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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...
- 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...
- Notice to Jet for not depositing PF share of employeesActivists say it’s PF dept’s fault as the notice should have been issued within 15 days of suspension of Jet operations.
- Aadhaar seeding to eliminate multiple PF accounts: OfficialAadhaar seeding and bank account linking will help do away with multiple provident fund accounts, once merger of accounts happens with the ...
- How to reach out to the PF office in DelhiThe Delhi region is further divided into two regional offices, namely Delhi-North and Delhi-South and one Sub Regional Office of Laxmi Naga...
- EPFO orders probe if Sahara paying the statutory retirement savings of its employeesPF offices have also been asked to take immediate action wherever there is no compliance, by invoking the penal provisions of the Employees...
- EPFO settles Rs 1.23 crore claims in FY14, 98% in mandated 30 daysAccording to the EPF and pension schemes run by the EPFO, claims complete in all respects should be settled within 30 days of receipt.
- Pension hike to be implemented after elections: EPFO officialThe process for allotment of unique identification numbers to Provident Fund members would begin soon, additional PF commissioner V Vijayak...
- EPFO panel meet on Friday to grant tax exemption to PF trustsIn a bid to protect tax benefits for subscribers of about 180 private provident fund trusts, retirement fund body EPFO has called a meeting...
- SBI to issue receipts for payments of PF dues: EPFOEPFO has said the bank will now issue receipts for cheques or drafts deposited by them, avoiding uncalled for penalties for late clearances.
- Online PF transfer for workers under private trusts soonEmployees covered under private Provident Fund trusts, will be able to transfer their PF accounts online from next month.
- US embassy could lose tax breaks on provident fundThe United States’ embassy in India could lose income-tax breaks on retirement savings of its Indian staffers from April 1, 2014.
- Sis Ram Ola's political security lies in abuse of social security setupLast week, the labour ministry instructed the Provident Fund department to set up a sub-regional office in his home constituency of Jhunjhu...
- EPFO seeking refund of ‘excess interest’; sends out notices to members whose requests were completed after April 1, 2011EPFO has reached out to present employers of PF members & sought refunds, citing wrongful credits of excess interest on past PF balances.
- Now, companies stinting on provident fund can go scot-freeUnder the new rule, unless the names of employees who have been denied benefits can be identifified PF department can’t begin proceedings.
- Government considering unique number for all provident fund account holdersThe Government is considering a proposal to give unique numbers to all provident fund account holders with life-time validity, a Regional P...
- Provident fund department slaps Rs 55-cr notice on Ahluwalia ContractsCompany has been accused of denying benefits to workers employed to build two Commonwealth Games projects in 2010.
- Online PF account details from July 1The Employees Provident Fund Organisation today said account details would be available online from July 1.
- Now, you can take PF grievance to consumer court: SCSC has ruled that companies come under the purview of the Consumer Protection Act and can be held accountable for deficiency of service. Wo...
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