PF Admin Charges reduced to 0.5% w.e.f. 1 June 2018 also EDLI charge waived
May 23, 2018 Labour Laws , Updates PF Admin Charges reduced and EDLI Admin Charges waived by EPFO Expenditure incurred by EPFO in administering the Provident Fund (EPF), EDLI, etc., are met from the Admin/ Inspection charges collected from the employers. PF Admin charges have been further reduced to 0.5% applicable w.e.f. 1 June 2018, subject to a minimum of Rs. 500/ Rs. 75 in the case of functional/ non-functional organisations. Besides, EDLI Admin charges have already been waived w.e.f. 1 Apr. 2017. PF Admin Charges reduced to 0.5% w.e.f. 1 June 2018 PF Admin Charges Reduced to 0.5% w.e.f. 1 June 2018: MoL&E/ EPFO Notification dt. 21 May 2018 S.O. 2011(E) .- In exercise of the powers conferred by the Explanation to paragraph 30 read with paragraph 39 of the Employees’ Provident Funds Scheme, 1952, and in supersession of the notification of the Government of India in the Ministry of Labour and Employment published in the Gazette of India, Extraordi...