Employees’ and Employers’ contributions to Employees Provident Funds (EPF) – Rajya Sabha Q&A
Government intends to mandate reductions in employees’ and employers’ contributions to Employees Provident Funds (EPF) – Rajya Sabha Q&A
Settlement of death claims on priority basis – EPFO
Settlement of death claims on priority basis in events of industrial accidents, etc under EPF & MP Act, 1952 – EPFO
Entitlement of Mileage allowance in addition to Conveyance Allowance during COVID-19 Lockdown
As public transport is not available during the lockdown. In order to incentivise usage of own convevance mileage allowance may be provided for attending office.
EPF interest rate lowered from 8.65% to 8.5% for 2019-20
Employee Provident Fund (EPF) interest rate lowered from 8.65% to 8.5% for Financial Year 2019-20 Bad news for salaried employees as they could face a cut in interest on their provident fund (PF) deposits for FY 2019-20. The Central Board of Trustees of Employees Provident Fund Organisation (EPFO) has recommended interest rate of 8.5%. The…
Restoration of full pension after 15 years of retirement for pensioners under EPF scheme
As per EPS rules, an EPFO member who retired before Sept 26, 2008, could get maximum one-third of his/her pension as lump-sum i.e. commuted pension and remaining two-thirds was paid as monthly pension to an employee for his/her lifetime
Employees’ Provident Fund (EPF) withdrawal rules & Interest Rate
Employees’ Provident Fund or EPF, a government-run pension scheme, fetches an interest at the rate of 8.65 per cent. It is a mandatory contribution from the salary of an individual that every organisation with more than 20 employees has to deduct. EPF is regulated by retirement fund body EPFO or Employees’ Provident Fund Organisation. The…
Relaxation in due date of payment of ESI / EPF contribution – Odisha region
Relaxation in due date of payment of ESI / EPF contribution – Odisha region
Save tax on home rent even without House Rent Allowance (HRA) benefit
Save tax on home rent even without House Rent Allowance (HRA) benefit
75% EPF withdrawal allowed if unemployed for more than 1 month (Hindi Version Included)
कर्मचारी भविष्य निधि संगठन (epfo) के सदस्य के पास अब एक महीने तक बेरोजगार रहने की स्थिति में 75% तक राशि निकालने का विकल्प होगा.
Govt not to hike basic salary to Rs.21,000 to increase EPFO coverage
The labour ministry has decided not to act on a proposal approved by the EPFO to increase the salary threshold from up to Rs.15,000 to Rs.21,000 per month to bring more workers under mandatory EPF coverage and give them PF and pension benefits.
Rate of Interest for State Railway Provident Fund for the period from July 2017 to September 2017
Rate of Interest for State Railway Provident Fund for the period from July 2017 to September 2017 – Rate of interest during the year 2017-18 (July, 2017 – September, 2017)
Employee Provident Fund – self-declaration for advance required in case of illness of members/ dependents
Employee Provident Fund – EPF members now required to submit self-declaration for advance in case of illness of members/ dependents