PF Admin Charges reduced from 0.85% to 0.65% and EDLI Admin Charges waived by EPFO w.e.f. 1 Apr. 2017
The expenditure incurred in administering the
Employees’ Provident Fund (EPF), Employees’ Deposit Linked Insurance (EDLI),
etc., are met from the administrative and inspection charges collected from the
employers. Earlier, the PF Admin charges were reduced from 1.10% to 0.85%
w.e.f. 1 Jan. 2015, which has been reduced further to 0.65% by EPFO w.e.f. 1
Apr. 2017. Besides, EDLI Admin charges are no longer payable (i.e. waived)
w.e.f. 1 Apr. 2017.
How to I know my ecr is going to late update and how to I fill late fine
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