Can you increase your pension under EPF? Retirees who were contributing 12% of actual salary to EPFO may be eligible to increase pension by retrospectively reclassifying their monthly contributions A Supreme Court judgement that was passed last year allows employees under the Employees’ Provident Fund (EPF) to contribute a higher amount to the Employees’ Pension Scheme (EPS) … [Read more...] about Can you increase your pension under EPF?
Aadhaar linking and interoperability of GPF, PPF and EFF accounts. No. D-11011/36/2016- DBT (Cab.) Govt. of India Cabinet Secretariat DBT Mission Subject: Aadhaar linking and interoperability of General Provident Fund (GPF), Public Provident Fund (PPF) and Employees’ Provident Fund (EFF) accounts regarding. A meeting was held under the chairmanship of Joint Secretary, … [Read more...] about Aadhaar linking and interoperability of GPF, PPF and EFF accounts.
Inoperative EPF Accounts The Government vide notification no. G.S.R. 1065 (E) dated 11.11.2016 has amended paragraph 72(6) of the Employees’ Provident Funds (EPF) Scheme, 1952 wherein changes have been made in the conditions leading to a Provident Fund (PF) account becoming an Inoperative Account. As per amended definition of Inoperative Account (w.e.f. 11.11.2016), an account … [Read more...] about Inoperative EPF Accounts
Government to Amend EPF Scheme, 1952 to Enable EPF Members to Withdraw upto 90 Percent Fund for Purchase of House. The Government has taken a decision for modification in the Employees’ Provident Funds (EPF) Scheme, 1952 to add a new paragraph 68 BD under which a member of Employees’ Provident Fund (EPF), being a member of a co-operative society or a housing society having at … [Read more...] about Government to Amend EPF Scheme
Last date of submission of Digital Life Certificate through Jeevan Pramaan Patra extended upto 31st March 2017 EPF & MP Act, 1952 made applicable to all staff employed in ECHS on contractual basis A single page composite claim form in death cases replaces Form 20, form 5-IF and Form 10-D Noticing that many pensioners are yet to submit Aadhaar authenticated Jeevan Pramaan … [Read more...] about Last date of submission of Digital Life Certificate
Expansion of EPF Ambit To bring in more employees from public and private sector into the ambit of Employees’ Provident Fund Organization (EPFO), an Employees’ Enrolment Campaign, 2017 has been launched for the period 01.01.2017 to 31.03.2017. Under the campaign, an employer, whether already covered or yet to be covered, can enroll employees who remained un-enrolled for any … [Read more...] about Expansion of EPF Ambit
30 lakh to benefit from new EPF limit The move will help 1.2 crore people who will now be eligible for health care benefits. The Centre's move to increase the wage ceiling for employee coverage under the Employees' Provident Funds and Miscellaneous Provisions Act, 1952, to Rs 25,000 per month from the existing Rs 15,000 per month limit is expected to benefit a larger working … [Read more...] about 30 lakh to benefit from new EPF limit
Benefits to Workers in More Sectors under ESIC & EPF So far as benefits under Employees’ State Insurance (ESI) Scheme are concerned, the ESI Corporation has already launched/approved two separate schemes to provide medical facilities to selected category of self-employed workers like Auto-rickshaw drivers and domestic workers and their family members on pilot basis at … [Read more...] about Benefits to Workers in More Sectors under ESIC & EPF
After 7th Pay Commission salary hikes, move on to raise minimum wage ceiling under EPF. The minimum wage ceiling under the Employees' Provident Fund (EPF) could soon be raised to Rs 25,000 from the existing Rs 15,000. A hike in the wage limit as proposed would mean all employees drawing basic salary Rs 25,000 would have to compulsorily contribute to the provident … [Read more...] about After 7th CPC salary hikes, move on to raise minimum wage ceiling under EPF.
Now, you will get all PF, pension dues on or before retirement date on PM Narendra Modi push Your provident fund (PF) and Employee Pension Scheme (EPS) dues will be paid by the Employees’ Provident Fund Organisation (EPFO) on or before the day you retire. A decision to this effect has been taken by EPFO and instructions have been issued by the Central Provident Fund … [Read more...] about Now, you will get all PF, pension dues on or before retirement date on PM Narendra Modi push