The Employees’ Provident Fund Organisation (EPFO) on June 03, 2020 has issued guidelines on preventive measures to contain the spread of COVID-19 as per directions given by Ministry of Home Affairs issued on May 30, 2020. The lockdown will remain in force in all containment zones and will be demarcated after consultation with Ministry ofContinue reading “EPFO issues guidelines on preventive measures to contain the spread of COVID-19”
Tag Archives: EPFO UPDATES
EPFO issues circular for settlement of death claims on priority basis in case of industrial accidents
The Employees Provident Fund Organisation (EPFO) on July 17, 2020 has issued a circular for settlement of death claims on priority basis in events of industrial accidents etc. It has been stated by the organisation that immediate actions shall be taken in such events and the concerned RPFC must take immediate action for the same.Continue reading “EPFO issues circular for settlement of death claims on priority basis in case of industrial accidents”
MoLE amends Schedule II of the Notification regarding exemption to certain establishments from the first proviso of the section 6
The Ministry of Labour and Employment (MoLE) on May 18, 2020, amends the Schedule II of the Notification dated April 09, 2020 regarding exemption to certain establishments from the first proviso of the section 6 of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952, which specifies the amount to be contributed by the employers and employeesContinue reading “MoLE amends Schedule II of the Notification regarding exemption to certain establishments from the first proviso of the section 6”
EPFO extends the validity period of PMGKY package for credit of employer’s and employee’s contribution
The Employees Provident Fund Organisation on July 14, 2020 has decided to extend the validity period of Scheme for implementation of PMGKY package for credit of employer’s and employee’s contributions (24% of wages) by Government of India. The government has decided to pay 24 percent of monthly wages under the PMGKY scheme for three monthsContinue reading “EPFO extends the validity period of PMGKY package for credit of employer’s and employee’s contribution”
EPFO issues circular for settlement of death claims on priority basis in case of industrial accidents
The Employees Provident Fund Organisation (EPFO) on July 17, 2020 has issued a circular for settlement of death claims on priority basis in events of industrial accidents etc. It has been stated by the organisation that immediate actions shall be taken in such events and the concerned RPFC must take immediate action for the same.Continue reading “EPFO issues circular for settlement of death claims on priority basis in case of industrial accidents”
EPFO revises the rate of interest for the Employees’ Provident Fund members account for the year 2018-2019
The Employees’ Provident Fund Organisation (EPFO) on September 27, 2019, issues Circular in order to revise the rate of interest for the Employees’ Provident Fund members to credit interest at 8.65% for the year of 2018-2019 to the account of each member of the EPF Scheme under the Employees’ Provident Fund Scheme, 1952. [Circular No. Invest.I/3(2)133/ROI/2018-19/5519] GetContinue reading “EPFO revises the rate of interest for the Employees’ Provident Fund members account for the year 2018-2019”
EPFO Board approves withdrawal of 75% of Funds after Cessation of Employment
The Employees Provident Fund Organisation, vide Press Release dated June 27, 2018, has approved the proposal for provisioning Advance from the fund to a member who ceases to be in employment for a continuous period not less than one month. Under this proposal a member can avail 75% of the total fund (including employee asContinue reading “EPFO Board approves withdrawal of 75% of Funds after Cessation of Employment”
ESIC issues provisions of prompt medical services to be provided to ESI beneficiaries under COVID pandemic
The Employee State Insurance Corporation (ESIC) on June 11, 2020, issues provisions for prompt medical services to ESI patients at all the ESIC hospitals during the COVID-19 pandemic. It was observed that some of the hospital were not admitting the patients and were further directing them to a different hospital adding up to the miseryContinue reading “ESIC issues provisions of prompt medical services to be provided to ESI beneficiaries under COVID pandemic”
ESIC adopts the circular regarding extension of validity of CGHS in view of the Corona Virus
The Employees’ State Insurance Corporation (ESIC) on June 04, 2020, adopts the circular regarding extension of validity of Central Government Health Scheme Cards (CGHS) in view of the Covid-19 infection that is issued by the Ministry of Health and Family Welfare (MoHFW). According to the Circular: In case of pensioner beneficiaries whose CGHS cards areContinue reading “ESIC adopts the circular regarding extension of validity of CGHS in view of the Corona Virus”
EPFO implements the PMGKY package for Employee and Employer contribution for three months
The Employees’ Provident Fund Organisation (EPFO) on April 10, 2020, implement the Pradhan Mantri Garib Kalyan Yojana (PMGKY) for credit of employer’s and employee’s contributions (24% of wages) for three months. As per the PMGKY package, EPFO will pay 24% of the monthly wages into EPF account for next three months of Wage earners belowContinue reading “EPFO implements the PMGKY package for Employee and Employer contribution for three months”
Adnan's Legal & Regulatory Blog 