Employees’ Provident Funds (Fifth Amendment) Scheme, 2017. In the Employees’ Provident Funds Scheme, 1952 (hereinafter referred to as the said Scheme), in paragraph 68J,- (a) sub-paragraph (2) shall be omitted; (b) proviso to sub-paragraph (3) shall be omitted; (c) for sub-paragraph (6), the following sub-paragraph shall be substituted, namely;- “(6) No advance shall be granted… Read more »

An Employees’ Enrolment Campaign has been launched by Employees’ Provident Fund Organisation during the period 01.01.2017 to 31.03.2017, in order to extend social security benefits to all the eligible workers in the country. During the Campaign, various financial incentives are being offered to establishments to enroll their workers. Now the respective Campaign has been extended till… Read more »

Good News from EPFO the administrative charges payable by the employer for the purposes of paragraph 30 and sub-paragraph (1) of paragraph 38 of the said Scheme with effect from 1st April, 2017 at 0.65 per cent (zero point six five per cent.) of the pay as referred to in the said paragraphs subject to a minimum sum of… Read more »

Central Government issued Gazette Notification No. S.O. 26(E) dated 04.01.2017 vide which it was notified that members and pensioners of the Employees’ Pension Scheme desirous of continuing to avail pension and membership to the Employees’ pension Scheme by availing the Central Government’s contribution and subsidy under the said Scheme, are required to furnish proof of… Read more »

http://pcsmgmt.com/admin/lecture_pdf/201702282128101Pension_Aadhaar_JeevanPramaan_32049.pdf

Dear all,In  regards to the New ECR 2.0 version  unified portal was not responding due to connectivity issues etc in regards to the same  the Competent Authority has decided that, as a special case, concession of grace period of 5 days is allowed for the employers to deposit the contribution and other dues for the… Read more »

Good NewsPF has  comeout with Notification , accordingly,  special survey drive will be initiated from 1st Jan 2017 by department for coverage of the Establishment.The Establishment which is legally liable for coverage will be covered under the Act.Benefits are as below;1. Only Employer Share will be levied. 2. Interest as applicable on Employer’s Share.3. Damages @… Read more »

Dear all,  Amendment in the respective  Employees’ Provident Funds (Sixth Amendment) Scheme, 2016 i.e in para 72  In the Employees’ Provident Funds Scheme, 1952, in paragraph 72, in sub-paragraph (6),- (a) for the words “ceased to be employed”, the words “retired from service after attaining age of fifty-five years or migrated abroad permanently” shall be substituted; … Read more »

Dear all,In the indian Market many employees come from Bhutan & Nepal for Job & specially this employees are working in Security Guard etc & when and they were treated as International worker & the respective employee cant withdraw the respective dues when he leave the job  & he has to wait till age 58… Read more »

Dear all,During Pragati Review Meeting which was held on 26th Oct 2016 Hon’ble Prime Minister had showed his concern regarding delay in settlement of EPF/EDLI /EPS claims especially in Death casesHon’ble Prime Minister has instructed and ensured that all Death cases claims should be settle within a period of 7 days from date of submission… Read more »