PF Administrative Charges Reduced to 0.65% from 0.85%

Ministry of Labour and Employment decided to reduce PF administrative charges payable by employers. As per gazette notification issued on 15th March, 2017 new rate of contribution towards PF administrative charges will 0.65% of total EPF wages of an employee. It is also decided not to collect Administrative charges towards EDLI contributions. “the Central Government, […]

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