EPF Updates & Cases

EPF Advance Claim: New Option Available

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EPF advance claim: Partial Withdrawal (Advance claim) related to Previous Employer, without transferring can also be done now. Means, you can claim directly without transferring . We are providing practical training (Labor Laws, Payroll, Salary Structure, PF-ESI Challan) and Labor Law, Payroll Consultant Service & more: HR-Generalist-Practical-Training: https://oneclik.in/hr-generalist-practical-training/ (PF, ESI, Bonus, Payroll & more) Labour-Law-Practical-Training: https://oneclik.in/labour-law-practical-training/ (Factory, Contact Labor, […]

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EPFO: Launched Multi-Location Claim Settlement Facility

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NEW DELHI : EPF withdrawal claims are now being processed faster than before as the Employees’ Provident Fund Organisation (EPFO) has not only launched a new artificial intelligence (AI) tool for auto processing of claims but also delinked accounts from regional offices. So far, your provident fund account was linked to the nearest local or regional

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EPFO Case Judgement By Delhi High Court: For Employees Of Exempted Organisations

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There is good news both for the employees and those who have retired from any of the exempted organizations. The High Court of Delhi on May 22 has delivered a judgment that is in favour of the employees of the exempted organization governed by the Employees’ Provident Fund Organisation (EPFO). This judgment after the all-important

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EPF New Contribution: Employees And Employers Can Adhere To 12%?

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The Employees’ Provident Fund Organisation (EPFO) has now provided clarification on the reduction of contribution towards EPF (Employees’ Provident Fund) for the months of May, June and July as part of the government’s Atmanirbhar Bharat Package. The pension fund manager has said that you, as well as your employer, have a choice to continue to

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EPFO About New PF Contribution: Its Not Necessary & Impact On CTC And Pension Of Employee

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The government notified the new rules on lower contribution towards the employees’ provident fund (EPF) by employer and employee for the next three months on 18 May. The Employees’ Provident Fund Organization (EPFO) came out with detailed FAQs (frequently asked questions) on 20 May to provide clarity on the statutory reduction on PF contributions. As

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Employees Provident Fund: 79 Lakh New PF Accounts Opened In FY 2019-20

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An estimated 79 lakh new members, around 29% more compared with 2018-19, got registered with the Employees’ Provident Fund Organisation (EPFO) in 2019-20, as per the net payroll data of the retirement fund body. The data of net new subscribers is based on the Universal Account Number (UAN) generated in the system and where the

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EPFO income dips as deposits are deferred, withdrawals rise

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The Employees Provident Fund Organisation (EPFO) is set to face an income crisis, which will have a direct bearing on millions of its subscribers’ PF earnings in 2020-21. A million workers have already withdrawn their EPF savings in last five weeks to tide over income loss caused by the ongoing lockdown imposed to prevent the

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EPFO allows employers to register digital signatures via e-mail

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Retirement fund body EPFO on Wednesday allowed employers to register their digital signatures online through e-mail, in view of the lockdown to combat COVID-19, according to a labour ministry statement. Currently, authorised persons of employers have to go to the Employees’ Provident Fund Organisation (EPFO) offices to get their digital signatures registered. In the current scenario

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EPFO to disburse restored pension from This month

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NEW DELHI: The Employees’ Provident Fund Organisation (EPFO) will start giving out full pensions from May to those who opted for commutation at the time of retirement. Commutation is an option given to pensioners to convert a part of their monthly pension into an upfront lumpsum payment at the time of retirement. The full pension is restored after some time,

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