EPFO

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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Budget 2016: No change in existing tax treatment of PPF

Corporate Law - There is no change in the existing tax treatment of Public Provident Fund (PPF). Currently there is no monetary ceilings on the employer contribution under EPF with only ceiling being that it would be 12% of the salary of the employee member. Similarly, there is no monetary ceiling on the employer contribution under NPS, except that it wo...

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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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Last date of Digital Life Certificate submission extended to 31.03.2017

Corporate Law - Last date of submission of Digital Life Certificate through Jeevan Pramaan Patra extended upto 31st March 2017. EPF & MP Act, 1952 made applicable to all staff employed in ECHS on contractual basis. A single page composite claim form in death cases replaces Form 20, form 5-IF and Form 10-D...

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Employees enrolment campaign 2017: Voluntary employee detail declaration

Corporate Law - Employees Enrolment Campaign 2017 offers opportunity to employers to voluntarily declare details of all employees. EPFO settles 19,114 grievances in January, 2017...

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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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Aadhaar Seeding Services by EPFO offices for KYC Seeding

No. CAIU/011(27)2016/KYC/34320 - (24/03/2017) - In pursuance to the policy of the Government of India, of optimum use of information technology for efficient service delivery and widening the reach of EPF benefits, appropriate guidelines have been issued from this once for installation and operatonalisation of proper infrastructure in the field o...

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PF & withdrawal benefit on date of leaving service to International Worker

File No. IWU/7/)(25)/2017 /Payment of PF and Withdrawal Benefits/34140 - (23/03/2017) - In order to facilate payment of Provident Fund and withdrawal benefit under EPS, 1995 to International Workers on the date of leaving service in India, the following instructions are issued:-...

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Determination of pensionable salary exceeding statutory wages ceiling

No: Pension-I/12/33/EPS Amendment/96/VoI.II/34007 - (23/03/2017) - Allowing members of the Employees' Pension Scheme, 1995 the benefit of the actual salary in the Pension Fund exceeding wage limit of either Rs. 5000/- or Rs. 6500 per month from the effective date respectively as per the Hon'ble Supreme Court's order in SLP No.33032-33033 of 2015 ...

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EPFO Empanelment of retired officers for departmental Inquiries

HR/AVS/10(2)16/ERO/21447 - (22/03/2017) - Employees’ Provident Fund Organization (EPFO) proposes to setup a panel of retired officers as Inquiry Officers for conducting departmental inquires...

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Reduction in EPF & EDLI administrative charges

No. WSU/44(2)97/Administrative Charges/33959 - (22/03/2017) - The expenditure incurred in administering the Employees' Provident Fund is met from the administrative and inspection charges collected from the employers of un-exempted and exempted establishments respective...

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Recent Posts in "EPFO"

Aadhaar Seeding Services by EPFO offices for KYC Seeding

No. CAIU/011(27)2016/KYC/34320 (24/03/2017)

In pursuance to the policy of the Government of India, of optimum use of information technology for efficient service delivery and widening the reach of EPF benefits, appropriate guidelines have been issued from this once for installation and operatonalisation of proper infrastructure in the field offices of ERR) to help and facilitate ou...

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PF & withdrawal benefit on date of leaving service to International Worker

File No. IWU/7/)(25)/2017 /Payment of PF and Withdrawal Benefits/34140 (23/03/2017)

In order to facilate payment of Provident Fund and withdrawal benefit under EPS, 1995 to International Workers on the date of leaving service in India, the following instructions are issued:-...

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Determination of pensionable salary exceeding statutory wages ceiling

No: Pension-I/12/33/EPS Amendment/96/VoI.II/34007 (23/03/2017)

Allowing members of the Employees' Pension Scheme, 1995 the benefit of the actual salary in the Pension Fund exceeding wage limit of either Rs. 5000/- or Rs. 6500 per month from the effective date respectively as per the Hon'ble Supreme Court's order in SLP No.33032-33033 of 2015 ...

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EPFO Empanelment of retired officers for departmental Inquiries

HR/AVS/10(2)16/ERO/21447 (22/03/2017)

Employees’ Provident Fund Organization (EPFO) proposes to setup a panel of retired officers as Inquiry Officers for conducting departmental inquires...

Read More

Reduction in EPF & EDLI administrative charges

No. WSU/44(2)97/Administrative Charges/33959 (22/03/2017)

The expenditure incurred in administering the Employees' Provident Fund is met from the administrative and inspection charges collected from the employers of un-exempted and exempted establishments respective...

Read More

5 steps taken by EPFO for speedy settlement of claims

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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Posted Under: Corporate Law |

Employees’ Enrolment Campaign launched by EPFO

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. ...

Read More
Posted Under: Corporate Law |

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

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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Posted Under: Corporate Law |

Admin charges payable by employer on EPF wef 01.04.2017

Notification No. S.O. 827(E) (15/03/2017)

CG fixes administrative charges payable by the employer for the purposes Employee Provident Fund Scheme with effect from 1st April, 2017 at 0.65 per cent (zero point six five per cent.) of the pay as referred to in said paragraphs subject to a minimum sum of seventy-five rupees per month for every non-functional establishment having no co...

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EPF contribution exemption to Singapore citizens working in India

File No. IWU/7(14)2008/Singapore/20803 (14/03/2017)

Special Provision in respect of International Workers-- Exemption granted under the Comprehensive Economic Cooperation Agreement between the Republic of India and the Republic of Singapore (CECA-2005) to Singapore citizens working in India from contributing to social security schemes in India - Clarification regarding....

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