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 […]

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 / […]

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 […]

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 […]

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 […]

Latest Updates : Provident Fund

EPFO Thresh-hold to be reduced to 10 from 20

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 […]

Latest Updates : Provident Fund

Real Time Monitoring of Exempted Establishment

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 […]

Latest Updates : Provident Fund

Automatic Transfer of Provident Fund to New Employer

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 […]