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 »
Posts Categorized: Provident Fund – (Notification -Circulars)
Discontinuance of Provident fund Form – 9 in physical form
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
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
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 »
Compliance for Startup Companies
As per EPFO Circular dated 16 May 2017, the EPFO has cited letter received from Ministry of Labour and Employment dated 6th April 2017, the letter has stated that the Ministry had earlier directed Central Labour Enforcement Agencies to allow Start-Up to self-certify compliance under nine labour laws mentioned for a period of three years,… Read more »
Employees’ Provident Funds (Fifth Amendment) Scheme, 2017 under Para 68 J
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 »
EPF Amnesty Scheme Extended Till 30th June 2017
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 »
EPF Admin Charges Reduce from 0.85% to 0.65 % from 1st Apr 2017
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 »
Introduction of Revised New Pension claim Form No 10-D
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 »
No AAdhar copy required for 10-C Settlement
http://pcsmgmt.com/admin/lecture_pdf/201702282128101Pension_Aadhaar_JeevanPramaan_32049.pdf