this regard was taken by the EPFO's apex decision making body, the Central Board of Trustees (CBT), in February last year in its meeting. ..
Regards
Sudharshanan
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Listed Under central board of trustees labour ministry basic wage City-India-Madras Country-India social security decision making
PF guidleines for Pension fund.pdf
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