Canteen Allowance is part of basic wages and PF is to be deducted there from – Delhi High Court

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

Dear friends,Delhi High Court in its order dated 22.7.2013 (copy attached) in the case of Whirlpool of India Ltd vs RPFC has held that Canteen Allowance is part of basic wages and PF is to be deducted therefrom.Highcourt Judgment appended belowPF is to be deducted on canteen allowance – Delhi HC 22.7.2013

EPFO gives a week time for sending digital signatures

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

Dear All, This is the Extract from  Business Standard  Employers from across the nation have begun sending their digital signatures to the Employees Provident Fund, with Kochi firms leading others in sending the largest number of such signatures. The signatures are needed to begin online transfer of provident fund and the signatures would be used… Read more »

LATEST UPDATE ON EPFO: Employer Online Transfer Claim Portal

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

Dear All, EPFO has started Employer Online Transfer Claim Portal. Highlights • View transfer requests from Members. • Verify details from your records. • Approve information using digital signature. • An Additional feature to complement existing paper claim process. • Multiple authorised signatories can use the facility to verify and approve claim requests. EPFO introduces… Read more »

EPF (Employees’ Provident Fund) Linked With Aadhaar Card

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

EPF (Employees’ Provident Fund) Linked With Aadhaar Card Trying to open an Employees’ Provident Fund Account? Ensure an aadhaar number first. The employees provident fund organization (EPFO) has mandated to provide aadhaar card numbers in order to register for an EPF account. Employees joining from March 2013 into the organised sector, looking forward to open… Read more »

The EPF organisation has approved the Group Team Insurance Plan offered by M/s star Union Dai-ichi Life Insurance Company Limited in lieu of the Employees’ Deposit Linked Insurance Scheme, 1976

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

Dear All, The EPF organisation has approved the  Group Team Insurance Plan offered by M/s star Union Dai-ichi Life Insurance Company Limited in lieu of the Employees’ Deposit Linked Insurance Scheme, 1976 – HO No. C-III/16/1(138)10/ MH/ EDLI/ 30284 dated 23/01/2013  The highlights of the Said Insurance Company is as Under:- The policy is arranged to… Read more »

E-Passbook for provident fund account holders

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

A new facility has been introduced by the provident fund organization. Now the account holder of provident fund can download electronic passbook of their account. This facility is for the active account holder. This will help over 50 million provident fund subscribers who can access their account and download passbook and statement online. The subscribers,… Read more »