Corporate Law : Key Labour law rulings in November 2024: ESI, ID Act, Provident Fund, and more across various High Courts....
Corporate Law : Learn about EPFO & ESIC registration, applicability, and the step-by-step process for compliance. Ensure social security for your ...
Corporate Law : Article explains EPFO's 2024 updates including automatic PF transfer, salary limit revisions & employer contributions. Stay compli...
Corporate Law : Understand the Employees' Provident Fund (EPF) - its applicability, contribution rules, taxation benefits, and investment insights...
Finance : Learn how to activate your UAN with our easy step-by-step guide. Access various EPFO services like checking PF balance, updating ...
Corporate Law : EPFO adds 15 banks for employer contributions, expanding to 32 banks. The move aims to enhance efficiency and reduce transactional...
Corporate Law : EPFO has streamlined the PF transfer process, eliminating employer approval for most claims, aiming to reduce turnaround time and ...
Finance : CBI apprehends CGST Superintendent in Indore for Rs. 15K bribe and EPFO officials in Baddi for Rs. 10 lakh bribe. Investigations a...
Corporate Law : EPFO directs employers to activate UAN for employees via Aadhaar OTP to ensure access to benefits under government schemes by Nove...
Corporate Law : The Ministry of Labour & Employment held a meeting on the ELI scheme to enhance workforce formalization and social security, urgin...
Corporate Law : NCLT Allahabad directs Successful Resolution Applicant (SRA) to match total value of resolution plan with liquidation value in cas...
Income Tax : Ahmedabad ITAT rules in favor of Mehsana Urban Co-op. Bank Ltd., stating AO's incorrect calculation isn't failure to disclose, thu...
Income Tax : Read how ITAT Chennai directs re-adjudication in the dispute over remittance of employees' contributions towards Provident Fund an...
Corporate Law : Allahabad High Court directs CBI to furnish post-trap/arrest memo to Puneet Singh, accused in EPFO bribery case. Get detailed insi...
Income Tax : Explore the ITAT Mumbai ruling in KMTC (India) Pvt Ltd vs CIT(A) case. Learn about deductions for employee contributions to PF & E...
Corporate Law : EPFO introduces UAN allotment and activation through UMANG app using Face Authentication (FAT). Simplifies access to EPFO services...
Corporate Law : EPFO eliminates cheque leaf/passbook image upload and employer approval for bank account seeding with UAN, streamlining claim proc...
Corporate Law : EPFO allows one-time past dues payment via Demand Draft if ECR is not feasible, with conditions on verification, interest, and dam...
Corporate Law : EPFO implements Unified Pension Scheme from April 2025, covering existing employees under NPS, new recruits, and eligible retirees...
Corporate Law : EPFO announces a 60-day Productivity Linked Bonus for eligible employees for FY 2023-24, with a maximum payout of ₹13,816, effec...
Following steps are to be followed to digitize physical Form No. 9:- 1) Scanning of physical Form No. 9 and upload the same in the system 2) Approval of scanned copy of Form No. 9 3) Approval of member data available in the system 4) Archiving the scanned Form-9 duly indexed for reference.
A partial withdrawal of accumulated pension wealth of the subscriber, not exceeding twenty-five per cent. of the contributions made by the subscriber and excluding contributions made by employer, if any, at any time before exit from National Pension System subject to the terms and conditions, purpose, frequency and limits specified below:-
At the time of registration of an establishment, employer has to upload digitally signed copy of PAN card. There is a mandate of Ease of Doing business to eliminate the requirement of submitting scanned copy of PAN card at the time of registration.
Real Time Default Management System is in operation in EPFO for reducing current default of establishments. New Enforcement Officers are also being provided to Regional Offices after completion of their training for effective default reduction.
Currently UAN (Universal Account Number) has become mandatory for every employee and UAN remains portable throughout the lifetime of an employee and they don’t have to apply for PF transfer claims at changing jobs, because merely providing your UAN number to your new employer shall be sufficient so the employees starting their career afresh have the benefit of UAN which was launched in 2015.
It is hereby clarified that Part -E shall contain the information related to the actual investments and other receipts/payments made in the wage month with which the online return For example in monthly return of March 2017, Part – E will contain the actual contribution receipts, payments and details of the investments made between 01 March 2017 and 31 March 2017.
It has been decided that irrespective of the amount, the EPF claimant should submit cancelled cheque in original (containing claimant’s name, bank account number & IFS Code of the bank branch printed on it) with all type of claims.
It was decided to follow the following process for change of date of birth of members of Employees’ Pension Scheme 1995-(i) In case the correction required in date of birth is upto plus or minus one year, Aadhaar will be accepted as a valid document for date of birth.
It has come to the notice that some of the field offices have not yet completed the task of Compliance Audit of the Exempted/ Relaxed Establishments falling under their territorial jurisdiction by a special drive. Therefore, it is again reiterated to complete this exercise by 31st December, 2017 positively and report to Head Office by e-mail in the format annexed herewith by 08.01.18 through Addl. CPFC of the concerned zone.
The provisions of online filing of returns in the prescribed proforma shall also be applicable to establishment which have been granted exemption by an order of the Regional Provident Fund Commissioner for individual employees under the provisions of Paragraph 27 of the Employees’ Provident Funds Scheme, 1952.
