Category Archives: Provident Fund

Format for Authorization of repayment of Housing Loan out of PF Account

For Web Circulation Only Employees’ Provident Fund Organisation (Ministry of Labour & Employment, Govt. of India) Head Office Bhavishya Nidhi Bhawan, 14-Bhikaiji Cama Place, New Delhi-110066 www.epfindia.gov.inwww.epfindia.nic.in Telephone: 011- 26713254 Fax: 011-26166609 Email: acc.fa.imc@epfindia.gov.in No: WSU/39(1)2017/Housing Scheme/10420 Dated: 18 AUG 2017 To All Addl. CPFC (HQ/Zone), Regional P.F. Commissioners-incharge of Regional Offices. Sub: Withdrawal under… Read More »

Labour Code on Social Security 2017

The Second National Commission on Labour has recommended that the existing Labour Laws should be broadly grouped into four or five Labour Codes on functional basis. Accordingly, the Ministry has taken steps for drafting four Labour Codes on Wages; Industrial Relations; Social Security & Welfare; and Safety and Working Conditions respectively, by simplifying, amalgamating and… Read More »

Multiple Banking System for EPFO Payment

Multiple Banking System for EPFO contribution and payments by Signing of Agreement between EPFO and Public & Private Sector Banks  In keeping with the Government’s mandate for facilitating ‘Ease of doing business’, EPFO has taken a step further. In the august presence of Shri Bandaru Dattatreya, the Minister of State (Independent Charge) for Labour &… Read More »

New Housing Scheme of EPF & MP Act 1952

EPFO signs MoU with HUDCO under new Housing Scheme of EPF & MP Act-1952 Dr. V.P. Joy, Central Provident Fund Commissioner and Dr. M. Ravi Kanth, CMD HUDCO signed a Memorandum of Understanding (MoU) in the august presence of Union Minister of Urban Development, Housing & Urban Poverty Alleviation, Shri M. Venkaiah Naidu and the… Read More »

When Indian employee to be treated as International Worker

BY WEB CIRCULATION Telephone: 26196236 FAX: 26189910 EMPLOYEE’s PROVIDENT FUND ORGANIZATION (Ministry of Labor, Govt. Of India) Head Office Bhavishyanidhi Bhawan, 14-Bhikaji Cama Palace, New Delhi- 110066. File No. IWU/7/(25)/2017/ Clarification reg. Para 83/5366  Dated: 08 June 2017. To, All Addl. C.P.F.Cs (Zones), All R.P.F.Cs –In Charge. Subject:-Definition of “International Worker” as given in Para… Read More »

EPF – Online Filing of Returns of Exempted Establishments under New Software

EMPLOYEES’ PROVIDENT FUND ORGANIZATION (Ministry of Labor & Employment, Govt. of India) Head Office Bhavishya Nidh1 Bhawan, 14, Bhikaiji Cama Place, New Delhi -110 066. No. Exem/10(20)2016/Vol. III Dated 29.05.2017 To All ACC(Zones), ALL RPFCs (Incharge of the RO/SRO) Subject : Online Filing of Returns of Exempted Establishments under New Software – Regarding. To streamline… Read More »

Allowing members of EPS’ 95 benefit of actual salary in Pension Fund

EMPLOYEES‘ PROVIDENT  FUND ORGANISATION (Ministry of Labour & Employment, Govt. of India) Head Office, Bhavisha Nidhi Bhavan, 14, Bhikaji Cama Place, New Delhi-110 066. No: Pension-l/12/33/EPS  Amendment/96 Vol. II/4432 Dated: 31st May, 2017 To. All ACCs (Zonal Offices) All Regional P.F. Commissioner (In-Charge of Regions), All officers-in-charge of SROs. Subject:- Allowing members of the EPS’… Read More »

PF contributions to be reduced from 12% to 10% by Indian Govt

Govt. to reduce PF contributions from 12% to 10% Trustees of retirement fund body EPFO may approve a proposal tomorrow to reduce the mandatory contributions toward social security schemes run by it to 10 per cent for workers as well as employers. Presently, employees and employers contribute 12 per cent of basic wages each towards… Read More »

Coverage of Beedi establishments and workers under EPF & MP Act 1952.

