EPFO recommends Increased PF Interest Rate at 8.65% for 2018-19
Central Board of Trustees (CBT) of EPFO has recommended to increase the PF Interest Rate from 8.55% (for FY 2017-18) to 8.65% (for FY 2018-19) for crediting in the …
Tag: EPFO
PF Admin Charges reduced to 0.5% from 1 June 2018 and EDLI Admin Charges waived by EPFO
Expenditure incurred by EPFO in administering the Provident Fund (EPF), EDLI, etc., are met from the Admin/ Inspection charges collected from the employers. PF Admin charges have been further …
TDS on PF Withdrawals u/s 192 of Income Tax along with EPFO Instructions
TDS on PF withdrawals u/s 192 of Income Tax has been introduced to discourage pre-mature withdrawal, promote long term savings and to ensure taxability of such withdrawals in certain …
Mandatory online submission of PF/ Pension claims (above Rs. 10/ 5 lacs): EPFO
EPFO has directed that in case the amount of PF/ Pension withdrawal claim settlement is above Rs.10 lacs/ Rs. 5 Lacs respectively, the claim form has to be submitted through …
Reduced threshold of 10 Employees for PF Coverage (against existing 20)
As per News Reports, the Central Board of Trustees (CBT) of EPFO has recommended in its meeting dt. 21 Feb. 2018 to reduce Administrative Charges from 0.65% to 0.50% of …
EPFO’s New Composite PF Claim Forms (Aadhar Based/ Non-Aadhar)
EPFO's new Composite Claim Forms (Aadhar Based/ Non-Aadhar) for PF Withdrawals (full/ partial) applicable w.e.f. 20 Feb. 2017, which have replaced the earlier withdrawal Claim Forms 19, 10C and …
Simplified EPS/ EPF Withdrawal Claim Forms 19, 10C & 31 (UAN based)
EPFO has introduced Composite PF Claim Forms (Aadhar/ Non-Aadhar), Pension Claim Form (Aadhaar) and Composite Claim Form (PF/ EPS/ EDLI) for Death cases. As a result, the Claim Forms …
EPFO Introduces New Functionality for Aadhaar Seeding UAN by Members
To reduce paper work, time delay and hardships for employees, the EPFO has introduced a new functionality on unified portal wherein a Member can give online request for Change/ Correction …
Employers can e-Sign (Aadhaar based ) at Unified Portal, in addition to DSC: EPFO
In view of feedback from many employers about difficulties in e-signing the documents using DSC, due to client side technical settings, leading to their failure to approve KYC, registering under …
New Composite Declaration Form F-11 Introduced by EPFO: Form 11 & Form 13 Replaced
The EPFO has notified revised/ new version of single page Composite PF Declaration Form F-11 (Aadhaar/ Non-Aadhaar), applicable w.e.f. 20 Sept. 2017, which replaces the existing Form 11 and …
