EPF subscriptions can be made through Internet Banking relaxed till 30th June 2016 – The Central Government has made it mandatory for employers to pay statutory contribution electronically through Internet Banking only.
DA indexed Gratuity proposed by 7th Pay Commission will be beneficial to Central Government Pensioners. Presently Employees retire at the end of term of any pay commission end up in getting same gratuity which was granted to employees 10 years ago who retired immediately after implementation of pay commission.
With the introduction of NPS w.e.f. 01.01.2004, the number of subscribers under the GPF scheme will decrease as time goes by. Moreover, the scheme has worked well over the past 65 years
EPFO has issued a letter stating the amendments to the EPS 1995 regarding eligible service under EPS
Employees Provident Fund – Deduction of TDS on withdrawal of PF – EPFO Circular for instructions to all Employers regarding amendment of Section 192A of Income Tax Act 1961
DEA has announced the resolution of 8.7 percent interest fixed for the year 2015-16 on GPF and other nine funds.
Provident Fund Interest 2015-16 fixed at 8.7% – Govt Decision covers GPF, CPF, Railway PF, Defence PF, Ordnance Factory PF, AIS PF