Employers cannot escape from the responsibility of depositing PF contributions of employees timely. Also, the employer can't be exonerated even when it deposits the contributions after a complaint of delay is already filed.
Provident Fund, Pension for Exempted Establishment: Is an employee of an exempted establishment entitled to higher pension based on his contribution towards Provident Fund, made on the actual salary, over and above the ceilin
Employee Provident Fund (EPF) rules amendment 2019: The government is planning to amend certain sections of The Employees' Provident Funds And Miscellaneous Provisions Act, 1952 to bring more clarity to the law.
EPS to National Pension System transfer proposal: Government's draft 'The Employees’ Provident Funds and Miscellaneous Provisions (Amendment) Bill, 2019'proposes to provide employees an option to switch between EPS and NPS.
Provident Fund interest calculation: Over six crore account holders of Employee Provident Fund Organisation (EPFO) will get interest amount at 8.65 per cent credited to their account ahead of the festival season
The Central Board of Trustees of EPFO on Tuesday took a decision to pay interest on dormant accounts from April 1, 2016. However, it could not take a decision on making this applicable restrospectively from April 1, 2011 till