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EPFO GUIDELINES
Rs 7 lakh life insurance cover at zero premium, which very few EPF members are aware of; check how to claim when neededEmployees' Provident Fund contributions offer a life insurance cover of up to Rs 7 lakh through the EDLI scheme, at no extra premium. This ...
Can salary-linked SIPs transform mutual fund investing for salaried Indians? Experts weigh inSebi has proposed a framework allowing salaried employees to invest in mutual funds through salary deductions, similar to EPF and NPS. This...
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 guidelines for international workers: Govt lays down procedure to transfer EPF amount to foreign accountsThe Employees Provident Fund Organisation has simplified rules for international workers. Payments can now be made directly to overseas ban...
Found anomalies in your EPS remittances? EPFO explains how you can get refund for wrong contributionEmployers are making mistakes with Employees Pension Scheme contributions. Some members are wrongly included, while eligible ones are exclu...
Overlap in service periods? EPFO simplifies transfer claim process of overlapping service periods
EPFO looks to reinvest its ETF money, pings Finance MinistryThe Employees' Provident Fund Organisation (EPFO) is in discussions with the finance ministry to reinvest its redemption proceeds from exch...
EPFO looks to increase equity investmentsThe retirement fund body will soon approach the finance ministry to seek its clearance for investing the proceeds from ETFs in any permissi...
How to check your EPS membership status to receive higher pensionMany employees may be wondering if they were members of Employees' Pension Scheme (EPS) on September 1, 2014 to apply for higher pension. I...
EPFO issues guidelines for higher pension from EPS: Know where, how to applyThe EPFO on February 20 released a circular providing guidelines how eligible employees can apply for higher pension under the Employees Pr...
EPFO extends deadline for these EPS members to apply for higher pension till May 3; opens online application linkThe Employees Provident Fund Organisation (EPFO) has activated the link for online application form for those EPS members who missed the ea...
EPFO says online facility to submit joint option form for higher EPS pension ‘coming soon’The EPFO circular issued on February 20, says that the EPF commissioner will specify the form and method for eligible employees to submit t...
KK Jalan explains what higher pension option means for EPFO subscribers" The present guidelines say if you have contributed at a higher rate, then you are eligible for a higher rate of pension. That is the only...
EPFO issues guidelines to settle death claims in seven daysCPFC informed the Minister that on Prime Ministers' directions, EPFO has issued detailed guidelines on retirement and death cases.
Aadhaar mandatory for new EPFO subscribers from March 1New members joining the EPFO's retirement fund scheme will have to mandatorily furnish Aadhaar number as KYC (Know Your Customer) credentia...
Govt may put on hold implementation of EPFO circularAccording to the circular, inquiry against employers can only be initiated after "actionable and verifiable information" is placed for cons...
- Over Rs 4,000 cr PF money to flow into bonds of PSU arms
Over Rs 4,000 crore will flow into the bonds of joint ventures promoted by public sector undertakings every year following the decision of ...
- Good move, on paper
Liberalising PF investment guidelines is a welcome move. Today, accounts in both the EPFO and many exempt PFs (that manage their own funds,...
- UTI AMC, LIC MF in race to manage pension scheme
UTI Asset Management and LIC Mutual Fund Asset Management are in the race for managing the country’s largest pension scheme. Tips to plan e...