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EPFO RECOVERY RULES
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 reforms: CBT announces 100% EPF withdrawal, sets new minimum balance rules, launches ‘Vishwas Scheme’ to reduce litigationEPFO has introduced significant changes to EPF withdrawal rules. Members can now withdraw up to 100% of their eligible balance. Limits for ...
- Govt deducted Rs 9.23 lakh from pension of late employee; employees' legal heirs fight back, win the case in Chhattisgarh High CourtAfter working for 28 years, without any disciplinary proceedings, govt deducted Rs 9.23 lakh from his pension, Chhattisgarh High Court says...
- Government deducted gratuity and pension of a retired engineer for not vacating govt residence on time, he fights back and wins case in Supreme CourtSupreme Court said: "Pension and other retiral dues are benefits that have been earned by an employee due to the service rendered to the in...
- 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...
- Thinking of withdrawing EPF for misuse? EPFO warns it can lead to recovery under EPF schemeThe EPFO warns against misusing withdrawn EPF amounts, stating it can lead to recovery with penal interest under the EPF Scheme, 1952. EPF ...
- Do international employees still have to make EPF contributions after Karnataka High Court ruling?Karnataka High Court's April 25, 2024 ruling deemed special provisions for International Workers under EPF Scheme unconstitutional, affecti...
- Reliance Capital Resolution: More challenges aheadAlthough Reliance Capital's (RCap) lenders succeeded in concluding the second auction with an improved offer, they will have to cross sever...
- Why Nifty is showing no signs of topping out yetWith the recent rate hikes, inflation has started coming down. This will also help companies with decent debt equity ratio to improve their...
- We are in talks with HR heads of companies on wage code: Labour Minister Bhupender YadavAccording to labour and employment minister Bhupender Yadav, India's labour codes are futuristic. "India is one of the few countries in the...
- EPF members can take up to Rs 1 lakh medical advance for emergency hospitalisation including covidThe Employees' Provident Fund Organisation (EPFO), via a circular dated June 1, 2021, has streamlined the process of granting medical advan...
- SGX Nifty down 15 points; here's what changed for market while you were sleepingNifty futures on the Singapore Exchange traded 16.5 points, or 0.14 per cent, lower at 11,648.50, in signs that Dalal Street was headed for...
- SGX Nifty up 55 points; here's what changed for market while you were sleepingNifty futures on the Singapore Exchange traded 57.5 points, or 0.56 per cent higher at 10,293.50, in signs that Dalal Street was headed for...
- DHFL offers to repay investors in full, but seeks nod for ICADHFL has proposed to issue four sets of fresh debt securities collateralised to different assets.
- Market Movers: Euro hits 1-yr low, Turkish lira sinks; oil prices creep up, real estate on recovery mode & moreA lowdown on top macro triggers that may move market on Monday.
- need2know: Indian bond lure for FPIs, RBI rate review & other macro triggersActivity in India's services sector grew at the fastest pace in three months in January.
- How and when one can access EPF while still in jobEPFO allows you to access EPF even during the course of employment, but if the advance is misused, it will initiate full recovery of the am...
- need2know: Seven macro triggers that may move your market todayNews about progress of monsoon, next batch of quarterly earnings, wholesale inflation data along with outcome of assembly polls in five sta...
- EPFO trustees may defer decision on interest rate tomorrowHowever, the EPFO's income projection, payment of 8.8% rate of interest can be provided for current fiscal as it would a surplus of Rs 77.1...
- EPFO accuses construction firm 'BL Kashyap and Sons' of fudging staff records and provident fund evasion; shares tankBL Kashyap & Sons - whose clients include Microsoft, IBM, Taj Hotels - has been asked to fork out Rs 593 crore in PF dues & penalties.
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