employees provident fund

Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 statutorily applies to employees getting wages upto Rs. 6500/- in respect of scheduled establishments employing 20 or more workers. State-wise details are given at Annexure.The mechanism to regulate and monitor the implementation of Labour Laws is incorporated in respective Labour Laws. Occasional instances of such nature have been noticed in the Employees Provident Fund offices. Full Article

The Provident Fund handled by the Employees’ Provident Fund Organisation is known as Employees’ Provident Fund (EPF). Rate of interest on Employees’ Provident Fund for every year is recommended by the Central Board of Trustees, Employees’ Provident Fund on the basis of estimated interest income available and estimated liability on interest payment of the particular year. Assessment on above lines is made every year by the Central Board of Trustees, Employees’ P.. Full Article

The Employees' Provident Fund Organisation has launched a facility for online verification of status of the claim under the EPF. The facility can be availed at http://59.180.233.84/homepage_claim_status_new.php The user needs to select his State, the EPF office, Establishment Code, Extension code, if any and then enter the employee number to ascertain the claim status. Full Article

What is the Contribution for Provident Fund both by the Employer & Employee?: The Employee contributes 12% of his /her Basic Salary & the same amount is contributed by the Employer.Is it Compulsory for the all the employees to contribute to the Provident Fund? Full Article

EPFO has launched a SMS based service for the benefit of all stakeholders. While submitting your claims, write your mobile number on top of the form. Attach a clear photocopy of first page of your bank passbook. A SMS will be sent to the mobile number about the status of your claim. Full Article

Employees’ Provident Fund If you are a salaried individual, then this is probably the best investment product you have in your portfolio. Every month you park 12% of your basic plus dearness allowance in your account and your employer matches the in Full Article

PPF is an excellent tool for long-term investment. It is risk-free as it is backed by the government. It is especially suitable for self-employed professionals and small businessmen who are not covered by the Employees' Provident Fund. Those who don' Full Article

he 191st meeting of the Central Board of Trustees, Employees Provident Fund was held under the Chairmanship of Shri Mallikarjun Kharge, Minister for Labour and Employment and Chairman, Central Board of Trustees (Employees’ Provident Fund), in New Del Full Article