Corporate Law : Learn about the key features of EPFO 3.0, including instant withdrawals, mobile access, and faster claim settlements. Understand h...
CA, CS, CMA : Summary of notifications and circulars from August 18-24, 2025, covering new income tax rules for employee perquisites, GST update...
Corporate Law : A summary of the EPFO's new mandate requiring UAN generation and activation through the UMANG app with Facial Authentication Techn...
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 : Simplified online registration, auto-enrolment via MCA portal, and digital initiatives have led to a 251% rise in new EPFO registr...
Corporate Law : A six-month special scheme allows employers to enrol left-out employees and regularise EPF non-compliance with minimal penalties....
Corporate Law : The Labour Ministry clarified EPFO reforms, which simplify withdrawals by merging 13 provisions into three, reducing eligibility t...
Corporate Law : Ministry of Labour launches EPF Enrolment Campaign 2025 (Nov 2025 - Apr 2026) to expand social security. Employers can regularize ...
Corporate Law : The EPFO extended the ECR filing deadline for the September 2025 wage month to October 22 due to employer difficulties with the re...
Corporate Law : NCLAT held that provident fund dues assessed during moratorium under Section 14 IBC cannot be admitted in CIRP. The resolution pla...
Corporate Law : Provident fund dues were protected by statute and same were excluded from the liquidation estate of a company under Section 36(4)(...
Corporate Law : NCLAT Delhi held that demand made by the EPFO on the basis of an inspection report made after initiation of moratorium is not enfo...
Corporate Law : NCLAT Delhi held that demand of EPFO raised on the basis of inspection report dated 10.05.2023 and assessment order dated 25.09.20...
Corporate Law : Liquidator vide letter dated 20.11.2021 did not accept the claim principally on the ground of violation of Moratorium. On instruct...
Corporate Law : EPFO permits de-linking of wrongly linked Member IDs even when contributions exist, subject to limits. The circular outlines a str...
Income Tax : The new tax regime introduces Form 121 as a single declaration replacing Forms 15G and 15H. It simplifies TDS exemption compliance...
Corporate Law : The government clarified that employees under the Unified Pension Scheme are eligible for Fixed Medical Allowance. The key takeawa...
Corporate Law : EPFO streamlined the process for transferring pension contributions and nominee payments. The instructions aim to avoid procedural...
Corporate Law : EPFO has approved acceptance of transgender identity certificates for name and gender corrections. The move strengthens inclusivit...
It has been brought to the notice of the Head Office that, in some case of grant of exemption, funds have not been transferred to the PF trusts, subsequent to the grant of exemption/relaxation, by the Appropriate Authority. It is therefore requested that, the matter may be examined and wherever required, necessary action for transfer of funds to the PF trusts granted relaxation/exemption by the Appropriate Authorities may be initiated immediately. Details of all such cases along with the reasons for non- transfer of funds, also be submitted to Head Office within one week.
Govt of India has notified the new rate for interest for Employee Provident Fund (EPF) for Financial year 2010-11. New rate is 9.5% for financial year 2010-11. Notification in this regard is reproduced hereunder.
No.R-11018/I/2010.SS-II The undersigned is directed to refer to CPFC’s 130 Not( No.Invst.1/3(2)/133/1011/R.011205 dated 13-10-2010 on the subject mentioned above and to convey the approval of the Central Government under para 60(1) of the Employees’ Provident Funds Scheme, 1952 to crediting of interest ( 9.5% for the year 2010-11 to the account of each member of the Scheme on the condition that the 4.72 crore Member accounts should be updated within a period of six months and if any shortfall in Interest Suspense Account is noticed, then the same should be adjusted in the interest rate to be fixed for the next year (2011-12),
The retirment fund manager EPFO trustees today decided not to invest a portion of Rs 5,00,000 crore funds in the stock market in view of Finance Ministry’s refusal to provide any guarantee on returns and safety of such investments. “We don’t want t
Retirement fund manager EPFO’s trustees are likely to approve a proposal to recommence investment in LIC Housing Finance at their meeting scheduled on February 15.
an account opened on behalf of a Hindu Undivided Family prior to the 13th day of May, 2005, shall be closed after expiry of fifteen years from the end of the year in which the initial subscription was made and the entire amount standing at the credit of the subscriber shall be refunded, after making adjustments
Who is an International worker? An International worker may be an Indian worker or a foreign national. This means an Indian worker who has divided his/her career between India and another country with whom India has entered into a bilateral Socia
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
Central Board of Trustees (CBT) on Wednesday recommended a one percentage point hike in the interest rate on employee’s provident fund (EPF) to 9.5 per cent. This would make EPF the most lucrative risk-free tax savings option.The announcement came af
For the sixth year in a row, over 4.7 crore subscribers of retirement fund manager EPFO are likely to get 8.5 per cent interest on their deposits in the current fiscal. “EPFO’s apex decision-making body, the Central Board of Trustees (CBT), is likely to fix 8.5 per cent interest for subscribers at its meeting scheduled for September 10,” a source said.