Dear All
Retirement fund body EPFO has cut the administrative fee it charges from nearly eight lakh employers coming under the ambit of its social security schemes, effective from January 1 this year.
The administrative charges has been reduced to 0.85 per cent of basic wage from 1.10 per cent, as per a Labour Ministry Notification.
The decision in this regard was taken by the EPFO's apex decision making body, the Central Board of Trustees (CBT), in February last year in its meeting. ..
Regards
Sudharshanan
From India, Madras
18Retirement fund body EPFO has cut the administrative fee it charges from nearly eight lakh employers coming under the ambit of its social security schemes, effective from January 1 this year.
The administrative charges has been reduced to 0.85 per cent of basic wage from 1.10 per cent, as per a Labour Ministry Notification.
The decision in this regard was taken by the EPFO's apex decision making body, the Central Board of Trustees (CBT), in February last year in its meeting. ..
Regards
Sudharshanan
From India, Madras
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
2016 Nov 01 Payment of PF & EPS on the date of retirement.pdf
Settlement of PF & Pension on the day of Retirement.docx