Attention is invited to Circular No. ELI/UANActivation/2024 dated 22nd November 2024 ensuring the Activation of UAN by the employees including SEEDING of Bank Account Linked with Aadhar for availing the benefit under the Employment Linked Incentive (ELI) Scheme announced in Union Budget 2024-25, as announced by the Government of India in the last Finace Budget. […]
Latest Updates : Provident Fund
2FA OTP Mobile Login on PF and ESI Portals: A Growing Challenge for Employers
The recent introduction of mobile-based OTP authentication for logging into EPFO and ESI portals has added a layer of security but created significant challenges for employers, particularly those managing multiple accounts or handling payroll outsourcing. Frequent OTP retrieval from registered mobile numbers, often belonging to clients, has become a time-consuming task, especially on the ESI […]
Government of India Approves 8.15% Interest Rate on EPF Deposits: A Boost for Provident Fund Members
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 […]
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
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 […]
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
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 […]
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 / […]
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 […]
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 […]
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 […]
PF Processes Discussion and Features
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]