Employees Provident Fund New Amendment in EPF admin Charges & EDLI Admin

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

Dear All Pls refer to the said notification as enclosed where in the following changes have been amended from 1st Jan 2015 Circular and notification in regards to the same is enclosed pls click link belowEPF ADMIN & EDLI Charges AmmendmentEPF Admin Charges Old Rate New Rate 1.10  % of Total EPF Salary 0.85 % of… Read more »

Provident Fund Interest for F.Y 2014-2015 @ 8.75%

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

Dear All,The CBT had decided the interest rate in the meeting held on 26th August but the procedure of the implementation of the interest rate of provident fund requires approval for the same by the Finance Ministry. The decision would now be notified by the Labour Ministry and Income Tax Department.The interest rate was increased… Read more »

AADHAR Enrollment Camp at all EPF Office

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

As we all are aware the UAN  under EPFO has been implemented and in this regards Bank Account Number & IFSC Code is Compulsory under the UAN Program​.​ ​As we all Know, i​n this regards Our Prime Minister has launch​​ (pradhan mantri jan dhan yojana)​.​ ​H​ope all employees of your organisation must have opened the Bank… Read more »

Mandatory Bank Account at the time of Joining EPF Fund

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

Dear Employer, Central Government has issued direction under Para 78(1) of the Employees’ Provident Funds Scheme, 1952 to issue order making submission of Bank Accounts by the members mandatory in order to facilitate the allotment of Universal Account Number, proper implementation of the Employees’ Provident Funds Scheme, 1952 and removal of the difficulties in the… Read more »

Amendment in Employees Provident Fund Scheme in regards to Settlement of inoperative accounts

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

Dear All,Pls find enclosed is the Gazetted copy in regards to Employees Provident Fund Scheme in regards to settlement of inoperative accounts In brief  if the settlement of claim in respect of inoperative account is delayed for more than thirty days from the date of receipt of the application for settlement of claim, interest shall be credited… Read more »