Aadhaar Seeding of Universal Account Number of EPF members for receipt of contributions through ECR for Withdrawal and benefits

Posted by & filed under Provident Fund Benefits.

As per the provision of Social security code section 142 of the code on social security code which mandates aadhar number seeding to the UAN which was implemented from 1st June 2021 and due to this provision as implemented in the EPFO portal many employees & employer had to face many challenges for seeding the… Read more »

Bharat ka Amrut Mahotsav – E-Nomination to be initiated by the Employee in EPFO

Posted by & filed under Provident Fund Benefits.

How to Submit EPF/ EPS e-Nomination Online: Want to submit EPF/ EPS e-Nomination Online? Here is how you can do it easily. Ensuring social security to one’s family is of great importance. The members of the Employees’ Provident Fund Organisation (EPFO) can file the nomination for Employee Provident Fund (EPF) also referred to as Provident Fund… Read more »

Employees’ Deposit-Linked Insurance (Amendment) Scheme, 2021

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

 This Scheme may be called the Employees’ Deposit-Linked Insurance (Amendment) Scheme, 2021   Who was in the employment of the same establishment & was in employment is to be inserted The claim amount under ELDI is 35 times the average monthly salary in the past 12 months subject to a maximum of 7 lakh (5.25… Read more »

Self-reliant Bharat Rojgar Yojana: Great relief for job seekers and employers, know how and who will get benefit

Posted by & filed under Provident Fund Benefits.

 Dear All,   The scheme ABRY under EPFO which was launched in Nov-20, the Notification or Guidelines of the same has been issued by the PF Department. We enclose the Notification in pdf format having guidelines in detail with illustrations. PFA Main points under the same are as follows: 1) The Scheme begins from 1st October 2020 and shall remain in… Read more »

EDLI Update – Minimum Assurance benefit of Rs. 2.5 lakhs for two years

Posted by & filed under Provident Fund Benefits.

Effective from 15th February 2018, Ministry of Labour and Employment has introduced minimum assurance benefit of Rs. 2.5lakhs and maximum of 6 lakhs. Accordingly, the proviso under para 22(3) (i) has been substituted as under; the minimum assurance benefit of Rs. 2.5 lakhs shall be in force for a period of two years from the… Read more »