consultme
192

Recently PF Department announced a change in administrative charges ( w.e.f 1-1-2015) from 1.10% to 0.85%
However for Jan and Feb, companies may have already paid the amount, right?
Is there a mechanism to get extra money paid to PF.

From India, Bangalore
vanamupender@gmail.com
Dear Seniors, Even we are in dilemma, how to get back the additional admin charges which were already paid for two months. Regards Upender HR
From India, Hyderabad
trurecruit
26

It is extremely cumbersome to claim back excess paid to the govt.In that case the only remaining possibility is that of adjustment. It therefore seems logical that you pay the minimum charges as specified till the excess paid is liquidated.
From India, Delhi
harpreetwalia
121

Hi, anyone can please explain the bifurcated calculation of the revised admin charges on epf here. regards harpreet walia
From India, New Delhi
korgaonkar k a
2556

Dear Saswata ji,
There is a saving of Lakhs of Rupees to many of the employers which I know. Also it is not a question of small amount or big amount. When government comes out with decision which has retrospective effect, why one should not exercise his legal right?
Adjustment in possible in portal while uploading ECR.

From India, Mumbai
Apex Management
157

Dear all,
It is not a matter of small or big amount. Any amount paid less or excess can be adjusted / paid against onward dues but only in that particular heads only. For example, if amount is paid less erroneously in account 2, it can be remitted in account 2 only. Similarly, if paid excess, can be adjusted accordingly.
P K Sharma

From India, Delhi
saswatabanerjee
2395

my working is it comes your ₹150 for every ₹100,000 in salary paid.
If it comes automatically. That's fine. If you have to fight for it all run after the department, it may not be worth it.

From India, Mumbai
Aditi Institute of Management
Government will never take more that what is due.Excess payment may not be paid back in cash but adjustment is always permitted.
From India, Hyderabad
phaniacp
6

Dear Mr. Saswat,
Pls check what Mr. Sharma has said. If your employer has questioned you about this do you have substantial answer? Because, they count each and every rupee they spend. So it is not the matter of 1L or 2L.
Assume if the total payable salary is 1cr or 2 cr.

From India, Warangal
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