Eligible Service under Employees pension Scheme – EPFO issues Notification to amend Employees Pension Scheme 1995 EPFO has issued a letter regarding Amendments to the Employees pension Scheme 1995 – Issue of Gazette Notification No.G.S.R.226(E) dated 26.03.2015 and G.S.R.227 (E) dated 26.03.2015 EMPLOYEES PROVIDENT FUND ORGANISATION (Ministry of Labour & Employment, … [Read more...] about Amendments to the Employees pension Scheme 1995
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EPFO
EPFO to deduct TDS on PF withdrawals in some cases from June
EPFO to deduct TDS on PF withdrawals in some cases from June New Delhi: Retirement fund body EPFO will deduct tax at source from next month on PF withdrawals where accumulations are over Rs 30,000 and the employee has worked less than five years. "The Finance Act, 2015 (20 of 2015) has inserted a new section 192A regarding the payment of accumulated provident fund balance … [Read more...] about EPFO to deduct TDS on PF withdrawals in some cases from June
Measures for pension beneficiaries under EPF
GOVERNMENT OF INDIA MINISTRY OF LABOUR AND EMPLOYMENT RAJYA SABHA QUESTION NO 1966 ANSWERED ON 13.05.2015 Measures for pension beneficiaries under EPF 1966 Dr. Satyanarayan Jatiya Will the Minister of LABOUR AND EMPLOYMENT be pleased to state the measures taken by Government to meet the demands of pension beneficiaries under the Employees' … [Read more...] about Measures for pension beneficiaries under EPF
EPS pensioners assured of minimum pension of Rs. 1000 per month
EPS pensioners assured of minimum pension of Rs. 1000 per month Press Information Bureau, Government of India Ministry of Labour & Employment 12-May, 2015 EPS pensioners assured of minimum pension of Rs. 1000 per month EPFO settles 11.77 lakh claims in April 2015: 77% of EPF claims settled within 10 days. The Employees Provident Fund Organisation(EPFO) has … [Read more...] about EPS pensioners assured of minimum pension of Rs. 1000 per month
Minimum pension of Rs. 1,000/- per month in perpetuity to Pensioners of Employees’ Pension Scheme, 1995
Minimum pension of Rs. 1,000/- per month in perpetuity to Pensioners of Employees’ Pension Scheme, 1995 The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval for continuation of the minimum pension of Rs. 1,000/- per month to the pensioners of Employees’ Pension Scheme, 1995 (EPS) beyond the financial year 2014-15 on perpetual basis. … [Read more...] about Minimum pension of Rs. 1,000/- per month in perpetuity to Pensioners of Employees’ Pension Scheme, 1995
Second Round of Tripartite Consultations on EPF & MP Act Amendments Held
Second Round of Tripartite Consultations on EPF & MP Act Amendments Held Bandaru Dattatreya Chairs Tripartite Consultations The Second Round of Tripartite Consultations on Employees Provident Fund and Miscellaneous Provisions Act,1952 (EPF &MP Act) Amendments was held here yesterday. Shri Bandaru Dattatreya, the Minister of State, Labour & Employment (I/C) … [Read more...] about Second Round of Tripartite Consultations on EPF & MP Act Amendments Held
Employees Under the Employees Provident Fund(EPF) to be Provided two Options
Employees Under the Employees Provident Fund(EPF) to be Provided two Options The Union Finance Minister Shri Arun Jaitley has announced that with respect to Employees Provident Fund (EPF), the employee needs to be provided two options. Firstly, the employee may opt for EPF or the New Pension Scheme (NPS). Secondly, for employees below a certain threshold of monthly income, … [Read more...] about Employees Under the Employees Provident Fund(EPF) to be Provided two Options
EPFO Pension Scheme: Age Limit May Be Raised
EPFO Pension Scheme: Age Limit May Be Raised New Delhi: The Employees' Provident Fund Organisation's trustees in a meeting on Thursday will consider a proposal to raise the age limit from 58 to 60 years for vesting of pension under the Employees' Pension Scheme (EPS-95). At present, a formal sector worker covered under the EPS-95 can make contributions towards the pension … [Read more...] about EPFO Pension Scheme: Age Limit May Be Raised
Meeting on Amendment in EPF & MP Act, 1952
Meeting on Amendment in EPF & MP Act, 1952 Press Information Bureau Government of India Ministry of Labour & Employment 12-February-2015 Shri Bandaru Dattatreya Chairs Tripartite Meeting on Amendment in EPF & MP Act, 1952 The Union Minister of State (Independent Charge) for Labour & Employment, Shri Bandaru Dattatreya has chaired the tripartite meeting … [Read more...] about Meeting on Amendment in EPF & MP Act, 1952
EPF Claim settlement period reduced from 30 days to 20 days
EPF Claim settlement period reduced from 30 days to 20 days Press Information Bureau Government of India Ministry of Labour & Employment 19-December-2014 18:53 IST Shri Bandaru Dattareya chairs 205th meeting of Central Board of Trustees of EPF Claim settlement period reduced from 30 days to 20 days Union Minister of State (IC) for Labour & Employment, Shri … [Read more...] about EPF Claim settlement period reduced from 30 days to 20 days
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