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Provident Fund

Latest Articles


Registration Process under ESIC & EPFO

Corporate Law : Learn about EPFO & ESIC registration, applicability, and the step-by-step process for compliance. Ensure social security for your ...

May 20, 2024 1941 Views 0 comment Print

Are International Workers Provisions Under EPF & MP Act-1952 Unconstitutional?

Corporate Law : Explore the constitutionality of provisions for international workers under the EPF & MP Act-1952. Analyzing key aspects, includin...

May 17, 2024 402 Views 0 comment Print

Notable changes in EPFO contributions for financial year 2024

Corporate Law : Article explains EPFO's 2024 updates including automatic PF transfer, salary limit revisions & employer contributions. Stay compli...

April 18, 2024 30747 Views 0 comment Print

Know the Contrasts between PF and ESIC

Corporate Law : Learn the distinctions between EPF and ESIC, including eligibility, contributions, benefits, and compliance requirements. Ensure c...

April 17, 2024 1185 Views 0 comment Print

Social Security Laws- PF & ESIC

Corporate Law : Delve into the nuances of Provident Fund (PF) and Employee State Insurance Corporation (ESIC) schemes in India. Learn about eligib...

April 16, 2024 888 Views 0 comment Print


Latest News


EPFO introduces Auto claim settlement for Education, marriage & housing

Corporate Law : EPFO is revolutionizing service delivery by introducing auto-mode settlement for education, marriage, and housing claims, reducing...

May 13, 2024 1914 Views 0 comment Print

EPFO Extends Deadline for Employers: Upload Pension on Higher Wage Details

Corporate Law : EPFO grants a five-month extension to employers for uploading wage details regarding pension on higher wages. Learn about the late...

January 3, 2024 459 Views 0 comment Print

EPFO SOP on freezing/de-freezing the MID/UAN/Establishment

Corporate Law : Explore EPFO's SOP for freezing and de-freezing MIDs, UANs, and Establishments to safeguard funds, verify genuineness, and prevent...

December 27, 2023 1074 Views 0 comment Print

EPFO SOP For Inspection of Establishments

Corporate Law : Read the Standard Operating Procedure (SOP) for EPFO inspections, promoting fairness and ease of compliance while protecting worke...

August 1, 2023 8718 Views 0 comment Print

EPFO Vigilance Guidelines: Filing Complaints with EPFO Vigilance

Corporate Law : Learn how to file complaints with EPFO Vigilance, following CVC guidelines. Ensure genuine complaints with evidence for proper act...

August 1, 2023 1233 Views 0 comment Print


Latest Judiciary


Karnataka HC Declares Para 83 of EPF Scheme & Para 43A of Pension Scheme Unconstitutional

Corporate Law : Karnataka High Court rules in favor of employers & employees, declaring para 83 of EPF Scheme & para 43A of Pension Scheme unconst...

May 15, 2024 7221 Views 0 comment Print

Delayed payment of Employees’ Contributions to PF, No Section 36(1)(va) Deduction

Income Tax : Trimbak Konher Patil vs ITO: Bangalore ITAT decision clarifies that if employees' contributions are not paid on time as per PF Act...

May 8, 2024 846 Views 0 comment Print

No Deduction if Employees’ Contribution Not Paid to PF & ESI: Kolkata ITAT

Income Tax : Learn about the ruling by ITAT Kolkata stating no deduction can be claimed if employees' contributions deducted from salaries were...

April 16, 2024 444 Views 0 comment Print

Due Date for Section 36(1)(va) Commences with wages was payable’ & not when disbursed

Income Tax : Explore the legal dispute between Kaarya Facilities and ITO over the interpretation of Section 36(1)(va). Due date for wages under...

April 3, 2024 678 Views 1 comment Print

ITAT upholds disallowance for delayed Deposit of Employees’ PF & ESIC

Income Tax : Read the full text of the order of ITAT Pune regarding the disallowance of late deposit of Employees’ share of PF and ESIC by Ko...

March 27, 2024 537 Views 0 comment Print


Latest Notifications


SOP for Management and Regulation of EPF Exempted Establishments

Corporate Law : EPFO releases SOP for managing EPF exempted establishments, including finalized Form RM-6 for third-party audits. Ensure complianc...

July 13, 2024 279 Views 0 comment Print

EPFO SOP on functionality for Freezing / Defreezing MID/UAN/Establishment

Corporate Law : Learn about EPFO new SOP for freezing/defreezing UAN/MID/Establishment effective from June 30, 2024. Read the detailed procedure a...

