Introduction of Composite Declaration Form (F-11) & New Transfer Process under EPF Act 1952

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

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 Process 

The Central Provident Fund Commissioner by exercising the powers conferred under para 36(7) read along with the provisions of para 34 and 57 of EPF Scheme, 1952 and para 24 of Employees’ Pension Scheme, 1995 has ordered the introduction of Composite Declaration Form (F-11) by replacing the existing New Form-11 and the same is enclosed as Annexure

I request all employer to introduce the said changes in the joining formalities.

Circular 👉Composite Declaration Form ( F-11)

Form 👉New Declaration Form


Revised procedure for Transfer of Accounts

New Transfer Process  also introduce  which  will be automatically link with the New Declaration form

Highlights:-

👉In case the employee already has a UAN, the employer will be required to enter his details through registration of member functionalities on the employer’s portal. Since there have been cases of wrong linking of current employment of member with a UAN that does not pertain to him, it would be necessary that the employer shall provide the
following data at this stage:-

a) UAN allotted to him in past
b) Aadhaar No. of the member
c) Name of the member

d) Date of Birth

👉In case, the earlier UAN was Aadhaar seeded and verified, the declaration by the employer of transfer request made by the employee in Form-11 will trigger an auto transfer process which will transfer the accumulations against his previous PF ID to the new PF ID. 

👉Form No. 13 is not required to be submitted in such cases. 

👉An SMS informing the subscriber about the proposed auto-transfer will be sent on his registered mobile number. Auto transfer will be completed only after:-
a) The member does not request to stop the proposed auto-transfer (either online, or
through employer or at the nearest EPFO office) within 10 days of said SMS, and

b) The first contribution by the present employer is deposited and reconciled

👉In case:-
a) the earlier UAN was not seeded with Aadhaar or
b) UAN was Aadhaar seeded but not verified or
c) EPF transfer from or to an exempted establishment
the member needs to apply for transfer in Form-13 as the existing procedure for physical transfer would be followed.

Failure to furnish Aadhaar will lead to difficulty in transferring of old accumulation into new account and therefore all employers are advised to ensure that the Aadhaar number of transferee is filled in the EPFO portal

Circular👉New Transfer Process


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Here’s An App That Lets You Check Your PF Balance, Pension

Posted by & filed under Provident Fund Benefits.

With the m-EPF app users can view their monthly credits through the passbook as well their details available with EPFO.

HIGHLIGHTS

  • EPF pensioners can access disbursement details through mobile app m-EPF.
  • m-EPF lets employees access their EPF account using Unique Account Number.
  • Employers can view remittance details using m-EPF app.
Link to download on android phone 

https://play.google.com/store/apps/details?id=com.phonegap.helloepfo
m-epf- screenshot thumbnail

Most employees in the organized sector have an account with the EPFO or Employees’ Provident Fund Organisation. The employee provident fund account is meant to offer financial security and stability when the employee retires. Both public and private employees can make  contributions on a monthly basis, and earn interest on their savings. Over the years, the amount in the account turns out to be a huge corpus. Now EPF India has created an app called as m-EPF. It helps employees monitor and operate the EPF account using their  Unique Account Number (UAN) from the comfort of their mobile phone.
The app says that users can view their monthly credits through the passbook as well their details available with EPFO. Similarly, the EPF pensioners have been given the facility to access their pension disbursement details through this mobile app.
The app, which has more than 1 million downloads according to Google Chrome Store, also enables employers to view their remittance details.
This year EPFO has made partial withdrawal easier from provident fund for medical and other purposes like purchase of house, education and marriage of children. For this purpose, the EPFO subscriber is no longer required to submit various certificates or documents.
EPFO has also proposed a loyalty-cum-life benefit of up to Rs. 50,000 at the time of retirement for contributing to the scheme for 20 years or more.
EPFO has also said that its 4.5 crore subscribers and around than 54 lakh pensioners, will now receive payments through electronic or digital fund transfer system only, ensuring quick transfer of funds, easier tracking and reconciliation thereof. The Ministry of Labour in a notification dated May 4, 2017, provided for electronic or digital fund transfer/payment of EPF benefits, pension disbursement and insurance claim. 
EPFO has also launched a housing scheme under which the members can make down payment for a house and also pay EMIs out of their EPF corpus.


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Discontinuance of Provident fund Form – 9 in physical form

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

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 make provision for maintenance of Form No. 9 electronically and making it available for various purposes with effect from 1st October, 2017.

Since employee master is available in the system containing all relevant details of the employee viz. name, gender, DOB, DOJ, father’s/spouse’s name as well as Aadhar & bank details fetched through ECR, submission of Form No. 9 in physical form by the employer can be discontinued. This would boost e-governance for fully electronic settlement of claims and also facilitate the employers in ease of doing business by reducing their paper work.

In view of the above my suggestions is that whenever a new employee is joining the following documents should be mandatory 

1. Aadhar Card ( Name of the employee should be as per aadhar)
2. Pan Card
3. Saving Bank account details (The reason behind giving Saving Bank account will be helpful to the employees if applying through online)


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Implementation Of Composite Pension Payment Order Form Effective 20 September 2017

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



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 of Capital or Commutation or both. In such cases, existing form may be used for PPO. Please refer the notification for the revised form



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Revised Form For Authorisation Of Housing Loans From PF Account

Posted by & filed under Provident Fund Benefits.

