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EPFO cuts administrative charges to 0.65%; firms to save Rs 1,000 cr a year
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EPFO cuts administrative charges to 0.65%; firms to save Rs 1,000 cr a year

EPFO, the Central Board of Trustee, had approved the proposal to reduce the administrative charges to 0.65 percent from the existing 0.85 percent of total wages, on which contributions are payable.