July 4, 2024 309 Views 0 comment Print

EPFO Eases Claim Filing: No More Cheque Leaf Uploads

Corporate Law : EPFO introduces a new relaxation, eliminating the need to upload cheque leaf images for certain eligible cases, expediting claim s...

May 28, 2024 3795 Views 0 comment Print

EPFO Clarifies Claim Settlement Without UAN for Death Cases

Corporate Law : EPFO allows processing of physical claims without Aadhaar in death cases to avoid delays, subject to verification and approval by ...

May 17, 2024 579 Views 0 comment Print

GPF Interest Clarification: Exceeding ₹5 Lakh Limit Explained

Corporate Law : Get clarity on GPF interest exceeding 5 lakhs. Learn about revised provisions & implications for government servants' GPF subscrip...

May 2, 2024 927 Views 0 comment Print


EPFO not to look at past performance while appointing new Asset Management Companies (AMCs)

May 22, 2011 859 Views 0 comment Print

Retirement fund body EPFO will not take into account the past performance of previously engaged ICICI Pru, HSBC AMC, SBI and Reliance Capital while finalising the new asset management companies (AMCs) for managing its Rs 3 lakh crore corpus. Since the returns on investment provided by four fund managers was above the bench mark level of 8.52 per cent, past performance as EPFO’s fund manager would not be given any weightage while making fresh appointments, a source privy to the development told PTI.

Penalty Provision in respect of delay in payment of P.F. dues

March 12, 2011 225519 Views 28 comments Print

Delay in deposit of P.F. dues attracts penal damages. Damages are levied at the following FLAT RATES: * For 0 — 2 months delay – @ 5 % p.a. * For 2 — 4 months delay – @10 % p.a. * For 4 — 6 months delay – @ 15 % p.a. * For delay above 6 months – @ 25 % p.a. (subject to a maximum of 100%)

FM may soon allow 9.50 Per Cent Interest on PF deposits for financial Year 2010-11

February 16, 2011 237 Views 0 comment Print

Finance Minister Pranab Mukherjee will soon give the green signal to the payment of 9.5 per cent interest rate on provident fund deposits during 2010-11, a senior government official said on Tuesday. “We can get ratification on 9.5 per cent for th

EPFO Launches “web Based” claim enquiry module

February 13, 2011 357 Views 0 comment Print

The Central Provident Fund commissioner Mr. Samirendra Chatterjee, I.A.S.,today launched Web Based Claim enquiry module at a small function organized at the EPFO headquarters. Addressing the officers and Staff of the Head Office he said the computeri

Indian Government makes another amendment to the provident fund (PF) regulations

February 4, 2011 1719 Views 0 comment Print

In the last two years, the Government of India has been making series of changes to the provident fund regulations. • After inclusion of international workers (IWs) into the PF net, and also restricting their withdrawals, the Government of

Labour ministry sticks to its ground on 9.5 percent payout on PF

January 19, 2011 243 Views 0 comment Print

The labour ministry has refused to rethink its decision to pay a higher 9.5% interest rate on employees provident fund corpus this year despite objections raised by the finance ministry. “The decision on interest rate has already been taken,” labour

Unions protest Finance Minister's opposition to 9.5 percent PF rate

January 19, 2011 261 Views 0 comment Print

Trade unions are up in arms against the reported refusal of the finance ministry to approve and notify an interest rate of 9.5 per cent on provident fund (PF) deposits for 2010-11, as decided by the Employees Provident Fund Organisation (EPFO) truste

Soon PF account Number will be Replaced by UID

January 4, 2011 465 Views 0 comment Print

The retirement fund manager EPFO plans to replace PF account number with unique identification number, a move which will help in speedy transfer of subscribers’ funds in case of job change and allow them to track their accounts online. At present whe

Multi-crore provident fund scam has shaken faith in judiciary

November 6, 2010 285 Views 0 comment Print

The involvement of as many as 30 judges in the multi-crore provident fund scam has shaken the confidence of people in the judiciary, attorney general G E Vahanvati told the Supreme Court on Thursday while arguing for CBI’s application seeking transfe

Entire 9.50 percent interest income on Employees Provident Fund to be tax-exempt

October 7, 2010 736 Views 0 comment Print

The finance ministry has assured the Employees Provident Fund Organisation , or EPFO, that the entire 9.5% interest on the accumulated corpus of account holders for the current fiscal will not be taxed, ending speculation that the government would st

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