Yog Raj (Accountant) (155 Points)
26 March 2017If any employer(organization) gets itself registered in EPF voluntarily and had 2 employees at the time of registration, but later on (after 2 months) there is no employee in the establishment and proprietor himself only run the organization. What's the liability under EPF?
Nitish Kumar
(ESIC & EPFO CONSULTANTS )
(83 Points)
Replied 02 April 2017
Ki$hor B
(Training & Advisory)
(3015 Points)
Replied 26 April 2017
Employer has to pay Administrative charges of Rs 75 as the factory/establishment has no contributing member.
Nitish Kumar
(ESIC & EPFO CONSULTANTS )
(83 Points)
Replied 26 April 2017
Yog Raj
(Accountant)
(155 Points)
Replied 26 April 2017
But as per EPF website (link: https://www.epfindia.com/site_docs/PDFs/MiscPDFs/ContributionRate.pdf ) It says adminstrative charges 75/-.
Is there any notification regarding 700/- if there is no employee?
Ki$hor B
(Training & Advisory)
(3015 Points)
Replied 26 April 2017
The amount of Rs 75 refers to minimum admin charge to be paid by employer if there is no contributory member in the month.
Please refer the notification issued on 15th March, 2017.
Minimum admin charge is 0.65% on (Basic + DA) or Rs 500 whichever is higher.
Nitish Kumar
(ESIC & EPFO CONSULTANTS )
(83 Points)
Replied 26 April 2017
Nitish Kumar
(ESIC & EPFO CONSULTANTS )
(83 Points)
Replied 26 April 2017
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