Reduction in Administrative Charges Announced
The Ministry of Labour and Employment, through a notification dated 2nd February 2015, has announced a reduction in the rate of Administrative Charges from 1.10% to 0.85% of the pay. The Employees' Provident Fund Organisation (EPFO) has stated that these changes may be implemented from 1st January 2015.
Regards,
Prakash Tiwari
From India, Delhi
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6The Ministry of Labour and Employment, through a notification dated 2nd February 2015, has announced a reduction in the rate of Administrative Charges from 1.10% to 0.85% of the pay. The Employees' Provident Fund Organisation (EPFO) has stated that these changes may be implemented from 1st January 2015.
Regards,
Prakash Tiwari
From India, Delhi
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