Question : EPF Administrative Charges

(a)whether the Government has deferred/proposes to defer the move to cut EPF administrative charges from 0.85% to 0.65% of workers salary for its EPF scheme;
(b)if so, the details therefor and the reasons therefor;
(c)whether this issue has been long pending due to certain reasons; and
(d)if so, the details thereof along with the steps taken/being taken in this regard?

MINISTER OF STATE (IC) FOR LABOUR AND EMPLOYMENT
(SHRI BANDARU DATTATREYA)

(a) to (d): The Government vide notification dated 15.03.2017 has reduced the administrative charges under Employees’ Provident Funds Scheme, 1952 from 0.85 per cent to 0.65 per cent.
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