Esi & pf
This query is : Resolved
Rohit Rally
(Querist)
24 June 2015
Hi Professionals
Please tell him about the effective date of reduction in the rate of administrative charges from 1.10% to 0.85% of the pay.
My reason of Query is that as per the EPFO Notification NO.323(E) dated 02-02-2015 written that the Notification may be applied from 1th January,2015.
Please tell him about the effective date of reduction in the rate of administrative charges from 1.10% to 0.85% of the pay.
My reason of Query is that as per the EPFO Notification NO.323(E) dated 02-02-2015 written that the Notification may be applied from 1th January,2015.
CA R SEETHARAMAN
(Expert)
24 June 2015
The changes will be effective from 1 January 2015 so administration charges payable upto 31.12.2014 will be levied at old rate.
Rohit Rally
(Querist)
25 June 2015
But Sir in Notification written that the Change may be effective from 01-01-2015.This is my main Query.
CA R SEETHARAMAN
(Expert)
25 June 2015
Any payment made from 01-01-2015 new rate is applicable.
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