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Regarding_Reduction In Rate Of Administrative Charges From 1.10°/o To 0.85°/o Of The Pay. - CiteHR

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sumitk.saxena
252

Dear all,
Greetings for the day,
Please find enclosed a copy of the above said Order / notifications issued by the Ministry of Labour & Employment for information & necessary action.
1. The notifications may be applied from pt January, 2015.
2. 0.85 per cent. (zero point eight five per cent.)
3. 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.
4. Amount of administrative charges payable by the employers shall be subject to minimum of twenty-five rupees per month for every non-functional establishment having no contributory member and two hundred rupees per month per establishment for other establishments.
Thanks & Regards,
From,
Sumit Kumar Saxena

From India, Ghaziabad
Attached Files (Download Requires Membership)
File Type: pdf Order_PF_Administrative Charges Reduction_40648.pdf (167.7 KB, 531 views)

Abhishek Sani
Dear Senior
I am do not under stand the actual changes . Please give me a example of both A/c Contribution of functional establishment having Contributory member & non-functional establishment having no Contributory member.
further , i m submitted of my filling...........
one establishment basic wages is 7000.00
A/c 1 = 840+257= 1097.00
A/c 2 = = 75.00
A/c10 = = 584.00
A/c 21= = 35.00
A/c 22= = 25.00
TOTAL = 1816.00
One Establishment is non-functional establishment having no contributory member
A/c 2 = 500.00
A/c 22 = 200.00
Total = 700.00
in Respect of 5+2 = 7.00
Abhishek Sani
9903315687

From India, Ahmedabad
sandy moving ON
4

Dear abhishek...ur first calculative example is for non functional establishment and second is for functional establishment
From United States, Cambridge
Apex Management
156

Dear Abhishek
The right calculations are as under:-
one establishment basic wages is 7000.00
A/c 1 = 840+257= 1097.00
A/c 2 = 500.00
A/c10 = = 584.00
A/c 21= = 35.00
A/c 22= = 200.00
TOTAL = 2416.00
For non functional establishments where no contributor exists is A/c- 2 Rs.75/- and A/c. 22 Rs.25/-

From India, Delhi
nilsoni
10

FROM : DAYANAND (+91 9820013747)



Who says its reduced…………………..



Pl read the Notification dt. 2.2.2015 carefully…………



Reduction of % is just an eye wash………………….



w.e.f. 1.1.2015 Minimum Admn Charges under A/c II for non-functioning estt./factories shall be Rs. 75/- pm (1,500% hike) (presently it is Rs. 5/-pm) and for operational estt/factories minimum Admn. Charges shall be Rs. 500/- pm (presently it is Rs. 5/-). Minimum admn charges increased by 10,000%.



Under EDLI Scheme presently minimum Admn Charges are Rs. 2/- pm which is increased to Rs. 25/- pm (1,250% hike) for non-functional estt/factories and for operational estt./factories it is increased to Rs. 200/- pm as against Rs. 2/- pm presently. Minimum admn charges increased by 10,000%.



Reducing PF Admn. Charges from 1.1% to 0.85% is just an eyewash and you all must ask you clients to protest the same through their appropriate forum such as FICCI, IMC, AHAAR, CII etc. to represent such 10,000% (ten thousand %) hike in minimum Admn Charges. Its not at all acceptable.



Those who are availing the services from EPFO, their Admn Charges are reduced and those who are not availing the services from EPFO (non-functional), their Admn . Charges are increased drastically.



Atleast for non-functional estt./factories it must be reduced to Rs.10/- pm and not Rs. 75/- pm since they are already ailing and non having any source of revenue.



Non-functional companies employees are now withdrawing their PF is not the problem of employer and hence, why employer is to be penalized by asking them to pay Rs. 75/- pm (under A/c II) and Rs. 25/- pm (under A/c XXII) since in case of non-functional estt./factories, there shall not be any employees in the company and those who have left shall to be able to avail any benefit under EDLI Scheme since EDLI benefits are given to the employees if he/she dies while in service and not otherwise. Hence where is the question of paying Rs. 25/- pm.



It’s a day light robbery.



Pl take up this issue with your clients and start movement to challenge the same before the appropriate forum.



Hope you all will agree with my opinion.

From India, Mumbai
rama mohan ch
1

Dear Abhshek,
your calculation should be for filing like this....
one establishment basic wages is 7000.00
A/c 1 = 840+257= 1097.00
A/c 2 = = 500.00
A/c10 = = 584.00
A/c 21= = 35.00
A/c 22= = 200.00
TOTAL = 2416.00
One Establishment is non-functional establishment having no contributory member
A/c 2 = 75.00
A/c 22 = 25.00
Total = 100.00
in Respect of 5+2 = 7.00
Thanks
Rama Mohan CH

From India, Hyderabad
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