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EPFO

Practical Understanding of ESI & PF – Present & Future Scenario

Corporate Law - Provident Fund– An act which provides establishment of provident fund, pension fund & deposit linked insurance fund for eligible employee in eligible establishment and factories. 1) Applicability – All establishments employing 20 or more persons (5 or more for Cinema Theaters) are brought under preview of the Employee prov...

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Social Security Agreement signed between India-Japan

Corporate Law - Foreign assignments involving mobility of international workers has always been entangled in the complexities of two legislations. To ease out the hindrances and protect the interest of cross border workers of India and Japan, India has signed social security agreement (SSA) with Japan w.e.f. Oct 1, 2016....

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All about Universal Account Number (UAN)

Corporate Law - •• Employees’ Provident Fund - •• All employees with wages upto Rs 15,000 required to join the Fund. •• Accumulations payable on retirement, resignation, death. •• Partial withdrawals permitted for financing life insurance policies; Acquiring house or site; Marriage of self or dependents; Education of children; Treatment...

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Govt Withdraw notification amending PF withdrawal Conditions

Corporate Law - Government had issued a notification dated 10th February 2016 regarding rules for withdrawal from EPF Funds by the members. Under the revised rules, the employee was permitted to withdraw the employees’ share from the fund (which is 12% of the wages). However, it was prescribed that the employers’ share of contribution towards the Pro...

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FAQs on EPFO Grievance Redressal

Corporate Law - What is the nature and source of grievances received in EPFO? Grievances generally arise out of: i)   Settlement of PF/Pension/Insurance Claims. ii)   Transfer of PF accounts. iii)    Non enrolment of employees. iv)  difficulty arising out of old PF accounts on the CPGRAMS portal. v) difficulties relating to Universal Accounts Num...

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Collections of EPF started with 4 more banks in addition to SBI

Corporate Law - ollections of EPF dues have been started with PNB, Allahabad Bank, Indian Bank, Union Bank of India in addition to State Bank of India through direct online mode. ...

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EPFO to settle claims in 10 days & grievance in 15 days

Corporate Law - Shri Bandaru Dattatreya launches EPFO’s Citizens’ Charter 2017 & e-court management system Citizens’ Charter 2017 to bring transparency and accountability on the part of EPFO The Minister of State for Labour & Employment(IC), Shri Bandaru Dattatreya launched EPFO’s Citizens’ Charter 2017 and e-court management system in ...

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5 steps taken by EPFO for speedy settlement of claims

Corporate Law - The Employees’ Provident Funds Organization (EPFO) has taken various steps for speedy settlement of claims which inter alia include: 1. Composite Claim Form (Aadhaar) and Composite Claim Form (Non-Aadhaar) has been introduced by replacing the erstwhile Claim Forms No. 19, 10C and 31, with a view to simplify the submission of claims by t...

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Employees’ Enrolment Campaign launched by EPFO

Corporate Law - An Employees’ Enrolment Campaign has been launched by Employees’ Provident Fund Organisation during the period 01.01.2017 to 31.03.2017, in order to extend social security benefits to all the eligible workers in the country. During the Campaign, various financial incentives are being offered to establishments to enroll their workers. ...

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Govt to enable Withdrawal upto 90% for Purchase of House from EPF

Corporate Law - Government to Amend EPF Scheme, 1952 to Enable EPF Members to Withdraw upto 90 Percent Fund for purchase of dwelling house/flat or construction of dwelling house/acquisition of site....

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Deduction u/s 43B for EPF / ESIC paid after due date

M.V.S Engineering Ltd Vs The CIT (Delhi High Court) - In this case high court held that payment of employees contribution under the Employees Provident Fund and Misc. Provision Act, 1952 and the Employees State Insurance Act, 1948 is allowable if paid before the due date of filing Income Tax Return or filing of Income Tax Return whichever is earlier e...

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‘EPFO cannot claim damages for delayed payment’

The Madras High Court bench here has ruled that the Employees Provident Fund Organisation (EPFO) cannot claim damages from employers for delayed payment of their contribution "if there is no intention to commit a prohibited act or actus reus" (action...

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UOI & others vs. Ogale glass Works – Supreme Court -1971 AIR 2577

Union of India & Anr. Vs Ogale Glass Works (Supreme Court of India) - Hon’ble Supreme Court in the case of Union of India and others v Ogale glass Works 1971 AIR 2577 held that the award of industrial tribunal cannot stand in the way of enforcing the statutory provision cast on the Regional Provident Fund Commissioner under the Employees’ Provident Funds and Misc...

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EPF: Non Filing of Returns by Exempted establishments

No. C-Misc./Ex.Return/2013/Vol-II/7247 - (19/07/2017) - It has been observed that all the exempted establishments have not filed the prescribed returns till In this regard, it is directed that all the RPFC/Officer In­ charges of the field offices shall ensure due filing of prescribed returns by 25.07.2017...

