Hello
67results for ""
This will give more time to employers to link their employees Aadhaar number with PF accounts or UAN in the northeastern states and certain industries having less penetration of Aadhaar in UANs.
The Central Board of Direct Taxes (CBDT) on Wednesday notified rules for calculating taxable interest in provident fund.
The two-member Bench expressed the view that it would be better if the matter was heard by a three-member Bench.
The programme involves payment of the EPFO contribution for a newly-appointed employee with a monthly salary of less than Rs 15,000 as government subsidy for the first two years.
Earlier last year, the Employees' Provident Fund Organisation had allowed its members to withdraw COVID-19 advance to meet exigencies due to the pandemic.
There were speculations that the EPFO would lower interest on provident fund deposits for this fiscal (2020-21) from 8.5 per cent given in 2019-20 in view of more withdrawals and lesser contribution by members amid the coronavirus pandemic.
In a meeting with the representatives of employers the other day, the government authorities hinted about increasing the existing upper salary cap for the PF pension from Rs 15,000 to Rs 21,000.
The Kerala government has issued an order increasing the social security and welfare pensions from Rs 1,400 to Rs 1,500 from this month.
A large number of members of the Employees Provident Fund Organisation (EPFO) would be able to see their updated EPF accounts with credit of 8.5 per cent rate of interest for 2019-20.
As the left government in Kerala supported the strike, almost all the government offices remained closed and vehicles were off the road. Most of the shops and business establishments remained shut.