In addition to the existing form of Loan now ss per EPFO circular dated 18th August 2017 which was released in continuation to the previous circular dated 21st April 2017, the EPFO has revised the application form for Housing loan by PF members and has also directed the Cash Branch to ensure that generation and disbursal of EMIs in respect of the all claims under para 68-BD( 4) of EPF Scheme, 1952 should be made on the first working day of the month. 

The necessary letter of intimation shall be sent to the lending agency and the member on first working day of the month. Please refer to the revised application form in the notification

Revised Form For Authorisation Of Housing Loans From PF Account
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Proposed Amendments on Maharashtra Shops and Establishments Act 2017

Posted by & filed under Maharashtra-Shop& Establishment.



 Salient Features of the Bill

–Application and registration: Establishments need to register online with uploaded, self-certified documents. This is to be done within 60 days of commencement of business. Closure of an establishment must be communicated within 30 days.

Days and hours of work and rest: Operation of shops is hereby permitted 24 hours/7 days a week. Adults can work for no longer than 9 hours a day/48 hours a week; and for not more than five hours unless given a half-hour break. Spread-over should not exceed 10 hours on any day, and 12 hours in the case of intermittent nature of work.

Women employees: There shall be no discrimination against women in employment, transfer and payment of wages. They shall be made to work only between 7am and 9.30pm. Safety, dignity and honour will be protected at all times, and in the event of working between 9.30pm and 7am, transportation from workplace to home must be provided.

 Overtime: Anyone working beyond permissible limits is entitled to overtime at twice the rate of ordinary wages. Overtime shall not exceed 125 hours over a period of 3 months.

Holiday and Leave: Every worker must be ensured at least one day’s rest (24 continuous hours) in a week. If denied a weekly holiday, a compensatory day off must be given. When working on a day of rest, worker is entitled to twice the rate of wages, and no deduction shall be made on account of weekly holiday. Every employee is entitled to eight day’s casual leave with wages during a calendar year, credited on a quarterly basis. Leave may be accumulated upto 45 days and carried forward. Leave applied for 15 days prior and not sanctioned, when over the 45 day limit may be encashed. Unavailed leave barring casual and festival leave must be paid in full by the employer. 8 paid holidays (against  the earlier limit of 4) are mandatory. While 4 of these are fixed, the rest are to be agreed mutually by employer and workers.

 Health and welfare: Measures for health and safety including cleanliness, ventilation, sanitation, drinking water, first aid, toilet facilities, and canteens when employees are over 100 in number must be made. Where employees are over 50 in number, facilities for a creche must be in place on premises, or in a common establishment within a radius of 1 kilometre.

Offenses: Contravention may attract a fine of upto one lakh, with an added fine of rupees two thousand a day for repeated contravention. Total fine shall not exceed two thousand per worker. Contravention resulting in bodily harm can attract imprisonment for six months and/or fine between 2 and 5 lakhs. Non-submission or furnishing of documents for inspection can attract fine upto 2 lakhs, with a penalty of 1 lakh for each offense if non-compliant.

Notification:-MSE
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Maharashtra Minimum Wages 1st Jul-2017 to 31st Dec 2017

Posted by & filed under Minimum Wages-Maharashtra.

Dear all,

Enclosed is the Minimum wages Notification for the period  1st July-2017 to 31st Dec 2017 but there is no changes as per last notification then also for reference purpose please see the details below 


Marathi Notification :- Maharashtra Minimum Wages Notification 1st July 2017

English Version :- Minimum-Wages mumbai-English-01-06-2017
Post Views: 1,979

Introduction Of Self-Declaration Form For Insured Woman Relating To Maternity Benefit Under ESI Scheme

Posted by & filed under Esic Benefits.

As per ESIC circular dated 18th July 2017, the ESIC has introduced a Self-declaration Form for the Insured Woman. The ESIC had noticed some instances, that the family particulars of IP/IW vary from those available in the IP portal which lead to undue benefit. In order to obviate this issue, it has been decided to obtain a self declaration from the Insured Woman for number of her surviving children as on date of presenting the maternity benefit claim. If there is an inconsistency between the declaration and the particulars on the portal, then 12 week of maternity benefit would be paid immediately from the ESIC Branch. Remaining payment, if any, will be made to Insured woman within 14 days subject to verification. Thus, Insured woman shall now submit self-declaration Form along with claim form No. 19 for the settlement of Maternity Benefit Claim

Any False statement or representation for the purpose of obtaining benefit will be punishable with imprisonment for a term which may extend to six months or with a fine of Rs  2000/- or with both.

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Minimum Wages of West Bengal 1.July-2017 to 31st Dec 2017

Posted by & filed under Minimum Wages-WestBengal.

West Bengal Minimum wages has been revised from 1st July 2017 to 31st Dec 2017

Shop-Establishment :- WB-MW-Shop-Establishment 1st July 2017-31st Dec 2017

Hotel & Restaurant :- WB-MW-hotel-and-restaurant 1st Jul 2017 to 31-dec 2017

Hotel Restaurant Lodging:- hotels-and-restaurants-including-boarding-houses–canteens-clubs-and-guest-houses

Security :- WB-MW-Security-services 1st Jul-2017-31st Dec 2017
Post Views: 1,019