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EPFO enables online Transfer Claims under Unified Portal

Circular No. IS/4(1)2017/2537 - (21/07/2017) - As you are aware, new Facility to apply for Transfer has been launched in the Member Interface and Employer Interface under Unified Portal with effect from 27th May 2017 replacing the functionality of the erstwhile OTCP Portal....

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EPF Compliance in respect of multiple units establishments

Circular No. C-I/3(19)2016/Clarification/ECR/7357 - (21/07/2017) - In accordance with the cited instructions, there are many establishments which have employees working at different locations and branches but the payment of PF dues of all the workers is made under a single PF code number. However there were demands to give a facility for field offices to monitor co...

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Aadhaar enabled online filings of claims by EPF members

No: Manual/Amendment/2011/293 - (07/07/2017) - A new facility has been launched in employee's Member Interface of Unified Portal for the employees/members to submit Online Claims based on Composite Claim Form (Aadhar) for availing the benefits under EPF (Form-19), Pension (Form-10C) & PF Part Withdrawals (Form-31)....

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Revised Application Form for Certificate of Coverage of Indian Worker

Notification No. File No. IWU/731)/ Application for COC - (30/06/2017) - The different application forms for Certificate of Coverage (COC) in respect of Indian Worker (having Indian Passport) going to work in a country with which India is having Social Security Agreement (SSA) has been revised into a single form keeping in view the new COC application software being deve...

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Recent Posts in "EPFO"

EPF: Non Filing of Returns by Exempted establishments

No. C-Misc./Ex.Return/2013/Vol-II/7247 (19/07/2017)

It has been observed that all the exempted establishments have not filed the prescribed returns till In this regard, it is directed that all the RPFC/Officer In­ charges of the field offices shall ensure due filing of prescribed returns by 25.07.2017...

Read More

EPFO: Implementation of e-court software- revised procedure

As you are aware, in the e-court software the allotment of 7A & 14B cases among assessing authorities is automatic so as to ensure that the workload is spread uniformly and cases are allotted randomly....

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Posted Under: Corporate Law

EPFO enables online Transfer Claims under Unified Portal

Circular No. IS/4(1)2017/2537 (21/07/2017)

As you are aware, new Facility to apply for Transfer has been launched in the Member Interface and Employer Interface under Unified Portal with effect from 27th May 2017 replacing the functionality of the erstwhile OTCP Portal....

Read More

EPF Compliance in respect of multiple units establishments

Circular No. C-I/3(19)2016/Clarification/ECR/7357 (21/07/2017)

In accordance with the cited instructions, there are many establishments which have employees working at different locations and branches but the payment of PF dues of all the workers is made under a single PF code number. However there were demands to give a facility for field offices to monitor compliance in their inspection area or inf...

Read More

Aadhaar enabled online filings of claims by EPF members

No: Manual/Amendment/2011/293 (07/07/2017)

A new facility has been launched in employee's Member Interface of Unified Portal for the employees/members to submit Online Claims based on Composite Claim Form (Aadhar) for availing the benefits under EPF (Form-19), Pension (Form-10C) & PF Part Withdrawals (Form-31)....

Read More

Collections of EPF started with 4 more banks in addition to SBI

ollections of EPF dues have been started with PNB, Allahabad Bank, Indian Bank, Union Bank of India in addition to State Bank of India through direct online mode. ...

Read More
Posted Under: Corporate Law |

Revised Application Form for Certificate of Coverage of Indian Worker

Notification No. File No. IWU/731)/ Application for COC (30/06/2017)

The different application forms for Certificate of Coverage (COC) in respect of Indian Worker (having Indian Passport) going to work in a country with which India is having Social Security Agreement (SSA) has been revised into a single form keeping in view the new COC application software being developed by IS division....

Read More

Practical Understanding of ESI & PF – Present & Future Scenario

Provident Fund– An act which provides establishment of provident fund, pension fund & deposit linked insurance fund for eligible employee in eligible establishment and factories. 1) Applicability – All establishments employing 20 or more persons (5 or more for Cinema Theaters) are brought under preview of the Employee prov...

Read More
Posted Under: Corporate Law |

Benefit of two years weightage of service to the EPF members

No: Pension-Pen-I/3/4/2016/MOL&E/2/5684 (21/06/2017)

Several references have been received from the field offices that cases where two years weightage was given where the past service comes out to 20 years, the new application software while generating the worksheet has reduced the past service benefits in comparison to that calculated in legacy software. The matter has been examined and th...

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Definition of International Worker under EPF scheme 1952

Notification No. File No. IWU/7/(25)/2017/ Clarification reg. Para 83/ (08/06/2017)

An Indian employee will be treated as International Worker only when (i) he has worked or is going to work in a foreign country with which India has entered into Social Security Agreement and (ii) he is eligible to avail the benefits under a social security programme of the said foreign country....

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