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PF COMMITMENTS
EPFO may raise minimum pension under EPS-95; settles 83.1 million claims in 2025-26Labour and employment minister Mansukh Mandaviya, Wednesday, said that the Employees’ Provident Fund Organisation (EPFO) settled 6.103 mill...- Rs 15 lakh PF deducted but not deposited: HC allows criminal case to continue against director of company that turned insolventThe Orissa High Court ruled that a company director will face a criminal case for failing to deposit Rs 15 lakh deducted from employee sala...
- SpiceJet clears all pending PF dues worth Rs 160 crSpiceJet has cleared all outstanding employee provident fund dues totaling Rs 160.07 crore. Using internal cash flows and funds from a rece...
- EOW files FIR against SpiceJet's officials for not crediting employees' share in PF accountsDelhi Police's Economic Offences Wing has registered an FIR against SpiceJet's MD and four other officials for allegedly not crediting Rs 6...
- SpiceJet delays June salaries, says disbursing in 'phased way'SpiceJet in Mumbai has delayed June salary payments and previously defaulted on provident fund contributions. Despite the situation, SpiceJ...
- GFCL EV Products to invest Rs 6,000 cr in next 4-5 yrs to ramp up productionGujarat Fluorochemicals arm GFCL EV Products plans to invest Rs 6,000 crore to increase production capacity of electric vehicle battery mat...
- Govt unlikely to review Rs 2.5 lakh threshold to tax PF interest“Of course, PF is lifetime saving of the working class and the government is committed to ensure that they benefit. But we had to undertake...
- EPFO settles 94.41 lakh claims worth Rs 35,445 cr during April-AugustRetirement fund body EPFO has settled 94.41 lakh claims totalling Rs 35,445 crore during April-August despite COVID-19 related restrictions...
- EPF contribution lowered to 10% for three months; TDS, TCS rates cut by 25% till March 31, 2021While reduction in PF rates will give Rs 6,750 crore liquidity relief, the reduction in TDS and TCS rates for non-salaried specified paymen...
- 8.2 lakh workers dip into retirement savings to survive in lockdownClaims settlement involves disbursal of total amount of Rs 4,684.52 crore which includes Rs 2,367.65 crore COVID claims under the PMGKY pac...
- Mahindra expects quicker flow of Formula E EV technology to road carsHaving put its bet on EVs, Mahindra group expects the technology from world electric car racing series Formula E to flow at a faster pace t...
- After year of flip-flops, EPFO buckles up for digital rideFor settling online claims, the subscribers will have to activate their UAN which are seeded with KYC details, including bank accounts, Aad...
- Hara-kiri committed with PF over 30 years, says J&K FMFM warned that if accounting system were not effected now, the state government may not be in a position to pay the Provident Fund to the e...
- Bank accounts of 636 firms sealed by EPFO for irregularitiesEPFO has sealed the bank accounts of 636 organisations and attached the properties of 7 others for alleged irregularities in paying employe...
- No leave till October 15, complete work on UAN: EPFO to staffNo EPFO staff can take leave till October 15, the deadline to make portable universal account PF numbers (UAN) operational, the retirement ...
- EPFO launches online registration facility for firmsThe registration of employers and issuing of code to identify the firms has been a time consuming process so far, leading to unnecessary de...
- 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...
- Educomp defaults on provident fund payments, says 'delay brought upon by stress'Educomp has defaulted on provident fund remittance relating to about 15,000 employees, for the first six months of current financial year.
- Scamsters drain out PF accounts with fake claims, EPFO swings into damage-control modeNearly 2.5 crore, or 30 per cent, of all provident fund accounts have a negative balance, some of which may be due to fraudsters who faked ...
- Employees Provident Fund Organisation attaches Subhiksha accountsEPFO has attached cash-strapped discount retail chain Subhiksha's bank accounts towards clearing part of the PF dues of 4,600 employees of ...
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