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EPFO AUDIT
Your employer may soon pay your SIP from salary: Sebi's new mutual fund proposal explainedYour employer might soon invest in mutual funds directly from your salary. Sebi is considering a new proposal to allow this. Employees can ...- India services activity hits 5-month high in April on strong domestic demand: HSBC PMIIndia's services sector saw strong growth in April, reaching a five-month peak. Domestic demand and new orders fueled this expansion. Manuf...
- 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...
- CAG flags delay in finalisation of accounts of various PSUs, autonomous bodies in J&KThe CAG has flagged a massive backlog in the finalization of accounts for Jammu and Kashmir's PSUs and autonomous bodies, with many remaini...
- EPFO may ease PF interest rate to 8-8.2% in FY26The Employees' Provident Fund Organisation (EPFO) is set to consider a slight reduction in the interest rate for provident fund deposits fo...
- EPFO orders audit of applications for higher pension; exempted units in focusThe Employees' Provident Fund Organisation (EPFO) will audit pension applications related to higher wages, prioritizing exempted establishm...
- EPF withdrawal claim: Do you need to submit any documents while withdrawing money from your EPF account?Many EPF members are confused whether they are required to submit any documentary evidence while submitting an EPF withdrawal claim to the ...
- Compliance check: EPFO reports 69% higher outstandings for FY24The Employees' Provident Fund Organisation (EPFO) reported a significant increase in outstanding dues, reaching ₹25,821 crore in March 2024...
- EPFO board approves framework for timely dissemination of informationThe EPFO board also approved the Draft Audit Manual which will help standardize audit procedures, provide a training resource for employees...
- EPFO 25-year vision focuses on portfolio expansionThe retirement fund body will hold its 232nd central board of trustees (CBT) meeting on October 31-November 1 in New Delhi to mark its foun...
- EPFO meet next month to finalise interest rateThe Finance Investment and Audit Committee of the EPFO will meet on Wednesday and is expected to discuss the earnings of EPFO till now, bas...
- EPFO likely to appoint 3 AMCs as fund managersNow the proposal finalised would be placed before the EPFO’s apex decision-making body Central Board of Trustees.
- EPFO raises rate marginally to 8.8% for FY16, leaving trade unions unhappyBandaru Dattatreya, who chaired the meeting of the Central Board of Trustees on Tuesday, said 8.80 % is an “interim” interest rate.
- Government to soon mandate EPFO to invest 5% of incremental corpus in ETFsThe finance ministry had notified the new investment pattern for non-govt provident funds, superannuation funds and gratuity funds.
- EPFO to dispose off voluntary coverage cases by April 30The EPFO Headquarters has also asked the Zonal Additional CPFCs to notify all approved proposal for voluntary coverage by April 30.
- EPFO postpones trustees meet scheduled for next weekEPFO has postponed the November 11 meeting of its apex decision making body which was scheduled to discuss and approve audit as well as ann...
- Employees' Provident Fund Organisation's trustees to meet on November 11PM is likely to launch the UAN members' portal, which would facilitate over 4 crore EPFO members' to access their accounts online in real t...
- CAG looking into performance of EPFO's fund managerCAG is looking into the performance of the fund managers appointed by the EPFO to manage its huge corpus of Rs 3.5 lakh crore.
- Our numbers are in order: EPFO to finminTaking a combative stand on its decision to pay 9.5% interest on the provident fund accumulations, the Employees Provident Fund Organizatio...
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