The EPF Act and Scheme Amended w.e.f 01-09-2014;Salient Features are;1. Wages Ceiling of EPF increase to Rs. 15000.2. Minimum pension Rs. 1000 for 2014-15.3. EDLI benefit increase by 20 percent. EPF & EPS Scheme Amended from 1st Sep-2014

Dear All, EPFO has entered in to Social Security Agreement between Republic of India and the Kingdom of Sweden appende d below is the Notification of the same Social Security Agreement between Republic of India and the Kingdom of Sweden

Dear all, Implementation of Agreement on Social Security with the Republic of Finland with effect from 1st August, 2014  Appended Below is the copy of the sameImplementation of Agreement on Social Security with the Republic of Finland with effect from 1st August, 2014

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 »

Dear All,Pls refer to the EPF Internal circular in regards to New Procedure to be followed for all New Registration of EPF Code Number New EPF Code Number Procedure & Form

Dear AllEnclosed is the Circular in regards to Mandatory registration of Digital Signature Certificate (Class 2 and above) of the authorized signatories of the establishments (having more than 100 ECR members) with EPFO.Mandatory registration of Digital Signature Certificate

Dear All The Centre has approved payment of 8.75 per cent rate of interest on PF deposits in 2013-14 for over 5 crore subscribers of the Employees’ Provident Fund Organisation. “The Finance Ministry has given its concurrence to the EPFO trustees’ decision to provide 8.75 per cent rate of interest to its members for the… Read more »

Dear All Friends Retirement fund body Employees Provident FundOrganisation (EPFO) on Monday  announced a rise in interest rate on provident fund (PF) deposits to 8.75 per  cent for 2013-14, to benefit 50 million subscribers. The interest rate on PF deposits in the previous financial year was 8.5  per cent. The decision to raise the rate… Read more »

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

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 »