EMPLOYEES PROVIDENT FUND ORGANIZATION (Ministry of Labor & Employment, Govt. of India) Head Office Bhavishya Nidhi Bhawan, 14, Bhikaji Cama Palace, New Delhi- 110066. No. C-I/3(6)2017/Special drive Beedi Workers/4098                                                                                    Date: 24 MAY 2017 To All Additional Central P.F. Commissioner (Zones) All Regional P.F. Commissioner-I & II-In-charge of ROs. Sub: Coverage of Beedi establishments and workers.… Read More »

EPFO beneficiaries to get payment through e -fund transfer system

EPFO beneficiaries to get payment through electronic or digital fund transfer system   The Ministry of Labour & Employment vide notification dated 4th May 2017 has provided for electronic or digital fund transfer / payment of EPF benefits, pension disbursement and insurance claim.  For this purpose, suitable amendments have been made in all the three… Read More »

Govt to Transfer cash into account of Pregnant Women -Maternity Benefit Program

Cabinet approves Pan-India implementation of Maternity Benefit Program The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given ex-post facto approval to Pan-India implementation of Maternity Benefit Program which now has been extended to all districts of the country w.e.f. 01.01.2017. The Prime Minister in his address to the nation on 31.12.2016… Read More »

EPFO’s Citizens’ Charter 2017 & e-court management system launched

Press Information Bureau Government of India Ministry of Labour & Employment 16-May-2017 18:20 IST Shri Bandaru Dattatreya launches EPFO’s Citizens’ Charter 2017 & e-court management system Citizens’ Charter 2017 to bring transparency and accountability on the part of EPFO The Minister of State for Labour & Employment(IC), Shri Bandaru Dattatreya launched EPFO’s Citizens’ Charter 2017… Read More »

Use videography for litigant/ non-cooperative employers – EPFO

EMPLOYEES’ PROVIDENT FUND ORGANISATION C-1 -1(4)2017/Capital Dyeing/3274 Dated 11.05.2017 Please find enclosed herewith a copy of the judgment dated 27-10- 2016 passed by the Hon’ble High Court of Punjab and Haryana in CWP No. 17366/1998 in the matter of Capital Dyeing V/s RPFC. The Hon’ble Court while dismissing the Writ Petition filed by M/s Capital… Read More »

Staff Provident Fund in EPFO- Revised rate of interest – Q1 FY 2017-18

EMPLOYEES’ PROVIDENT FUND ORGANISATION No. HRD/3(2)2012/SPF/ 71 Dated 09.05.2017 To All Additional CPFCs, Zones & ACC (ASD) Director (PDUNASS), All RPFCs, Regional Offices Revised rate of interest – with regard to Staff Provident Fund in EPFO – regarding. Sir, Please find enclosed a copy of Resolution No. 5(1)-B (PD)/2017 dated 18.04.2017 issued by Ministry of… Read More »

Benefit of 2 Years weightage of Service under Employees Pension Scheme

summary  Where the date of leaving service is before 24.07.2009 benefit of 2 years weightage of service will be given even if a member had opted for pension before attaining 58 years of age, Telephone: 26196236 EMPLOYEES PROVIDENT FUND ORGANISATION (Ministry of Labour & Employment, Govt. of India) Head office Bhavishya Nidhi Bhawan, 14, Bhikaji… Read More »

Employees Provident Funds (6th Amendment) Scheme 2017

THE GAZETTE OF INDIA EXTRAORDINARY PART II—Section 3—Sub-section (i) PUBLISHED BY AUTHORITY MINISTRY OF LABOUR AND EMPLOYMENT NOTIFICATION New Delhi, the 4th May, 2017 G.S.R. 436(E).—In exercise of the powers conferred by section 5 read with subsection (1) of section 7 of Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government… Read More »

Employees’ Pension (Amendment) Scheme 2017.

