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EPFO LOST CASE
Higher EPS 95 Pension: For employees' higher pension, employer can’t contribute retrospectively to EPS above the statutory limit, rules Kerala HCKerala High Court ruled against retrospective higher pension claims for 67 CIAL employees. Despite CIAL offering retrospective contribution...
EPFO officers seek more powers, tools after Goa nightclub tragedyA tragic fire in Goa has highlighted serious lapses in Employees' Provident Fund compliance. The Employees' Provident Fund Officers' Associ...
EPFO new rules: After backlash, government explains how revised EPF, EPS pension withdrawal rules will benefit membersThe Labour Ministry and EPFO have clarified recent changes to EPF withdrawal and EPS pension rules, refuting claims of 'open theft'. The re...
Higher EPS pension can’t be denied to members retiring after September 1, 2014, once EPFO accepts higher wage contributions, Kerala High CourtKerala High Court recently ruled in favor of employees seeking higher pension. EPFO had denied claims due to bulk contributions made by the...
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...
EPF withdrawal claim: How many days does it take to settle an EPF withdrawal claim?Settlement of EPF withdrawal claim: Many Employees' Provident Fund (EPF) members experienced difficulties after submitting withdrawal reque...
Scheme for formal employment generation falls short of targetAs per latest government data, enrolments under ABRY stood at 6.04 million as on July 22, 2023, well short of the revised target of generat...
Odisha Train Accident: EPFO relaxes norms for EDLI, pension claim, suggests alternatives to death certificateThe competent authority has decided to relax the necessity of a death certificate for EDLI and pension claims relating to deceased members ...
How nominee can file claim in EPF, EPS and EDLI online after death of an individualHere is how nominees can file a claim for money in a deceased person's EPF, EPS and EDLI schemes' accounts online. Nominees should note tha...
How retail investors can be protected from market volatility, fraudsLet's consider how India's young investors invest. Many park their savings in mutual funds and equity assets. Others seek additional gains ...
Rs 82,000 crore lying in unclaimed bank a/cs, life insurance, mutual funds, PF: How to get your money backET Wealth estimates that more than Rs 82,000 crore of investor wealth is lying unclaimed in forgotten and lost investments. There are uncla...
Hardships faced by salaried people: 35 million workers tapped provident fund accounts since April 2020These 35 million workers together withdrew Rs 1.25 lakh crore from their provident fund accounts. The amount includes settlements against p...
Atmanirbhar Bharat Rozgar Yojana: Job plan may have a tough job to doThe ceiling will exclude employers from benefiting from the subsidy for jobs that pay even slightly more than ₹15,000 but well within wage ...
Beware: One wrong Google search can wipe out your entire bank accountRecently, a woman in Bengaluru lost her entire bank balance when she dialled a fake Zomato call center to seek a refund for her order.
Babul Supriyo lauds CBI progress in Saradha scam"CBI is an organised institution. We have already seen that chief minister Jayalalitha has been sent to jail. The law will move in its own ...
- New PF norms leave expats in lurch
Following amendments, nearly 7,000 international workers would be permitted to withdraw their accumulated balance only after they turn 58.
- Controversy could check the pace of further reforms
It took the Employees Provident Fund Organisation (EPFO) a lot of convincing and efforts to finally entrust the task of managing part of it...