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EPF SCHEME 1952
EPFO asks retired employee to return Rs 2.5 crore PF money over company's trust exemption lapse; he fights in HC and winsA retired employee received relief from the Telangana High Court. The Employees' Provident Fund Organisation had demanded Rs 2.5 crore PF m...
EPFO: When can EPF interest be credited to your account? Check hereEPFO subscribers are awaiting their FY 2025-26 interest credit, despite the 8.25% rate announcement in March. While delays are common due t...
EPS-95 Higher Pension: Employees contributing to EPF on actual wages cannot be denied higher EPS 95 pension if they were EPS members on September 1, 2014, rules HCThe Karnataka High Court has ruled in favour of exempt trust employees. Those who retired after September 1, 2014, and contributed Providen...
EPFO to launch WhatsApp service for PF updates; government targets faster resolution of pending legal disputesThe Employees’ Provident Fund Organisation (EPFO) is set to launch a WhatsApp service for PF updates, allowing members to interact with the...
Withdrawal of retirement funds soon to be automated: EPFOThe Employees Provident Fund Organisation, EPFO, will soon automate final provident fund withdrawal claims. This will speed up money transf...
EPFO overhauls PF trust rules: Risk-based audits, 2% interest cap on exempted establishmentsNew rules are set for companies managing their own provident fund trusts. Mandatory annual audits are replaced by a risk-based system. Inte...
Higher EPS Pension: EPFO can’t use the excuse of employer’s deficient system of recordkeeping as a ground to deny higher pension to employees, rules Bombay HCBombay High Court ruled in favour of six employees seeking higher pensions. The court stated the Employee Provident Fund Organisation (EPFO...
EPFO welcomes Income Tax rationalisation for private PFsThe Union Budget proposes changes to the Income Tax rules for provident fund trusts. These changes will align tax laws with the Employees' ...
Employee with Rs 7,410 salary seek EPF, ESI relief and compensation after being laid off; consumer commission rejects case for this reasonA Delhi employee sought EPF and ESI benefits after being laid off. His case was dismissed by consumer commissions. The commissions ruled th...
Higher EPS pension for EPF members allowed by Punjab & Haryana High Court for pre-2014 retired employees with these three conditionsThe Punjab & Haryana High Court has ruled that certain employees who retired before September 1, 2014, may still be eligible for higher pen...
Thinking of withdrawing EPF for misuse? EPFO warns it can lead to recovery under EPF schemeThe EPFO warns against misusing withdrawn EPF amounts, stating it can lead to recovery with penal interest under the EPF Scheme, 1952. EPF ...
PF claim settlement rule change: Now EPF members will get more interest money on EPF withdrawal, faster settlementNew EPF claim settlement rule: The EPFO has announced changes in Para 60(2)(b) of the EPF Scheme, 1952. The changes announced in the Employ...
EPFO latest rules on submission of digital joint requests to increase EPF contributionThe Employees’ Provident Fund Organisation (EPFO) subscribers who wish to contribute more than the statutory limit must submit a joint requ...
Process of applying for higher pension on unified portal simple, easy to understand: MoS Rameswar TeliFollowing the Supreme Court order in November 2022, the Employees' Provident Fund Organisation (EPFO) had given option to subscribers and t...
EPFO declares 8.15% as EPF interest rate for FY 2022-23The EPFO has announced the interest rate for EPF accounts for the financial year ended on March 31, 2023. The interest rate for FY 2022-23 ...
On eve of Supreme Court hearing, EPFO’s higher pension form ‘missing’The landing page of the EPFO’s unified portal showed the ‘Pension on Higher Salary: Exercise of Joint Option under para 11(3) and para 11(4...
EPFO onboards over 7000 Air India employeesAccording to the statement, the employees of Air India will now be entitled to receive an extra 2% employer’s contributions in their provid...
Labour Ministry allows EPF withdrawal amid lockdownThe decision is taken in view of lockdown across the country to fight COVID-19. The COVID-19 has been declared pandemic and therefore emplo...
Employee not in employment for a month can withdraw 75% of EPF moneyEPF members with no jobs for a month can avail 75% of the total fund standing to his/her credit.
- EPF net to be widened, pink slip insurance likely
Call centres, cellphone operators, medical transcriptions and a host of new generation services are set to be brought under the EPF net wit...