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EPFO ORDER
India is plotting a game-changer for RBI, banks, corporates, investorsIndia is planning a high-frequency index to track its vast informal economy, covering millions of unincorporated companies. The proposed Mo...- EPFO 3.0 promises a digital PF experience, but can it fix years of legacy problems?EPFO 3.0 aims to modernize provident fund services through upgraded technology, faster claim processing, simplified withdrawals, digital re...
- EPFO asks retired employee to return Rs 2.5 crore PF money over company's trust exemption lapse; he fights in HC and winsA retired employee received relief from the Telangana High Court. The Employees' Provident Fund Organisation had demanded Rs 2.5 crore PF m...
- 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 member alert: Your nominee may lose provident fund, pension, other benefits if you make this little mistakeEPFO members are warned that e-nominations are invalid without e-signing via Aadhaar authentication. This crucial step ensures family membe...
- 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...
- 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...
- 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...
- Hike in minimum EPS pension of Rs 1,000 under consideration by EPFO: Know who will benefit and how?EPFO members' long wait for a higher minimum monthly pension under EPS-95 may soon end. The Ministry of Labour and Employment is reportedly...
- 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 puts on hold the option for its employees to adopt UPSIn an office order issued on Monday, the retirement fund body Employees’ Provident Fund Organisation (EPFO) said the matter regarding imple...
- Kerala HC's EPFO order a relief, but EPF subscribers' worries remainEPFO had also promised to issue a detailed explainer, which is awaited. The extended deadline for opting for higher pension is May 3
- EPFO prepares to accept more requests for pension hike after SC rulingFollowing the SC order, it is expected that more employees will approach EPFO to retrospectively enhance their contribution to get a hike i...
- EPFO plans to hire social media agency for presence on Facebook and TwitterThe development comes in the wake of street violence in Bengaluru earlier this year, following EPFO's order on tightening of rules for with...
- EPFO's Rs 1,000 minimum pension to benefit 32 lakh immediatelyIn a bid to make the event a memorable one, the Employees' Provident Fund Organisation (EPFO) has asked its field offices to organise a fac...
- EPFO asks field staff to enrol their outsourced workersEPFO recently notified the higher monthly wage ceiling of Rs 15,000 for becoming member of its social security schemes, which is effective ...
- Higher contributions to pension in new cases not allowed: EPFOEmployees' Provident Fund Organisation (EPFO) has been allowing members to contribute more than mandatory amount towards their pension acco...
- Aadhaar number not a must for EPFO membersThe body had also decided to seek the Aadhaar numbers of its pensioners through the banks.
- EPFO to use IT-based monitoring of private provident fund trustsEPFO has directed to ensure that BOT invest PF amounts in accordance with that investment pattern and within the stipulated time frame.
- EPFO puts on hold decision to make Aadhaar must for new accountsLate last month, EPFO decision drew flak from trade unions, following which the body has now decided to put it on hold.
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