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Frequently Asked Questions Reduction in statutory rate of EPF contribution from to Union Fi...
FM Nirmala Sitharaman Press Conference On the second day, FM Sitharaman said the announcements will...
Union Finance Minister Nirmala Sitharaman announced details for the total Rs lakh crore stimulus ...
The Centre Government plans to merge Coal Mines Provident Fund Organisation (CMPFO) with the Employees’ Provident Fund Organisation (EPFO), as a large asset-liability mismatch is imminent in the CMPFO’s pension fund. The Coal Mines Provident Fund Organisation has been entrusted with the responsibility of administering the Coal Mines Provident Fund and Miscellaneous Provision Act, 1948, […]
The Aurangabad bench of the High Court of Bombay said since Maharashtra has partially lifted the lockdown in some industrial areas, workers would be expected to report for duty, but if they voluntarily remain absent, the management would be at liberty to deduct wages. A Single-Judge Bench of Ravindra Ghuge said this while hearing a […]
The Centre has issued a fresh set of guidelines for the Lockdown 2,0, which list a number of relaxations that will come into force post-April 20. The government has said that it will allow agriculture, construction, Information Technology, industrial units in the SEZs and rural areas to function if they follow lockdown guidelines to a […]
EPFO and ESIC have been advised to collate the data on job losses and wage cuts. As soon as information is collated a report can be introduced to the Prime Minister’s Office (PMO). This labour ministry initiative comes as stressed economic situation has raised fears of widespread layoffs/salary reductions in India’s organized sector and in […]
Employees’ Provident Fund Organisation has extended the date of filing Electronic Challan Cum Return (ECR) for wage month March 2020 extended up to 15.05.2020 from 15.04.2020, The EPFO also decided to waive off any interest liability and penalty in this extended period. This would give some relief to employers stuck with closed establishments following a nationwide […]
The country is dealing with a very challenging situation due to COVID-19 Pandemic. Many establishments are temporarily closed and workers are unable to work. In line with the relief measures being extended by Government to business entities and workers, Employees’ State Insurance Corporation (ESIC) has undertaken following relief measures for its stakeholders specially Employers and […]
The labour ministry on 10th April, Friday notified the special scheme wherein the government will contribute 24% of the employee and employer provident fund share per month for three months to PF accounts of employees earning less than Rs 15,000 to tide over the impact of Covid-19 on small establishments. “EPFO puts in place Online […]
Government extends the validity of Medical Benefit Cards under ESIC till June 30, 2020 The validity of Medical Benefit Cards issued to the IPs who ceased to be in Insurable Employment due to Permanent Disablement or, to retired IPs who couldn’t pay the advance contribution due to COVID-19 pandemic, has been allowed to avail medical […]
The Labour Ministry has allowed over 6 crore subscribers of retirement fund body EPFO to withdraw an amount not exceeding their three months basic pay and dearness allowance from their EPF account in view of the lockdown to fight COVID-19. Besides, Employees’ Provident Fund Organisation (EPFO) also introduced an online claim settlement facility without manual […]
On the second day of the 21-day lockdown due to Coronavirus outbreak, Finance Minister Nirmala Sitharaman announced an economic relief package that lays out various schemes to provide cash and free ration. The government also relaxed the rules for withdrawal of funds from the Employees’ Provident Fund (EPF) account. Relaxation in the EPF withdrawal rules. […]
The Government of India is working on measures and packages to provide relief to subscribers and employers in the organized sector as the Covid-19 outbreak shuts factories and offices, takes a toll on jobs and impacts livelihoods. These measures include- Waiving off the penalties on late provident fund deposits by employers. Doubling of the minimum pension to […]
In view of Government of India guidelines to contain spreading of COVID-19, Employees’ Provident Fund Organization (EPFO) advises it members, pensioners and employers to avail various online services offered by EPFO, from the comfort of their homes, and to avoid visiting EPFO offices. Most of the services of EPFO are available online. An employee can […]
