Sunday, May 17, 2026
30.1 C
Mumbai
Advising, Administration, Documentation and Maintenance of various records and statutory compliance

No Revenue Stamp Required for EPF Withdrawal

Dear all,

Employees’ Provident Fund Organisation (EPFO) has done away with the mandatory requirement of affixing one rupee revenue stamp on claim forms thereby bringing independence from this hassle to millions of PF subscribers every year

Henceforth, one rupee revenue stamp will not be required for most of the claim forms as in 97 per cent cases of PF settlement, the payment is made through National Electronic Fund Transfer (NEFT)

The decision was taken after consultation with Ministry of Law & Justice that opined that as per practice, no revenue stamp is required with respect to payment made through NEFT.

Pls refer to the respective circular as appended below

No Revenue Stamp Required for EPF Withdrawal

Visitors

Payroll On Cloud

Hot this week

ESIC Medical Facilities Scheme for Other Beneficiaries,2026: A New Step Towards Wider Healthcare Access

ESIC Medical Facilities Scheme for Other Beneficiaries, 2026: A...

ESI Coverage Expanded in Mizoram from 1st April 2026 – Compliance Implications for Employers

The Ministry of Labour and Employment (MoLE), through its...

Gujarat Minimum Wages – Dearness Allowance Revision (Effective: 01 April 2026 to 30 September 2026)

The Government of Gujarat has notified the revised Dearness...

Delhi Shops and Establishments (Amendment) Act, 2026Gazette Notification dated 11 March 2026

Delhi Shops and Establishments (Amendment) Act, 2026 Gazette Notification dated...
spot_img

Related Articles

Popular Categories

spot_imgspot_img