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RECOVERY OF EPFO DUES
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...- 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 due payment via demand draft: EPFO allows one-time payment of past EPF dues via Demand DraftThe EPFO now permits employers to make one-time payments of past EPF dues via Demand Drafts, addressing situations where the standard Elect...
- Compliance check: EPFO reports 69% higher outstandings for FY24The Employees' Provident Fund Organisation (EPFO) reported a significant increase in outstanding dues, reaching ₹25,821 crore in March 2024...
- Defaults under EPFO hit all-time high, rise 69.3%EPFO defaults soared to a record ₹25,820.88 crore in 2023-24, a 69.3% jump. Exempted establishments drove the surge, with Telangana leading...
- EPFO recovers ₹61 crore dues from SpiceJetThe EPFO has recovered ₹61 crore from SpiceJet towards provident fund dues, with the remaining amount under assessment. SpiceJet denies the...
- Employers can log in to EPF portal to check on liabilitiesThe Employees' Provident Fund Organisation (EPFO) in India has introduced automated solutions for damages and interest calculations to impr...
- Private sector’s default on PF dues has risen by almost 10% in last 5 yrs, says EPFO's draft reportThe private sector's default on provident fund dues with the Employees' Provident Fund Organisation (EPFO) has increased by almost 10% over...
- EPFO to run special recovery drive from December to FebruaryIn response to the escalating challenge of delayed recovery of dues from subscribers, the Employees’ Provident Fund Organisation (EPFO) is ...
- EPFO records 8.45 lakh new enrolments in JulyProvisional payroll data released by the EPFO shows net enrollment in June have been revised down to 4.83 lakh compared to 6.55 lakh in Jun...
- CAG flags lower administrative charges collection by EPFOThe under-realisation was detected after test checking of records at the eight EPFO regional offices during January 2015 to March 2017 peri...
- Hold regional committees' meetings: EPFO to field officesRetirement fund body EPFO has asked field formations to immediately hold their meeting to discuss mandated issues and progress of new moves.
- 464 schools defaulted on payment of PF dues: Parliament464 schools in the country including 8 in Delhi, failed to deposit provident fund contributions with retirement fund body EPFO on time, Par...
- EPFO trustees may defer decision on interest rate tomorrowHowever, the EPFO's income projection, payment of 8.8% rate of interest can be provided for current fiscal as it would a surplus of Rs 77.1...
- 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 settles around 8 lakh claims in SeptemberEPFO has settled 7,96,759 claims during September in its 123 offices across the country as compared to 7,49,639 in the same month last year.
- Provident fund cases may be settled fastThe government will urge courts to sort out on a priority basis provident fund cases where an injunction has been granted.
- EPFO accuses construction firm 'BL Kashyap and Sons' of fudging staff records and provident fund evasion; shares tankBL Kashyap & Sons - whose clients include Microsoft, IBM, Taj Hotels - has been asked to fork out Rs 593 crore in PF dues & penalties.
- Rs 80 lakh PF dues recovered in Subhiksha caseA month after the chennai office of the EPFO passed an order asking Subhiksha to pay Rs 1.76 crore of PF dues to its employees, the organis...
- 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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