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NON PAYMENT OF EPF
EPFO 3.0 promises a digital PF experience, but can it fix years of legacy problems?EPFO 3.0 aims to modernize provident fund services through upgraded technology, faster claim processing, simplified withdrawals, digital re...
Tax-free income in India: 8 types of income you don’t need to pay any tax onTax-free income: Unlock tax savings with these eight income sources exempt from income tax in India. From agricultural earnings and provide...
New tax regime: 7 ways for salaried employees to reduce their tax liability while filing ITR for FY 2025-26Salaried individuals can still reduce their tax liability under the new tax regime for FY 2025-26. Key deductions include employer contribu...
Ayushman Bharat card: Eligibility, benefits, how to apply online and documents required for PMJAYThe Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) is expanding healthcare access, with 6 crore senior citizens enrolled and o...
7 must-know things about EPS-95 pension: Eligibility, pension formula, family benefits and moreThe Employees' Pension Scheme, 1995, offers vital retirement benefits for organized sector workers. Managed by the Employees' Provident Fun...
NCLT rejects insolvency plea against Noida Metro Rail Corporation over pre-existing disputesThe National Company Law Tribunal has rejected an insolvency plea against Noida Metro Rail Corporation. The tribunal found genuine disputes...
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...
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...
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-...
EPF account withdrawal rule changed: EPFO discontinues Covid-19 advance facilityDuring the Covid-19 pandemic, a non-refundable advance was provided to the EPF members during the outbreak of first wave of Covid-19 and an...
TDS rate on EPF withdrawals reduced to 20% from 30% in Budget 2023 in these casesReduction in the TDS rate on EPF withdrawal will help individuals whose PAN is not updated with the records in the EPFO. Previously, the TD...
ITR filing difficult for taxpayers whose EPF interest is taxable: EYBudget 2021 announced that if an employee's own contribution in the EPF account exceeds Rs 2.5 lakh in the financial year, the interest ear...
Employer obligated to pay damages for delay in payment of EPF contribution: SCA bench of Justices Ajay Rastogi and Abhay S Oka said Employees Provident Fund & Miscellaneous Provisions Act is legislation for providing ...
Employers to lose deduction for employee’s contribution to EPF if they don’t deposit on timeTo the extent that this ensures employers do not misuse or divert money meant for Employees’ Provident Fund (EPF), it will help increase su...
Employees provident fund members withdraw Rs 39.4k crore during March 25-August 31The maximum amount of EPF withdrawals from March 25 to August 31 were recorded in Maharasthra Rs 7,837.85 crore, followed by Karanataka - R...
Relaxation in EPF deposit rules for employers did not lead to interest loss: Here's whyDue to on-going coronavirus pandemic, EPFO provided relief to the employers by providing relaxation in making the statutory deposit for Mar...
Lockdown: EPFO not charging penalty from cos for delay in payment of provident fund duesEarlier on April 30, the EPFO allowed employers to file monthly EPF returns without making simultaneous payment of dues, which gave a relie...
Labour Ministry gives clean chit to Kingfisher Airlines, says no complaint against itHowever, it has constituted a squad of enforcement officers for verifying compliance in respect of all its employees as payment of contribu...
Labour Ministry gives clean chit to Vijay Mallya's defunct company Kingfisher Airlines“There is no complaint available on record either from members/Union regarding non-payment of EPF dues by the company,” ministry said.
- I-T department inspects accounts of Hiranandani Group
Income Tax department has inspected the accounts of noted builder Hiranandani Group after the CBI conducted raids on their companies two da...