EPF Update - Reduction In Administrative Charges From 1.10% To 0.85% Of The Pay.

Pragnaa HR Compliance Services

Dear All,
EPF Update - Reduction in Administrative Charges from 1.10% to 0.85% of the pay.
The relevant notification is attached please.

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joseph2412

For exempted establishments under Section 17(1), the existing Inspection rate is 0.18%. No mention has been made about any changes made for such establishments. Can our members throw some light if any changes are made for exempted funds or not?

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