EPFO has cut the administrative fee charged from employers effective from 1st January 2015.
EPF Admin Charges
Existing Rate | New Rate |
1.10 % of Total EPF Salary | 0.85 % of Total EPF Salary |
Minimum Rs 5 in case of Non Contributory Member | Minimum Rs 75 Per Month in case of non-functional establishment having no contributory member |
Minimum Rs 500 for Contributory Members |
EDLI Admin Charges
Existing Rate | New Rate |
0.01 % of Total EDLI Salary | 0.01 % of Total EDLI Salary |
Minimum Rs 2 in case of Non Contributory Member | Minimum Rs 25 Per Month in case of non-functional establishment having no contributory member |
Minimum Rs 200 for Contributory Members |