New EPF withdrawal norms put on hold for 3 monthsEPF withdrawal norms put on hold till July 31st 2016 – Earlier, with the consent of Trade Unions and with the intention of promoting a decent accumulation of provident fund in members account Partial withdrawal was proposed to be disallowed The Govt puts on hold new Provident Fund withdrawal norms till July 31. New PF … [Read more...] about New EPF withdrawal norms put on hold for 3 months
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EPFO - Employees Provident Fund Organisation
Successful Strike on 11th July 2016 will fetch decent 7th Pay Commission Pay and Allowances
Successful Strike on 11th July 2016 will fetch decent 7th Pay Commission Pay and Allowances –Confederation of Central Government Employees and Workers, Karnataka Branch observes in the background of Govt’s decision to withhold Provident Fund withdrawal Policy on the response of Flash Strike by Garment Factory Workers in Bangalore Comrades, The flash strike against the … [Read more...] about Successful Strike on 11th July 2016 will fetch decent 7th Pay Commission Pay and Allowances
Government puts on hold new Provident Fund withdrawal norms till July 31
The Government puts on hold new Provident Fund withdrawal norms till July 31. New PF withdrawal norms proposes to bar withdrawal of employer’s contribution to the provident fund corpus until the employee attains the age of 58 years. On the issue of new Provident Fund withdrawal norms, the government today decided to keep the implementation of new norms in abeyance for three … [Read more...] about Government puts on hold new Provident Fund withdrawal norms till July 31
New EPF Rules to Come into Force after April 30
New EPF Rules to Come into Force after April 30 On Feb 10, 2016, the ministry of labour and employment made sweeping changes in the EPF rules restricting the withdrawal of EPF corpus. EPFO rules restricting withdrawal of employees’ provident fund will come into force after April 30. New EPF Rules to Come into Force after April 30 – The government has deferred the … [Read more...] about New EPF Rules to Come into Force after April 30
Organizational Restructuring of EPFO Approved to Address Career Progression of Over 20000 Officials
Organizational Restructuring of EPFO Approved to Address Career Progression of Over 20000 Officials Inoperative EPF Accounts that Stopped Earning Interest in 2011, Now to Earn Interest W.E.F. 01.04.2016 Software Module for Disbursal of Salaries to EPFO Launched EPFO’s highest decision making body, the Central Board of Trustees methere last evening . This was its 212th … [Read more...] about Organizational Restructuring of EPFO Approved to Address Career Progression of Over 20000 Officials
EPFO settles 104.38 lakh claims in the current fiscal CBT, EPF recommended 8.8% rate of interest for the year 2015-16
EPFO settles 104.38 lakh claims in the current fiscal CBT, EPF recommended 8.8% rate of interest for the year 2015-16 Simplified Pension Claim Form 10D (UAN) and single page Pension Payment Order (PPO) under Employees’ Pension Scheme, 1995 unveiled New Delhi: While taking stock of the performance of EPFO in the month of February 2016, Dr V.P. Joy, the newly appointed … [Read more...] about EPFO settles 104.38 lakh claims in the current fiscal CBT, EPF recommended 8.8% rate of interest for the year 2015-16
Confusion on EPF due to bad phrasing in Budget speech: Union Revenue Secretary Hasmukh Adhia
Confusion on EPF due to bad phrasing in Budget speech: Union Revenue Secretary Hasmukh Adhia Union Revenue Secretary Hasmukh Adhia today defended the proposal to tax Employee’s Provident Fund withdrawals, saying the intention was only to encourage investment in pension schemes, but the phrasing in the Budget speech caused the confusion. “The entire thing happened not … [Read more...] about Confusion on EPF due to bad phrasing in Budget speech: Union Revenue Secretary Hasmukh Adhia
Filling up the post of Financial Adviser and Chief Accounts Officer in EPFO
Filling up the post of Financial Adviser and Chief Accounts Officer in EPFO - reg. MINISTRY OF LABOUR & EMPLOYMENT SHRAM SHAKTI BHAVAN NEW DELHI - 110001 D.O. No. A-12026/05/2015-SS.1 February 17, 2016 Dear Secretary, Employees Provident Fund Organization is an autonomous body under the Ministry of Labour & Employment. The financial/ accounts matter in the EPFO … [Read more...] about Filling up the post of Financial Adviser and Chief Accounts Officer in EPFO
Online petition against retirement tax goes viral
Online petition against retirement tax goes viral An online petition against retirement tax has gone viral on social media with nearly 3,000 signups seeking urgent and immediate withdrawal of Provident Fund Tax just a day after it was announced in the Budget. The petition was started by a finance professional from Gurgaon, Vaibhav Aggarwal, and nearly 3,000 people have … [Read more...] about Online petition against retirement tax goes viral
Measures for moving towards a pensioned society
Measures for moving towards a pensioned society While presenting the General Budget 2016-17 in Lok Sabha today, the Union Finance Minister Shri Arun Jaitley said that pension schemes offer financial protection to senior citizens. He proposed to make withdrawal up to 40% of the corpus at the time of retirement tax exempt in the case of National Pension Scheme(NPS). In case of … [Read more...] about Measures for moving towards a pensioned society
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