Reduction of PF Admin Charges from 0.65 % to 0.50%

Posted by & filed under Provident Fund - (Notification -Circulars).

Dear Employer Good News Reduction of PF Admin Charges from 0.65 % to 0.50%  the said reduction is effective from 1st June 2018 subject to a minimum sum of seventy-five rupees per month for every non-functional establishment having no contributory member and five hundred rupees per month per establishment for other establishments.Notification 👇Download:- Reduction of PF Admin ChargesNow the total challan… Read more »

Amendments To The Guidelines Of Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) For EPF And EPS Members

Posted by & filed under Provident Fund - (Notification -Circulars).

As per EPFO circular dated 24th April 2018, the EPFO has intimated an amendment to the guidelines of Pradhan Mantri Rojgar Protsahan Yojana. ( Earlier this Scheme was introduce in the Month of Aug-2016 where in if the following conditions were full fill then only Employer could take the benefit of the same) earlier only 8.33 %… Read more »

EPF Form No 5A /14b & 7Q

Posted by & filed under Provident Fund - (Notification -Circulars).

New Delhi: Taking another step towards going paperless, retirement fund body EPFO on Tuesday said it has launched facilities for employers to pay dues and update ownership details online.Employees’ Provident Fund Organisation (EPFO) has provided facility of online submission of Form 5A (Return of Ownership), it said in a statement.EPFO added it has discontinued the… Read more »

EPF Online Request in regards to Correction of Name Date of Birth and Gender

Posted by & filed under Provident Fund - (Notification -Circulars).

Currently if employee wants to correct his/her basic details against UAN the employee and employer are required to submit a joint request to the concerned EPFO filed office for correction of above mentioned basic details of employee.In order to reduce the paper work and time delay  a new function has been introduce in the member interface… Read more »

Auto transfer of EPF account on change of job

Posted by & filed under Provident Fund - (Notification -Circulars).

Automatic transfer of employees’ provident fund (EPF) while changing jobs will be initiated once first payment in respect of the new employee is received from present employer against the UAN flagged for auto-transfer, the Employees Provident Fund Organisation (EPFO), said in a circular. 👇 Circular Auto Transfer of EPF Account on change of Job The… Read more »

Introduction of Composite Declaration Form (F-11) & New Transfer Process under EPF Act 1952

Posted by & filed under Provident Fund - (Notification -Circulars).

Dear all Employers,In order to streamline the process of transfer as in the unified portal 2.0 as Member & employer both were facing the problem in regards to the same EPFO has introduced a new Form No 11 which is rename as Composite Declaration form No 11 ( F-11) and which is linked to the new transfer… Read more »

Discontinuance of Provident fund Form – 9 in physical form

Posted by & filed under Provident Fund - (Notification -Circulars).

In exercise of powers conferred on Central Provident Fund Commissioner under paragraph 36(7) of Employees’ Provident Funds Scheme, 1952, discontinuance of submission of Form No. 9 in physical form is hereby ordered in respect of all the members joining as well as the establishments being covered on or after 1st October, 2017. IS Division will… Read more »

Implementation Of Composite Pension Payment Order Form Effective 20 September 2017

Posted by & filed under Provident Fund - (Notification -Circulars).

As per EPFO circular dated 15th September 2017, the EPFO has implemented new composite Pension Payment Order which will be effective from 20th September 2017. The composite Pension Payment Order will be issued for all categories of Pensioners except in the case of issue/revision of Pension Payment Order prior to 26.09.2008 which involves either Return… Read more »

ECR Rejection – Revision In Pre And Post Unified Portal -Provident Fund act

Posted by & filed under Provident Fund - (Notification -Circulars).

As per recent EPFO circular dated 11th July 2017, the EPFO has provided solution to certain challenges that the employers were facing viz.  (1) Issue of Incorrect Month/ Year was mentioned in ECR – In the EPFO application the provision for ECR Revision (Month/Year) has been provided to revise ECRs where month and year needs… Read more »