Author: Anupam Mittal

Seeding of KYC Information in UAN Portal

October 20, 2018

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 […]

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CPFC has no Powers to issue Order NO: Coord./40(24)2010/DPG/Review Meeting/11387 dated 22nd June 2015

October 20, 2018

Hon’ble High Court of Kerala at Ernakulum dated 7th February 2018 has held that the Central Provident Fund Commissioner can invoke power under para 78(3) of The Employee’s Provident Fund Scheme 1952 only when the directions have been issued by the Central Government under para 78(1) of The Employee’s Provident Fund Scheme 1952. Since there […]

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PF Processes Discussion and Features

May 18, 2018

Everything you need to know about EPFO’s Universal Account Number (UAN) The Universal Account Number (UAN) was launched by Prime Minister Narendra Modi in October 2014. The UAN is a 12-digit identification number for all individuals who contribute to the Employee Provident Fund (EPF) and this number is generated by the Employees’ Provident Fund Organization […]

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SGC Pradhan Mantri Rozgar Prtosahan Yojana (PMRPY)

Government to pay full employer contribution of PF for first time employees

April 28, 2018

The Government will pay full employers contribution including EPF and EPS w.e.f 01/04/2018 for a period of three years (3 YEARS) for the new employees and to the exiting beneficiaries for the renaming period. The scheme is valid for existing employees enrolled in the scheme and new employees enrolled till 31st March 2019. Click here […]

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Voluntary Provident Fund

Voluntary Provident Fund (VPF)

April 17, 2018

What is VPF contribution? The EPF Scheme Para 29(2) allows an employee to contribute more than 12% of the EPF Wages. Any contribution over and above 12% of EPF Wages is being termed as VPF (Voluntary Provident Fund). EPF Wage shall be the wage on which employer is deducting PF on monthly basis and depositing […]

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Tax-free gratuity ceiling raised to Rs 20 lakh for private sector

Tax-free gratuity ceiling raised to Rs 20 Lakh

March 30, 2018

Much awaited notifications under the Payment of Gratuity Act has been issued. Tax-free gratuity ceiling raised to Rs 20 Lakh for private sector employees. download notifications  copy. GRATUITY INC 20 LACS NOTFCTN Vide Gazette Notification no. S/O 1419 (E) dated 29th March 2018 changes vide the Payment of Gratuity (Amendment) Act, 2018 (12 of 2018) shall be effective from […]

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EPFO cuts interest rate to 8.55% for 2017-18 from 8.65% for 2016-17

March 28, 2018

Dear All, We would like to bring to your attention to the decision taken by CBT in their meeting held on Tuesday 21st 2019. EPFO has declared, yet to be notified, rate of interest @ 8.55 % for FY 2017-18   Rate of Interest for the previous financial year was 8.65 % Effective date of […]

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UMANG-MOBILE APP

March 28, 2018

Hi There,   We would like to bring to your kind attention that Mobile Application UMANG (Unified Mobile Application for New-age Governance)  has been launched by Government of India.   It is developed by Ministry of Electronics and Information Technology (MeitY) and National e-Governance Division (NeGD) to drive Mobile Governance in India UMANG provides a […]

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Online Correction of Name/Date of Birth/Gender in Provident Fund Record

March 28, 2018

We would like to bring your attention to Circular number NDC/2017/UAN/Pt./2741 dated 21st November 2017 (as attached) wherein EPFO has provided an Online facility for correction in the Member record w.r.t Name/Date of Birth and Gender as per Aadhar records. Earlier for all these correction employee and employer has to fill up Joint declaration manually […]

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Unclaimed Amount under PF to be Transferred to Senoir Citizen Welfare Fund

March 28, 2018

Dear All, We would like to bring to your kind attention Circular No. Exem/32(18)/2016/Exemptions/14780 dated 13th October 2017 wherein any Unclaimed Provident Fund amount for a period of SEVEN YEARS from the date it becomes INOPERATIVE shall be transferred to Senior Citizen Welfare Fund. Exem_SCWFR_14780 Said rule is applicable for the funds being held by […]

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Online Aadhaar Verified UAN Allotment for any Citizen at Unified Portal

March 28, 2018

Dear all, We would like to bring to your attention Circular No. NDC/2017/UAN/Part/2729dated 21st November 2017 by which an open functionality is being provided at UNIFIED Portal through which any citizen can generate his/her UAN based on Aadhar. Below is the link to generate Online Aadhaar Verified UAN number. NDC_AllotmentUAN_UnifiedPortal_2729   https://unifiedportal-mem.epfindia.gov.in/memberinterface/no-auth/citizenRegistration/viewRegistraton   Any person has […]

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FAQ Inspection Policy being adopted by the Office of EPFO

March 28, 2018

Dear All, We would like to bring to your attention Circular No. CAIU/RTI/17/2017/13502 dated 5th October w.r.t Inspection Policy being adopted by the Office of EPFO. CAIU_FAQ_InspectionPolicy_13502   Policy being followed by Office of EPFO to inspect establishments have been released in the form of FAQ’s, as attached.   Publication of FAQ’s brings in complete transparency […]

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EPFO Thresh-hold to be reduced to 10 from 20

March 28, 2018

Dear All, We would like to bring to your attention the decision taken by CBT in their meeting held on Tuesday 21st 2019 to reduce the workers threshold for coverage under the EPFO schemes to 10 from existing 20. EPFO Thresh-hold to be reduced to 10 from 20 EPFO estimates that reduction in employees threshold […]

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Circular Exempted Trusts

March 28, 2018

Hi There, We would like to bring to your attention Circular No. Exem/10(20)/2016/Vol – III/14471 dated 9th October 2017 wherein reference have been made to Circular No. Exem/10(20)/2016/Vol – III/10735 dated 29th September 2017 w.r.t issuance of Show-Cause Notice for cancellation of Exemption on non-filing of Online return EXEM_showcausenotice_ExEstt_14471 In Circular No. Exem/10(20)/2016/Vol – III/10735 […]

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Real Time Monitoring of Exempted Establishment

March 28, 2018

Dear All, We would like to bring your attention to Circular No. C-Misc/Ex.Return/2013/Vol-II/13587 dated 21st September 2017 w.r.t Introduction of Real Time Monitoring of Exempted Establishment.   EPFO has implemented the filing of online returns in the new version of UAN. Subsequent to the implementation of new software, real time monitoring of exempted establishment has […]

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Automatic Transfer of Provident Fund to New Employer

March 28, 2018

Dear All, We would like to bring to your attention Circular No IS/4(1)/2017/2715 dated 15th November 2017 by which functionality for Auto Transfer of Provident Fund from previous employer to the new employer has been activated with the linking of UAN Number . download link here IS_AccAutoTransfer_UnPr_2715 Following conditions have to be satisfied enabling the Auto […]

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