Posted by & filed under Provident Fund - (Notification -Circulars).

Dear Employer 

Good News Reduction of PF Admin Charges from 0.65 % to 0.50%  the said reduction is effective from 1st June 2018 subject to a minimum sum of seventy-five rupees per month for every non-functional establishment having no contributory member and five hundred rupees per month per establishment for other establishments.

Notification 👇

Download:- Reduction of PF Admin Charges

Now the total challan amount  will be 


Ac No. 1  :-    12+3.67%
Ac No   10 :-  8.33%
Ac No 2 :-       0.5%
Ac No 21:-     0.5%

Ac No 22:-     Nil……..

Total contribution will be 25 %  

For your Knowledge purpose & record purpose appended below is the road map      of EPF ADMINISTRATIVE CHARGES PAYABLE BY THE EMPLOYERS OF UNEXEMPTED ESTABLISHMENTS 
EPF ADMINISTRATIVE CHARGES PAYABLE BY THE EMPLOYERS OF UNEXEMPTED ESTABLISHMENTS
Period
Rate
Reckoned on
01.11.1952 to 31.12.1962
3%
Total employers’ and employees’ contributions.
01.01.1963 to 30.09.1964
3%
Total employer’s and employees’ contributions payable @ 6.25%.
2.4%
Total employer’s and employees’ contributions payable @ 8%.
01.10.1964 to 30.11.1978
0.37%
On total pay on which contributions are payable.
01.12.1978 to 30.09.1986
0.37%
On total pay on which contributions are payable. Minimum
Administrative charges payable per month per establishment was
Rs. 5/-.
01.10.1986 to 31.07.1998
0.65%
On total pay on which contributions are payable. Minimum
Administrative charges payable per month per establishment was
Rs. 5/-.
01.08.1998 to 31122014
1.10%
On total pay on which contributions are payable. Minimum
Administrative charges payable per month per establishment is Rs.
5/-.
01.01.2015 to 31.03.2017
0.85%
On total pay on which contributions are payable. Minimum
Administrative charges payable per month per establishment is Rs.
500/-.
01.04.2017 onwards
0.65%
On total pay on which contributions are payable. Minimum
Administrative charges payable per month per establishment is Rs.
500/-.








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