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EPFO SURRENDER EXEMPTION
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...- 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...
- EPF changes in 2025: New form to transfer EPF account, instant UAN activation, other announcements made by EPFO that you need to knowEPFO has recently announced several important updates aimed at making Provident Fund (PF) operations more efficient, transparent, and user-...
- Process review likely for firms surrendering EPFO exemptionThe Labour Ministry plans to revise rules for employers surrendering EPFO exemptions. This aims to protect workers' interests and speed up ...
- Changes in EPF website: EPFO updates Form 13 to ease PF account transfer process, to show taxable PFEmployees Provident Fund Organisation has made some changes. A new version of Form 13 simplifies PF transfers. The EPF website now clearly ...
- Private sector PF trusts increasingly surrendering exempted establishment status under EPFOPrivate sector provident fund trusts are increasingly surrendering their exempted status to EPFO, with 17 establishments applying in FY24. ...
- EPFO rate likely to be out todayThe central board of trustees of the Employees' Provident Fund Organisation will decide the interest rate for PF deposits for 2024-25 on Fr...
- Exempted establishments cannot use surplus fund in their Trusts for crediting interest to its beneficiaries: EPFOIn a circular, dated October 7, the retirement fund body has clarified that upon the cancellation or surrender of exemption for Exempted Pr...
- Labour ministry onboards 10 welfare schemes on e-Shram portalThe ministry of labour and employment is developing e-Shram as a one-stop solution or single window, following an announcement in the Budge...
- Online module for surrender of exemption from EPF unveiledExempted establishments have been found to be surrendering their exemptions primarily due to their inability to match the benefits under th...
- Union Minister Mansukh Mandaviya launches online module for surrender of exemptionMandaviya further mentioned that EPFO has taken several initiatives to address many of the present issues. These are the first steps of the...
- Tata Motors in legal battle with EPFO over pension fund transferTata Motors is in a legal conflict with the EPFO over transferring its employee provident fund. Tata Motors seeks to surrender its exempted...
- 27 establishments surrender exemption under EPFO in last two yearsIn a statement issued on Sunday, EPFO said the increasingly enhanced focus by EPFO on its stakeholders, along with professionally managed f...
- EPFO relaxes withdrawal norms for EPS-95 subscribersThe EPFO's apex decision making-body Central Board of Trustees (CBT), headed by Union Labour Minister Bhupender Yadav, at its 232nd meeting...
- Tips on how low-risk investors can optimise returnsThere are many reasons why investors prefer to be safe than sorry. Some of them just can’t stomach the volatility that comes with stock inv...
- 42 Provident Fund trusts in trouble, only 12 in position to pay 9.5% interest rateThe EPFO had decided to study the accounts of 42 trusts after they expressed inability to match the 9.5% interest declared for 2010-11.
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