Agreements with Banks for easy deposit & withdrawals of EPF Contributions The Employees' Provident Fund Organisation (EPFO) has tied up/entered into agreement with ten banks to collect EPFO dues and to make payments of Provident Fund (PF) withdrawals, pension and insurance to EPFO beneficiaries. These banks are State Bank of India, Punjab National Bank, Indian Bank, … [Read more...] about Agreements with Banks for easy deposit & withdrawals of EPF Contributions
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EPFO - Employees Provident Fund Organisation
Inoperative EPF Accounts
Inoperative EPF Accounts The Government vide notification no. G.S.R. 1065 (E) dated 11.11.2016 has amended paragraph 72(6) of the Employees’ Provident Funds (EPF) Scheme, 1952 wherein changes have been made in the conditions leading to a Provident Fund (PF) account becoming an Inoperative Account. As per amended definition of Inoperative Account (w.e.f. 11.11.2016), an … [Read more...] about Inoperative EPF Accounts
Multiple Banking System for EPFO contribution and payments by Signing of Agreement between EPFO and Public & Private Sector Banks
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 & Employment, EPFO … [Read more...] about Multiple Banking System for EPFO contribution and payments by Signing of Agreement between EPFO and Public & Private Sector Banks
EPFO signs MoU with HUDCO under 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 Minister of State (Independent Charge), … [Read more...] about EPFO signs MoU with HUDCO under new Housing Scheme of EPF & MP Act-1952
Withdrawal under paragraph 68-BD of EPF Scheme, 1952 for housing needs of the PF members
Employees Provident Fund Organisation (Ministry of Labour & Employment, Govt. of India) Head Office Bhavishya Nidhi Bhawan, 14-Bhikaiji Cama Place, New Delhi-110066 No: WSU/39(1)2017/Housing Scheme/4106 Date: 24.05.2017 To All Addl. CPFC (HQ/ Zone), Regional P.F. Commissioners-incharge of Regional Offices. Sub: Withdrawal under paragraph 68-BD of EPF Scheme, … [Read more...] about Withdrawal under paragraph 68-BD of EPF Scheme, 1952 for housing needs of the PF members
EPFO: To hike take-home pay of employees, government plans to cut employers contribution to 10%
EPFO: To hike take-home pay of employees, government plans to cut employers contribution to 10% Chief provident fund commissioner (CPFC) V P Joy told FE the matter is on the agenda and that the opinion of the CBT members would be sought. In a move that will increase the take-home pay of employees, the government plans to prune employers' contribution to the employees' … [Read more...] about EPFO: To hike take-home pay of employees, government plans to cut employers contribution to 10%
EPF members now required to submit self-declaration for advance in case of illness of members/ dependents
EPF members now required to submit self-declaration for advance in case of illness of members/ dependents Press Information bureau Ministry of Labour & Employment 28-April, 2017 12:51 IST EPF members now required to submit self-declaration for advance in case of illness of members/ dependents EPF members will now only be required to submit a self-declaration for the … [Read more...] about EPF members now required to submit self-declaration for advance in case of illness of members/ dependents
Aadhaar Seeding Application launched by Shri Bandaru Dattatreya
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 Labour … [Read more...] about Aadhaar Seeding Application launched by Shri Bandaru Dattatreya
GPF Rules
GPF Rules With effect from 7th March 2017, Government has simplified and liberalised the conditions for taking advance from the fund by the subscribers for education, illness, purchase of consumer durables. Conditions and procedures for withdrawal from the fund for the purpose of education, illness, housing, purchase of motor vehicles etc. have also been liberalised. No … [Read more...] about GPF Rules
Development of EPFO APP – UMANG
Development of EPFO APP Employees' Provident Fund Organization (EPFO) is developing online claims settlement process by receiving application online. The application will be integrated with Unified Mobile App for New-age Governance (UMANG) App to receive the claims online. However, time frame to rollout the same has not been finalized. EPFO has engaged Centre for Development … [Read more...] about Development of EPFO APP – UMANG
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