Dear Friends and Seniors,
This is for all of your information Govt has fixed PF Administrative charges @ 0.65% of pay subject to minimum of Rs.500 p.m. per establishment from 1.4.2017. In the case of non-functional units monthly minimum charges will be Rs.75. There will be no charges under EDLI. Copy of notification dated 15.3.2017 in this regard is attached.
Hope so it will help for you all.
From India, Delhi
62This is for all of your information Govt has fixed PF Administrative charges @ 0.65% of pay subject to minimum of Rs.500 p.m. per establishment from 1.4.2017. In the case of non-functional units monthly minimum charges will be Rs.75. There will be no charges under EDLI. Copy of notification dated 15.3.2017 in this regard is attached.
Hope so it will help for you all.
From India, Delhi
Can any one explain according to the new amendment from PF...No charges under EDLI mean A/c21 & A/c22 will be no more?? or have to contribute minimum amount??
From India, undefined
From India, undefined
Dear sir, please see only employees deposit link insurance has changed a/c.no.21 from 0.50% to 0.65% or rs.500/- whichever is higher. A/c.n022 edli adm charges remain same as 0.01% or rs.200 whichever is higher. I feel this is the right interpretation of this gazette notification.
With regards,
shashi pandey
From India, Lucknow
With regards,
shashi pandey
From India, Lucknow
A/C#2-PF Admn Charges @ 0.65% or Minimum Rs500/- which ever is higher from 01-04-2017(till 31-03-2017@0.85% or Minimum Rs500/- which ever is Higher
A/C#22 EDLI Admin Charges-No Sum is Payable/NIL from 01-04-2017(till 31-03-2017@0.01% or Minimum Rs200/- which ever is higher)
From India, New Delhi
A/C#22 EDLI Admin Charges-No Sum is Payable/NIL from 01-04-2017(till 31-03-2017@0.01% or Minimum Rs200/- which ever is higher)
From India, New Delhi
Dear All
EPF Admin Charges Reduce from 0.85% to 0.65 % from 1st Apr 2017 and it is applicable only for Admin. charges which is 0.85% on gross epf wages not for insurance admin. charges.
Hope so now it is clear to all and will helpful.
From India, Delhi
EPF Admin Charges Reduce from 0.85% to 0.65 % from 1st Apr 2017 and it is applicable only for Admin. charges which is 0.85% on gross epf wages not for insurance admin. charges.
Hope so now it is clear to all and will helpful.
From India, Delhi
I agree with Mr. Srinath.
Here are the full details of the rates effective April 1, 2017:
A/c 1 EE (Employee Contribution) - 12%
A/c 1 ER (Employer Contribution) - 3.67%
A/c 2 (Administrative charges) - 0.65% with minimum of Rs.500
A/c 10 (Pension Fund) - 8.33%
A/c 21 (EDLI) - 0.5%
A/c 22 (Administrative charges for EDLI) - 0%
Total - 13.15% with minimum of Rs.500 for A/c2
From India, Delhi
Here are the full details of the rates effective April 1, 2017:
A/c 1 EE (Employee Contribution) - 12%
A/c 1 ER (Employer Contribution) - 3.67%
A/c 2 (Administrative charges) - 0.65% with minimum of Rs.500
A/c 10 (Pension Fund) - 8.33%
A/c 21 (EDLI) - 0.5%
A/c 22 (Administrative charges for EDLI) - 0%
Total - 13.15% with minimum of Rs.500 for A/c2
From India, Delhi
Dear sir, i am new person hr dept.. What are the record are follow in hr dept( man power and govt records ) orinted. Please help and improve my knowledge. Thank you, regards, thirumoorthy
From India, Coimbatore
From India, Coimbatore
I am Fresher in HR depart ment,Can u tell me please How many important thing in Hr.
From India, Mumbai
From India, Mumbai
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EPF New Amendment.pdf