EPF Updates & Cases

Incomplete Nomination Data Stalls EPFO Claims

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Incomplete nomination data stalls EPFO claims | Goa News – Times of India Failure to put on record one’s dependents and family members has seen many Employee Provident Fund (EPF) claims stalled or delayed, said regional provident fund commissioner Ashwini Kumar Gupta. Gupta said that the claim settlement process, particularly where a EPFO member has […]

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Govt May Allow Portability Of Social Security Numbers

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The Union government is likely to effect a social security number portability across the formal and informal sector to cope with the dynamic future of work. Employees’ Provident Fund Organisation (EPFO) subscribers have a unique number and the Employees’ State Insurance Corporation (ESIC) also has unique numbers for their subscribers, while a unique number system has also

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Supreme Court On EPF Pension Case: Larger Bench To Decide If There Is Cut-Off Date For Option Under Para 11(3) Of EPS

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EPF Pension Case : Supreme Court Larger Bench To Decide If There Is Cut-Off Date For Option Under Para 11(3) Of EPS The Supreme Court on Monday referred to a larger bench the appeals filed by the Employees Provident Fund Organization (EPFO) and the Union of India challenging the judgments of Kerala, Delhi and Rajasthan

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Centre To Pay PF Share Of Certain Employers, Employees Till 2022

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Clarification: The finance minister made the below remarks while reiterating the announcements made in Atmanirbhar Bharat Package last year, ANI clarified in a tweet. Finance Minister Nirmala Sitharaman on Saturday said that the Central government would pay the PF share of the employer as well as the employee till 2022 for people who lost their jobs but were

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EPF: Fraud Sparks Scrutiny At EPFO Offices

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The Employees’ Provident Fund Organisation (EPFO) will scrutinize all transactions especially recent ones, including those of the previous financial year, at all field offices across the country. This follows the siphoning off around ₹21 crore by a team of Group B and Group C staff from dormant provident fund (PF) accounts of erstwhile companies. The decision has been

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Supreme Court On EPF Pension Case: To Consider If Reference To Larger Bench Is Needed In View Of ‘RC Gupta’ Decision

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The Supreme Court on Wednesday decided to consider the issue whether to refer to a larger Bench, the appeals filed by Employees Provident Fund Organization and others including Union of India, challenging the judgments of various High Courts which quashed the Employee’s Pension (Amendment) Scheme, 2014. A Bench of Justice UU Lalit and Justice Ajay Rastogi observed that

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Supreme Court: High Courts Assumed Exercise Of Option Wasn’t Necessary For Pension Above Upper Limit, EPFO Argues In SC

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The Supreme Court on Tuesday heard the arguments of the Employees Provident Fund Organization in the appeal filed by it challenging the judgments of various High Courts which quashed the Employee’s Pension (Amendment) Scheme, 2014. A bench comprising Justices UU Lalit and Ajay Rastogi heard the arguments made by Senior Advocate C Aryama Sundaram on behalf of the EPFO.Sundaram argued

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Provident Fund Losses Force Air India To Pay Its Staff Lower Than EPFO Rate

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Air India is paying much less than the Employees Provident Fund Organisation (EPFO)-approved interest rate on provident fund savings of its employees that are managed by its own PF trusts, people familiar with the matter said. The privatisation-bound national carrier – which incurred significant losses on PF money of its employees due to investments in troubled firm Dewan

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