Corporate Law : Explore the potential effects of the proposed wage ceiling increase under the EPF Act on employers, employees, and provident fund ...
Corporate Law : Summary of key 2024 High Court rulings under the Employees' Provident Fund Act, covering employer liabilities, deductions, and mor...
Corporate Law : Key Labour law rulings in November 2024: ESI, ID Act, Provident Fund, and more across various High Courts....
Corporate Law : Learn how to calculate EPS pension, eligibility criteria, and the different types of pensions available under the Employee Pension...
Corporate Law : Understand EPF withdrawal rules, tax implications, and conditions for partial and full withdrawals in 2024. Know when and how your...
Corporate Law : EPFO has streamlined the PF transfer process, eliminating employer approval for most claims, aiming to reduce turnaround time and ...
Corporate Law : EPFO is revolutionizing service delivery by introducing auto-mode settlement for education, marriage, and housing claims, reducing...
Corporate Law : EPFO grants a five-month extension to employers for uploading wage details regarding pension on higher wages. Learn about the late...
Corporate Law : Explore EPFO's SOP for freezing and de-freezing MIDs, UANs, and Establishments to safeguard funds, verify genuineness, and prevent...
Corporate Law : Read the Standard Operating Procedure (SOP) for EPFO inspections, promoting fairness and ease of compliance while protecting worke...
Income Tax : ITAT Delhi partly allowed FIL India's appeal on tax adjustments, PF contributions, and double taxation of interest on refund und...
Goods and Services Tax : The Calcutta High Court reviewed a writ petition from Paschim Banga Gramin Bank, challenging a Section 14B order under the Employe...
Corporate Law : Allahabad High Court dismisses Patton Logistics' petition challenging EPF Appellate Tribunal's stay order, emphasizing the tribuna...
Corporate Law : Learn about the Allahabad High Court's dismissal of Shrasty Computer Solutions' appeal against the EPFO due to the expired limitat...
Corporate Law : Madhya Pradesh High Court ruled on EPF Act applicability to employees of aided schools, emphasizing compliance with central laws o...
Corporate Law : EPFO clarifies policies on pension computation, trust rules, arrears, and damages in higher wages cases per Ministry of Labour & E...
Corporate Law : EPFO centralises pension disbursement through CPPS. Claims processed with any bank across India. Instructions for smooth pension c...
Corporate Law : EPFO deploys functionality for capturing data of Non-EPS members. UAN generation and activation mandatory for all P.F. Trust membe...
Corporate Law : EPFO introduces a delinking facility for erroneous Member IDs from UAN. Follow steps via unified portal to correct linked details....
Corporate Law : EPFO introduces a streamlined process for joint declaration updates, including UAN, Aadhaar validation, and document submission vi...
Central Government hereby extends provisions of Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 to apply to the establishments, employing ten or more persons and covered under the provisions of the erstwhile the Jammu and Kashmir Employees’ Provident Funds and Miscellaneous Provisions Act, 1961. MINISTRY OF LABOUR AND EMPLOYMENT NOTIFICATION New Delhi, the 31st October, […]
Competent Authority has approved the opening of Regional Offices of the Employees’ Provident Fund Organization (Ministry of Labour & Employment, Government of India) at Jammu & Kashmir and Ladakh with immediate effect.
During life time as person has to achieve lot of mile stone i.e His own marriage, marriage of his son and daughter, higher education, Medical exigencies, construction and Purchase of House. Besides these requirement he has also have to save money for his old age requirement when he will become to old and not able […]
In a major decision, the Central Board of Trustees (CBT) EPF in a meeting held at Hyderabad on 21 August 2019, approved the proposal to recommend for amendment in Employees’ Pension Scheme(EPS) 1995 for restoration of commuted value of pension to the Pensioners after 15 years of drawing commutation which will benefit approx. 6.3 lakhs pensioners. This was a long pending demand of the pensioners.
Applicability of the ESI scheme The ESI scheme is applicable to all factories and other establishments as defined in the Act with 10 or more persons employed in such establishment and the beneficiaries’ monthly wage does not exceed Rs 21,000 are covered under the scheme. Whether the employer has employed 10 or more employees, all […]
WHAT IS EPF? Employee Provident Fund (EPF) is a scheme regulated by central government under ‘The Employees’ Provident Funds and Miscellaneous Provisions Act, 1952′ which came into effect from 1951 which extends to whole of India except Jammu & Kashmir. EPF is one of the most beneficial investment methods for salaried employee. Government has initiated […]
Employees’ contribution to EPF and ESIC deposited beyond the due date prescribed under section 36(1)(va) would not be eligible for deduction even if deposited before the due date of filing the return of income tax under section 139(1).
Is the recent SC judgement holding allowances as part of basic wages for the purpose of determination of PF contribution, in contradiction with the stand of the Law makers and implementeors? In its recent judgement in the case of RPFC vs. Vivekananda Vidyamandir and others & Surya Roshni Ltd & Ors. vs. The State of […]
A facility for filing of online e-nomination is available at Member Interface of Unified Portal. In order to make this functionality compatible with online Form 10D claim to be filed by members and online composite claim Form 10D/20/5IF to be filed by nominees, some modifications have been incorporated in consultation with the Finance and Pension Division.
Section 36(1)(va) Vs. Section 43-B If the assessee fails to deposit the PF, ESIC etc Contribution before the due dates as per the respective Acts. Effect of Section 43B on unpaid liability towards contributions to any provident fund or superannuation fund or any fund set up under the provisions of the Employees’ State Insurance Act, […]
