PMRPY

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 […]

Latest Updates : Provident Fund

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

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 Latest Updates : ESIC

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 […]

Latest Updates : Provident Fund

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 / […]

Payroll Updates

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 […]

Latest Updates : Provident Fund

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

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 […]

Latest Updates : Provident Fund

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 […]

Latest Updates : Provident Fund

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

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 […]

SGC Pradhan Mantri Rozgar Prtosahan Yojana (PMRPY)
Latest Updates : Provident Fund

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

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 […]

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

Tax-free gratuity ceiling raised to Rs 20 Lakh

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 […]

Latest Updates : Provident Fund

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

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 […]

Latest Updates : Provident Fund

UMANG-MOBILE APP

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 […]

Latest Updates : Provident Fund

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

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 […]

Latest Updates : Provident Fund

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

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 […]

Aadhaar Card Latest Updates : Provident Fund

Online Aadhaar Verified UAN Allotment for any Citizen at Unified Portal

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 […]

Latest Updates : Provident Fund

FAQ Inspection Policy being adopted by the Office of EPFO

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 […]