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PF TRANSFER CLAIMS
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...
- Withdraw EPF through UPI soon as government completes testingEmployees Provident Fund Organisation subscribers will soon withdraw their provident fund corpus directly through Unified Payment Interface...
- 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...
- NPS Swasthya: A cushion, not fill-in, for health coverCan the NPS Swasthya scheme be an effective substitute for a comprehensive health insurance plan that covers hospitalisation and related ex...
- EPFO member alert! Have old, inoperative EPF account? E-PRAAPTI portal will soon help you track it easilyThe Employees Provident Fund Organisation is introducing E-PRAAPTI, a new digital portal. This platform will assist members in finding, tra...
- Wrong EPF joining or exit date? This small error can cost you big; Here’s how to fix it fastSmall errors in EPF joining or exit dates can cause major financial problems. These mistakes can delay fund withdrawals and even impact you...
- Here’s how to fix errors in EPS records now to avoid PF claim rejection, pension lossIf you spot discrepancies in your EPS contributions, take immediate corrective measures or face rejection in EPF withdrawal or transfer cla...
- 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...
- Transfer of EPF accounts: 17 questions answered by EPFOHere are the 17 questions and their answers for those EPF members looking to transfer their EPF accounts from their previous employers to n...
- How your UAN details can help in transferring EPF account to new employerIndividual employees can effortlessly transfer their EPF with the help of their UAN numbers. Before completing an account transfer applicat...
- How to know your PF claim statusEPFO has introduced several measures to bring down the claims settlement period and aims for the settlement of claims within 5 days.
- Government may make UAN mandatory for EPFO subscribersThe UAN remains portable throughout the lifetime of an employee and they don't have to apply for PF transfer claims at changing jobs.
- EPFO to launch online transfer for organised sector workers covered under private PF trusts this monthThere are 3,621 PPFT) which are managing the accounts as well as retirement fund of their workers. These trusts are regulated by the EPFO.
- Online Provident Fund transfer for workers under private trusts from JulyThere are over 3,000 private Provident Fund (PF) trusts which are managing the accounts as well as retirement fund of their workers.
- 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.
- Educate firms to avoid claims rejection, says EPFO to field officesAt the time of verification of claims, the employer can detect obvious mistakes in furnishing the relevant information by the claimants.
- EPFO starts registration of digital signatures of employersTaking the first step towards launching online PF transfer claim facilities, EPFO had earlier this month unveiled a revised claim form for ...
- EPFO starts registration of digital signatures of employersTo facilitate online transfer of PF accounts of employees on changing jobs, retirement fund manager EPFO has started the process of registe...
- Online PF transfer claim settlement to be a reality by August endRetirement fund body EPFO will be able to operationalise the facility of online settlement of provident fund (PF) transfer claims by August...
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