NOTIFICATION New Delhi, the 4th May, 2017 G.S.R. 437(E).—In exercise of the powers conferred by section 6A read with sub-section (1) of section 7 of Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government hereby makes the following Scheme further to amend the Employees’ Pension Scheme, 1995, namely:- 1.     (1) This… Read More »

Employees’ Deposit-Linked Insurance (Amendment) Scheme 2017

NOTIFICATION New Delhi, the 4th May, 2017 G.S.R. 438(E).—In exercise of the powers conferred by section 6C read with subsection (1) of section 7 of Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government hereby makes the following Scheme further to amend the Employees’ Deposit-Linked Insurance Scheme, 1976, namely:- 1. (1)… Read More »

ESIC – One IP- 2 Dispensaries & Aadhaar Based Online Claim Submission” Schemes

Press Information Bureau Government of India Ministry of Labour & Employment 01st May 2017 Shri BandaruDattatreya Launches “One IP- Two Dispensaries” and “Aadhaar Based Online Claim Submission” Schemes on International Labour Day The Government is Committed for Job Security, Wage Security and Social Security of the Workers: Shri Bandaru Dattatreya Minister of State (I/C) for… Read More »

EPFO Revised delegation of financial powers for settlement of claims.

FOR WEB CIRCULATION ONLY Employees’ Provident Fund Organisation (Ministry of Labour & Employment, Govt. Of India) Head Office Bhavishya Nidhi Bhawan, 14-Bhikaiji Cama Place, New Delhi-110066 www.epfindia.gov.in, www.epfindia.nic.in Telephone: 011- 26172685 Fax: 011-26173022 Email: rc.fa@epfindia.gov.in No. Manual/Amendment/2011/pt/1948 Dated: 01st May 2017 To, All Addl. CPFC (HQ/Zone) Regional P.F. Commissioners In-charge of Regional Offices. Sub: Revised… Read More »

Contractual Workers eligible for Maternity Benefits Act : HC

Madras High Court Smt. Archana Pandey Vs State of M.P and others  Appeal Number : Writ Petition No. 15523 of 2016 Date of Judgement/Order : 04/04/2017 The Division Bench of the Allahabad High Court in the case of Dr. Parul Mishra Vs. State of U.P. decided on 27 th January, 2010 in the case of a… Read More »

8.65% interest rate on employees’ provident funds scheme

8.65% interest rate on employees’ provident funds scheme: The government of India has declared a rate of interest of 8.65% for interest on provident fund accumulations for members of employee provident funds schemes for the financial year 2016-2017. Read an April 2017 report [PDF 311 KB] of KPMG

EPFO : Doctor Certificate not required for Advance in illness cases – Notification

MINISTRY OF LABOUR AND EMPLOYMENT NOTIFICATION New Delhi, the 25th April, 2017 G.S.R.404(E).— In exercise of the powers conferred by section 5 read with sub-section (1) of section 7 of Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government hereby makes the following Scheme, further to amend the Employees’ Provident… Read More »

EPFO to inform Default by SMS and Email

Introduction of real time system in EPFO Default management EMPLOYEES’ PROVIDENT FUND ORGANISATION (Ministry of Labour & Employment, Govt. of India) Head Office Bhavishya Nidhi Bhawan, 14, Bhikaiii Cama Place, New Delhi – 110 066. No.: CAIU/011(52)16/Principal employer Portal & CAW/722 Dated: 25th APR 2017 To, The Additional Central P.F. Commissioners (Zones) The Regional P.F. Commissioners… Read More »

EPFO allowed Withdrawal from PF for Housing needs

Employees’ Provident Fund Organisation (Ministry of Labour & Employment, Govt Of India) Head Office Bhavishya Nidhi Bhawan, 14-Bhikaiji Cama Place, New Delhi-110066 www.epfindia.gov.in www.epfindia.nic.in Phone: 011-26175914, Fax No.: 011-26177829 No. WSU/39(1)2017/Housing Scheme Date: 21.04.2017 To All Addl. Central Provident Fund Commissioners (HQ/Zone) All Regional Provident Fund Commissioners of Regional Offices. Sub: Withdrawal from the provident… Read More »

FinMin ratifies 8.65% rate on Employee Provident Fund

FinMin ratifies 8.65% rate on Employee Provident Fund Labour Minister Bandaru Dattatreya today said that the Finance Ministry has approved 8.65 per cent interest rate on EPF for 2016-17. The ratification of the 8.65 per cent on EPF will enable the retirement fund body EPFO to credit this rate of return into the accounts of… Read More »

EPFO to pay loyalty cum life benefit to EDLI members

Aadhaar Seeding Application launched by Shri Bandaru Dattatreya Minimum assured amount on death in service and loyalty cum life benefit to EDLI members on superannuation recommended to Government Employee Enrolment Campaign enrolls about 5 million workers in EPFO upto 31st March, 2017 The Central Board (EPF) under the chairmanship of Union Minster of State for… Read More »

Govt makes compliance of Labour Laws and Rules easy

Government makes compliance of Labour Laws and Rules easy Government reduces number of forms and Reports from 36 to 12 to lessen costs and compliance burden of various establishments The Government has undertaken an exercise to promote ease of compliance of LabourLaws and Rules byvarious establishments. The “Rationalisation of Forms and Reports under Certain Labour… Read More »

Employees’ Provident Funds (Seventh Amendment) Amendment Scheme 2017.

