Excess Payment In PF May Be Adjust Admin Charge Also

Dear All,

It is the very important question for every all that what is procedure of recovery or adjustment of excess payment in PF. We all are know that no any process of excess payment of recovery or adjustment in EPF Act.

Know a days PF office issued the circular regarding reduction or new rule of Administration charge for A/C 2 and A/C 22. It is effected from 01 Jan 15. whenever we all are paid excess administration charge for Jan & Feb-15 PF contribution.

We all are want to know that how to adjust excess payment that has paid, because we know that excess paid of administration charge is directly loss of employer. Employee is unaffected from this amendment.

It is myth that excess payment of pf office can not be adjusted.

I want to share Letter of Sanjay Kumar (FA & CAO of Central PF office) that excess payment may be adjusted that I was received . It is interesting thing that circular of reduction in rate of administration charge is also signed by sanjay Kumar.

I hope it will help you and you can adjust excess payment . What is your opinion, What is your thinking regarding this letter. Please share with me.

Regards

Mukund Roy

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