The Ministry of Labour and Employment, Government of India, has recently announced a significant decision that will impact millions of employees across the country. According to a circular issued by the ministry, the Central Government has approved the crediting of interest at 8.15 percent for the year 2022-23 to the account of each member of […]
Author: Anupam Mittal
Atmanirbhar Bharat Rozgar Yojana-EPFO
Boost to new employment, the Ministry of Finance, in their Press release dated 12th November 2020, has announced a scheme of Atmanirbhar Bharat Rozgar Yojana (ABRY) under Atmanirbhar Bharat Package 3.0 Click here to download notification Key Features All Establishments registered under EPFO as of the date of the Press release shall be eligible for benefit […]
Draft Rules under The Code on Social Security 2020
The operationalization of the Code on Social Security 2020 will soon be a reality. The Union Ministry of Labor and Employment (MOLE) has notified Draft Rules under The Code on Social Security 2020 vide notification number G.S.R 713 (E) dated 13th November 2020. I am attaching herewith a copy of the notification for ready reference. Click […]
DSC/e Signature – EPFO
DSC/e Sign plays a VITAL role in the digital operation at EPFO Portal and ensures seamless online services to the members. All such requests for activation and de-activation of DSC to be submitted to the concerned Regional Office in physical for further approval of the designated official. Considering the prolonged lockdown announced by the Government, […]
Relief from Levy of Penal Damages
EPFO has issued the directions on 15th May 2020, considering the prolong lockdown to prevent COVID 19, that No Penal Interest, or so-called damages, under Section 14B of the EPF Act for any delay in the payment of contribution or administrative charges due for any period during the lockdown shall be levied. No proceedings to be […]
Provident Fund Due Date for March 2020 Payroll Extended
Finally EPFO has extended the due date for payment of PF dues including administrative charges and inspection charges for payroll month of March 2020 from 15th April 2020 to 15th May 2020. Attached is the circular dated 15th April 2020 issued by the Office of EPFO Click here to download notification
PM Garib Kalyan Yojana 2020
The Government has announced PM Garib Kalyan Yojna, 2020 wherein Employer & Employees’ Share of contribution (12% +12%) under The EPF Act for 3 months to be borne by the government for all such companies who have less than 100 employees and more than 90% of the employees are getting wages less than 15,000/- per […]
Change of Date of Birth in EPFO
Change of Date of Birth of a Member in Employee Provident Fund Office shall now be governed by new guidelines issued on 3rd April 2020. This will bring in a lot of ease to the member as new guidelines have been issued in Supersession of all earlier guidelines issued by EPFO. In the revised guidelines […]
ESIC Employee Enrollment within 10 days
Dear All, Attention provisions of Section 11 of THE EMPLOYEES’ STATE INSURANCE (GENERAL) REGULATIONS, 1950 which deals with Declaration by person in employment on appointment day in Form 1. This section implies that employees who are entitled to be enrolled under ESIC shall submit correct particulars with his/her photograph and that of his/her family] required […]
EPF Rate of Interest- FY 2018-2019
Long awaited notification declaring rate of interest @ 8.65% P.A for financial year 2018-2019 has been issued EPFO. Please refer to attached notification No. Invest.I/3(2)133/ROI/2018-19/5516 dated 27th September 2019. Click here to download notification
ESIC Reduced both Employee and Employer Contribution
Click here to download notification 1 Click here to download notification 2 In a historic decision, the Union government has cut the contributions made by employers and employees toward the health insurance scheme of Employees’ State Insurance Corporation (ESIC). The total contribution has been cut to 4 per cent from the current 6.5 per cent. […]
PMRPY Benefit can be Claimed
Click here to download notification 1 Click here to download notification 2 PMRPY benefit can be claimed in that month only if Information is being submitted on-line on the PMRPY form by 10th of the following month ECR is being submitted by 15th of the following month Director General of Employment has issued Office Memorandum […]
EPFO to Provide Pension Calculation to Pensioners
Click here to download notification Get Copy of Pension Worksheet while you get the intimation from EPFO that your pension has been settled. EPFO vide Circular No. :Pen-1/Meeting/digitization/2019/18533 dated 14th March 2019 has directed their Regional Offices to provide copy of pension worksheet while pensioners were intimated about the sanction of pension with immediate effect […]
Compliance of International Worker
Click here to download notification Prepare to get a call from EPFO if you have International Worker and they don’t appear in monthly ECR filed by you. EPFO vide Circular No. :IWU/7(68) 2014/Reconciliation of data with FRRO/15881 dated 7th March 2019 has directed their Regional Offices to ensure compliance of International Worker basis the data […]
ESIC-Funeral Expenses
Click here to download notification Click here to download form No-22 We wish to bring your attention to Gazette Notification No. G.S.R 169(E) dated 1st March 2019 issued Ministry of Labour and Employment enhancing the reimbursement of Funeral Expenses from INR 10,000/- to INR 15,000/- effective date of notification. Claim Funeral Expense ESIC has prescribed […]
Provident Fund to be Paid on Allowances
Earlier through our Blog dated 1st March 2019 [Supreme Court Judgement-Provident Fund to be Paid on Allowances or Not] we have apprised you of the Hon’ble Supreme Court Judgment in the subject matter. Vide that Judgment the Hon’ble Supreme Court has mandated that all allowances that are not part of any production / productivity / […]
Supreme Court Judgement-Provident Fund to be Paid on Allowances or Not
Click here to download Supreme Court Judgment for your ready reference Much awaited Judgement in the subject matter has been given by Hon’ble Supreme Court of India on 28th February 2019. According to the Judgment any allowances which are paid as special incentive or production bonus given to more meritorious workmen who put in extra […]
Provident Fund to be Paid on Allowances
Issue as to whether other allowances paid by employer is covered under “basic wage” for the purpose of calculating provident fund contribution has been finally Heard & Reserved, by Hon’ble Supreme Court of India, order dated 6th February 2019 in the case of Surya Roshini Ltd (Case No 1487 of 2012). There are other tagged […]
ESIC Draft Rules to Reduce Contribution Rates
Click here to download notification Ministry of Labour and Employment has issued Gazette Notification G.S.R 121 (E) dated 15/02/2019 notifying Draft Rules proposing to reduce Employee Contribution for ESIC to 1% from 1.75% and Employer Contribution to 4% from 4.75 %. Currently, the employee’s ESI contribution rate is 1.75% of the wages and that of […]
Seeding of KYC Information in UAN Portal
Attention is invited to Circular No. LC-4(115)2018/Aadhar/LO/13478 dated 18th October 2018 issued by Office of EPFO wherein it has been directed that no coercive action by way of prosecution should be taken for non-compliance of Order No. Coord./40(24)2010/DPG/Review Meeting/11387 dated 22nd June 2015 in the light of Hon’ble Supreme Court Judgment on Aadhar Act, 2016 […]