Understanding the New PF Administrative Charges: How Will It Affect Your Business?

Friends,

The government has fixed PF administrative charges at 0.65% of pay, subject to a minimum of Rs. 500 per month per establishment from April 1, 2017. In the case of non-functional units, the monthly minimum charge will be Rs. 75. There will be no charges under EDLI. A copy of the notification dated March 15, 2017, regarding this matter is attached.

Thanks

So, there are no charges for EDLI, which means 0.5% of EDLI does not need to be paid. Additionally, establishment charges have been reduced from 0.85% to 0.65%.

Thank you!

Can anyone clarify whether EDLI charges (0.5%) and its admin charges (0.01%) are both removed, or only the EDLI admin charges (0.01%) are removed?

Only EDLI Admin charges, which are at 0.01% or a minimum of Rs 200, whichever is higher, are not payable from 01-04-2017. What is payable from 01-04-2017 are as follows:

A/C # 1, 2, 10 & 21.

Dear Mr. Gaurav,

This is the final notification and will be effective from the salary for April 2017 onwards. As far as the EDLI Admin charge is concerned, it is temporary.

New PF administration charges of 0.65% will be effective from April 2017. Download the notification regarding this at [New PF Administrative Charges 2017 Reduced To 0.65% From 0.85%](http://www.hrcabin.com/new-pf-administrative-charges-2017/)

Dear Team,

As per our earlier discussion, the PF admin charges will be 13.16%. Please advise whether we should make the payment to A/c No. 22. If not, the PF admin charges will be 13.15%.

Your prompt response is appreciated.

Regards,
Sherkhan B Pathan

Dear all,

Only change in AC no. 2 from 0.85 to 0.65, no other changes.