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EPF DAMAGES AND INTEREST
EPFO held on to Rs 10 lakh for 11 years: Patna HC orders it to refund the deposit with 6% interest for ‘unjust enrichment’The Patna High Court has ordered the EPFO to pay 6% annual interest on a Rs 10 lakh deposit, citing unjust enrichment. The court ruled that...
EPFO urges employers to enroll left out employees, gives special compliance window of six monthsThe Employees' Provident Fund Organisation (EPFO) has launched a special six-month compliance window, the Employees' Enrolment Scheme (EES)...
New EPFO scheme from November 1, 2025: Check eligibility criteria, features, penalty and other details of Employees' Enrolment Scheme, 2025The Ministry of Labour & Employment launched the Employees' Enrolment Scheme - 2025 on November 1, 2025, to encourage voluntary compliance ...
EPFO reforms: CBT announces 100% EPF withdrawal, sets new minimum balance rules, launches ‘Vishwas Scheme’ to reduce litigationEPFO has introduced significant changes to EPF withdrawal rules. Members can now withdraw up to 100% of their eligible balance. Limits for ...
Tax-free, risk-free, and effort-free. But CA says many employees make mistakes that cost lakhs in lost savingsChartered Accountant Nitin Kaushik highlights the benefits of Employee Provident Funds. EPF is a government-backed savings tool. It offers ...
Late, missing PF contributions by employer today could prevent your PF withdrawal, transfer later: Here’s how to track your EPF properlyYour Employee Provident Fund withdrawals can face rejection due to discrepancies in contributions and employment records cause issues. Miss...
EPF due payment via demand draft: EPFO allows one-time payment of past EPF dues via Demand DraftThe EPFO now permits employers to make one-time payments of past EPF dues via Demand Drafts, addressing situations where the standard Elect...
Employers can log in to EPF portal to check on liabilitiesThe Employees' Provident Fund Organisation (EPFO) in India has introduced automated solutions for damages and interest calculations to impr...
Private sector’s default on PF dues has risen by almost 10% in last 5 yrs, says EPFO's draft reportThe private sector's default on provident fund dues with the Employees' Provident Fund Organisation (EPFO) has increased by almost 10% over...
What to do if your employer does not deposit EPF contributions in your accountIt may happen that certain contributions are missing from your Employees' Provident Fund (EPF) account. This may be due to employer not dep...
Byju’s staff to get their PF dues as company transfers Rs 123 crore to EPFOAccording to people familiar with the development, Byju’s has made a payment of Rs 123.1 crore to the EPFO for a 10-month period from Augus...
EPFO update: What happens to EPF account's interest if employer fails to deposit contributionAccording to a ruling made by the Supreme Court in February 2022, an employer is required to cover damages if an employee's Employees' Prov...
Double benefit: Here are 6 tax saving investments with tax-exempt returnsHere are 6 tax savers that will not only help you save tax but also help you earn tax-free income, subject to certain conditions. Do note t...
India's GDP growth likely to range up to 1.5% in FY21: CIIIn the baseline scenario, the Gross Domestic Product (GDP) is expected to grow at just 0.6 per cent on an annual basis as economic activity...
Under EPF amnesty scheme, companies can now enrol employeesCompanies having 20 or more employees are required to mandatorily enrol those employees under the EPF scheme who have a salary of up to Rs ...
EPFO probing delay in PF contribution by KingfisherRetirement fund body EPFO is probing the issue of non-compliance in provident fund (PF) contribution by Kingfisher Airlines relating to int...
PM Narendra Modi steps in, tells Arun Jaitley to hold tax on EPF withdrawalTrade unions, including RSS-backed Bharatiya Mazdoor Sangh, BJP MPs, along with Congress and other opposition parties have joined the prote...
EPFO settles over 76 lakh claims during Apr-NovRetirement fund body EPFO has settled over 76 lakh claims till November in this fiscal, of which more than 40 per cent were settled within ...
EPFO may have ruined your retirement plans. Here's howRetirement body’s historical aversion to stocks may have cost you a corpus big enough to ensure a comfortable retirement. Here’s how you ca...
EPFO asks its field offices to ensure compliance by BSNLAs per a report submitted by the BSNL, as many as 3,469 casual labourers (including those having temporary status) were working in the comp...