NOTIFICATION New Delhi, the 29th March, 2017 G.S.R. 299(E).— In exercise of the powers conferred by section 5 read with sub-section (1) of section 7 of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government hereby makes the following Scheme to amend the Employees’ Provident Funds (Seventh Amendment) Scheme,… Read More »

Employee Enrolment Campaign extended till 30th June 2017 -EPFO

Employee Enrolment Campaign extended till 30th June 2017 Social Security coverage under EPFO to the volunteers of Anganwadi, ASHA, Mid-day Meal Workers recommended to the Government. Private Sector Banks allowed to collect contributions on a pilot basis    New eligibility condition for exemption under EPF and MP Act approved.  The Central Board (EPF) under the… Read More »

Claims settlement in cases of deaths within 7 days -EPFO

Field offices of EPFO directed to settle claims in cases of deaths within seven days of receipt of such claims The field offices of Employees’ Provident Fund Organization (EPFO) have been directed to settle claims in cases of deaths within seven days of receipt of such claims. As per paragraph 72(7) of the Employees’ Provident… Read More »

Draft National Policy for Domestic workers in India -Key Features

Draft National Policy for Domestic workers under consideration A draft National Policy for Domestic workers is under consideration of the Government. The salient features of the Policy are as under: Inclusion of Domestic Workers  in the existing legislations Domestic workers will have the right to register as workers with the State Labour Department. Such registration… Read More »

International Workers PF and Pension Payment on Date of Leaving Service : EPFO Instructions

International Workers and PF and Pension Payment on Date of Leaving Service Employees’ Provident Fund Organisation File No IWU/7/(25)/2017 / Payment of PF and Withdrawal Benefits/34140 Dated 23.03.2017 Payment of PF and withdrawal benefit under Pension Scheme on the date of leaving service to International Workers -Regarding. Instruction were issued vide circular No. CSD-I/CPGRAMS/Pragati E-… Read More »

EPFO allowed benefit of actual salary in Pension Fund exceeding wage limit

EMPLOYEES’ PROVIDENT FUND ORGANISATION No: Pension-I/12/ 33/EPS Amendment/96/ Vol.II/34007 Dated 23.03.2017 Allowing members of the Employees’ Pension Scheme, 1995 the benefit of the actual salary in the Pension Fund exceeding wage limit of either Rs. 5000 / – or Rs. 6500 per month from the effective date respectively as per the Hon’ble Supreme Court’s order… Read More »

Law Of Employees’ Provident Funds -7 th Edition 2017 -R C Chaturvedi

Law Of Employees’ Provident Funds (Seventh Edition,2017) Hardcover – 2017 by R C Chaturvedi (Author) The most exhaustive, analytical, authoritative and up to date treatise on the employees’ Provident Funds and Miscellaneous Provisions act,1652 together with Schemes thereunder and other allied matter. Price Rs 2450. Click to buy online Publisher: Caswell Publications; Seventh Edition edition (2017) Related… Read More »

Practical Guide to Employees ESI Act – Book 2016 Edition -H L Kumar

Practical Guide to Employees’ State Insurance- Act, Rules & Regulations Paperback – 1 Nov 2016 by H L Kumar (Author) The Employees’ State Insurance Act (popularly known as ESI Act) is the first major legislation on social security for lower paid employees in India. The scheme, as per provisions of the Act, is devised so as to… Read More »

Relaxations in General Provident Fund Rules

Several relaxations brought in GP Fund rules In a major relief for government employees, Ministry of Personnel, Public Grievances and Pensions has announced several relaxations in General Provident Fund Rules, with liberalization and simplification, particularly relating to advances and withdrawals by the subscriber/ employee. According to the Union Minister of State (Independent Charge) for Development… Read More »