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EPF TRANSFER CLAIM
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...- 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...
- Withdraw EPF through UPI soon as government completes testingEmployees Provident Fund Organisation subscribers will soon withdraw their provident fund corpus directly through Unified Payment Interface...
- 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...
- Employee wins Rs 50,000 compensation from EPFO for 10-year delay in processing EPF transfer claimThe Chandigarh Consumer Commission ruled that the EPFO cannot use software issues as an excuse for a decade-long delay in transferring an e...
- EPFO member alert! Have old, inoperative EPF account? E-PRAAPTI portal will soon help you track it easilyThe Employees Provident Fund Organisation is introducing E-PRAAPTI, a new digital portal. This platform will assist members in finding, tra...
- Wrong EPF joining or exit date? This small error can cost you big; Here’s how to fix it fastSmall errors in EPF joining or exit dates can cause major financial problems. These mistakes can delay fund withdrawals and even impact you...
- Here’s how to fix errors in EPS records now to avoid PF claim rejection, pension lossIf you spot discrepancies in your EPS contributions, take immediate corrective measures or face rejection in EPF withdrawal or transfer cla...
- 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 extends facility to de-link wrong member IDs: Who should apply? Step-by-step process explainedEPFO has extended the functionality for members to de-link incorrect Member IDs (MIDs) from their Universal Account Number (UAN). This allo...
- EPFO 3.0: Government reveals status of centralised pension system, auto claim settlement and EPF account transfer claimsThe government has provided an update on EPFO 3.0 reforms. Key developments include faster claim settlements and an expanded subscriber bas...
- To address overlapping service period issue in PF transfer, EPFO simplifies rules for account transfer from old to new employerThe Employees' Provident Fund Organisation (EPFO) has introduced measures to streamline transfer claim processing, addressing issues of ove...
- EPF interest rate: Will you lose higher interest on EPF if you don't transfer your EPF account from old to new employer?Indian salaried individuals should transfer their EPF accounts upon changing jobs to continue earning interest. Neglecting this transfer ca...
- Automatic EPF account transfer from old to new job: How EPFO's facility worksAutomatic EPF account transfer: Employees Provident Fund (EPF) members can now automatically transfer their provident fund accounts from th...
- EPF withdrawal, transfer claim: How many days does it take to settle a claim or release EPF amountEPF members can submit their withdrawal or transfer claims both online and offline. Individuals can check the progress of their EPF claims ...
- EPF transfer on job change to become automated from next fiscalEPFO subscribers won't require to file provident fund claims from next fiscal when they change jobs.
- How to claim EPF online by linking UAN with AadhaarThe new Aadhaar linked 'composite claim form' can be used for availing benefits as under EPF Form 19, Form 10C and PF part withdrawals Form...
- How to transfer your PF money online: Here's a step-by-step guideA not-so-good hike may prompt you to look for greener pastures elsewhere. When you move to another company, you'll need to transfer your EP...
- Now you need not file separate EPF transfer claim on switching jobsEPFO subscribers are no longer required to file separate EPF transfer claims using Form-13 after changing jobs as it will now be done autom...
- Applied online for EPF transfer after March 1, 2017? You need to re-apply & here's how to do itIf you had initiated a transfer process from the 'online transfer claim portal' any time after March 1, 2017, you will have to resubmit you...
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