Category: Provident Fund

Know everything about Provident Fund

| June 1, 2014

Know everything about Provident Fund अगर आपको अपने PF के बारे में जानना है तो पढिये यह लेख और जानिए पूरी जानकारी PF के बारे में | PF आप कितनी बार और कौन कौन से कारणों के लिए ले सकते हैं, यह सब पढिये इस लेख में:-

Read More

Employees going for work abroad can fill PF data online

| April 16, 2014

Organised sector employees going abroad for offshore work can now fill their PF details online for seeking the Certificate of Coverage — which attests that the person concerned is covered under social security schemes, and get it in three working days. Applicants will be able to enter their data such as names, PF account numbers […]

Read More

Government rejects clubbing of allowances with basic pay for Provident Fund Deductions

| April 6, 2014

Government rejects clubbing of allowances with basic pay for Provident Fund Deductions With the government rejecting a proposal to club allowances with basic pay for provident fund deductions, the EPFO will soon issue a notification in this regard, a setback for over 5 crore subscribers. “EPFO has got a letter from the Labour Ministry asking […]

Read More

Government may Increase interest on Provident Fund

| February 20, 2014

Government may Increase interest on Provident Fund

Read More

Government may further hike EPF Rates

| February 20, 2014

A proposal to revise the interest rate of Employees Provident Fund (EPF) by 0.25 per cent is under the consideration of the government. Replying to a question in Rajya Sabha, Minister of State for Labour and Employment Kodikunnil Suresh said the Central Board of Trustees (CBT) Employees’ Provident Fund (EPF), at its meeting, has recommended […]

Read More

Subscribers of private PF trusts may lose tax benefits

| February 19, 2014

Subscribers of private PF trusts may lose tax benefits The Employees’ Provident Fund Organisation (EPFO) is trying to expedite cases for exemption certificates for private provident funds after the Interim Budget failed to extend a crucial deadline that expires on March 31, leaving employees of at least 50 firms without tax benefits. “We are trying […]

Read More

EPFO to provide permanent PF account numbers

| February 15, 2014

EPFO to provide permanent PF account numbers The Labour Ministry has asked EPFO to provide permanent PF account numbers to its 5 crore members in a time-bound manner so that they don’t need to transfer provident fundaccounts after changing jobs. According to sources, the direction in this regard was given to the Employees’ Provident Fund Organisation (EPFO) by Labour Secretary […]

Read More

EPFO has claimed to have settled 10 Lakh claims in January 2014

| February 3, 2014

EPFO has claimed to have settled 10 Lakh claims in January 2014 NEW DELHI: Retirement body EPFO today said that it has around 10 lakh claims like PF withdrawal, in January and out these almost 90 per cent applications were settled in less than 20 days. “The Employees’ Provident Fund Organisation (EPFO) settled 10,15,235 claims […]

Read More

Trade Union asks to give 9% return on Provident Funds

| January 2, 2014

Trade Union asks to give 9% return on Provident Funds With high inflation eating into workers’ savings, trade union leaders who dominate decision making at the Employee’s Provident Fund Organisation have demanded a 9 per cent return on retirement savings for FY14 even as the organisation wants to continue with 8.5 per cent. The issue […]

Read More

ENHANCEMENT OF SALARY LIMIT OF EMPLOYEES PROVIDENT FUND

| December 20, 2013

ENHANCEMENT OF SALARY LIMIT OF EMPLOYEES PROVIDENT FUND GOVERNMENT OF INDIA MINISTRY OF  LABOUR AND EMPLOYMENT RAJYA SABHA UNSTARRED QUESTION NO-748 ANSWERED ON-11.12.2013 Enhancement of salary limit of Employees Provident Fund 748 . SHRI RAMACHANDRA KHUNTIA (a)whether Government is considering to enhance the salary limit of employees of providentfund to Rs. 15000/- and reduce the number of workers from 20 to 5 in view of the mechanization and […]

Read More