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Thursday, August 28, 2014

EPF & EPS Scheme Amended W.E.F 1st Sep 2014

The EPF Act and Scheme Amended w.e.f 01-09-2014;
Salient Features are;
1. Wages Ceiling of EPF increase to Rs. 15000.
2. Minimum pension Rs. 1000 for 2014-15.
3. EDLI benefit increase by 20 percent.

Wednesday, August 27, 2014

RBI’s Recent simplified KYC Measures for Opening Bank account

Dear Sir,

The Reserve Bank of India today released a note along with a poster and a booklet comprising a few common questions relating to Know Your Customer (KYC) norms for opening bank accounts. The objective of this is to bring awareness among the general public about the KYC simplification measures taken by the Reserve Bank in the recent times with a view to helping the common man in opening bank accounts


In my view as RBI has simplified the process we can open Bank account  easily

Pls find enclose is the RBI Circular for the respective Process 


Friday, August 08, 2014

Maharashtra Minimum Wages ( Special allowance W.E.F 1st July 2014 to 31st Dec-2014)


Dear All,,

Pls refer to the said attachment as attach below is the Maharashtra Minimum Wages ( Special allowance  W.E.F 1st July 2014 to 31st Dec-2014)

Maharashtra Minimum Wages ( Special allowance W.E.F 1st July 2014 to 31st Dec-2014)

EPFO New Circular for Withdrawal under para 68 B

Dear All,



Pls find attach EPFO new circular for withdrawal under para 68 b ,,this will help employee to get advance from his EPF without any headache..

 EPFO New Circular for Withdrawal under para 68 B

Social Security Agreement between Republic of India and the Kingdom of Sweden


Dear All,

EPFO has entered in to Social Security Agreement between Republic of India and the Kingdom of Sweden appende d below is the Notification of the same


Social Security Agreement between Republic of India and the Kingdom of Sweden

implementation of Agreement on Social Security with the Republic of Finland with effect from 1st August, 2014

Dear all,


Implementation of Agreement on Social Security with the Republic of Finland with effect from 1st August, 2014

 Appended Below is the copy of the same



Implementation of Agreement on Social Security with the Republic of Finland with effect from 1st August, 2014