Dedication of Portability through Universal Account Number (UAN) for Employees Provident Fund

"The minimum pension for employees has been introduced first time so that employees’ pension is not less than Rs. 1000 per month. The wage ceiling has been raised from Rs. 6500 to Rs. 15000 per month to ensure that vulnerable groups are covered under EPF Scheme". Under the scheme complete information for approximately 4 crore subscribers of EPF has been centrally compiled and … [Read more...]

Extension of PPF Scheme to private sector banks – Department of Posts

Department of Posts issued a detailed order including the list of private banks to authorize to transfer of Public Provident Fund accounts from Head Posts Offices to Nationalized Banks... SB ORDER No. 11/2014 F.No.32-01/2014-SB Government of India Ministry of Communications & lT Department of Posts Dak Bhawan, Sansad Marg, New Delhi-110001, Dated: … [Read more...]

Finance Ministry notification regarding revision of maximum limit of subscription in PPF accounts

Revision of maximum limit of subscription in a financial year of Public Provident Fund account shall be Rs.1,50,000 in place of Rs.1,00,000... No. F.No. 113-01/2011-SB Government of India Ministry of Communications & IT Department of Posts Dak Bhawan, Sansad Marg, New Delhi-110001, Dated: 21.08.2014 To All Heads of Circles/Regions Addl. Director General, APS, New … [Read more...]

Simplification of procedure on withdrawals from Provident Fund

Simplification of procedure on withdrawals from Provident Fund Simplification of rules/procedure on withdrawals from Provident Fund by Railway employees GOVERNMENT OF INDIA (BHARAT SARKAR) MINISTRY OF RAILWAYS (RAIL MANTRALAYA) (RAILWAY BOARD) No. F(E)III/2014/PF/3/3 NEW DELHI, Dated: 27.08.2014 The General Secretary, NFIR, 3, Chelmsford Road, New … [Read more...]

Provident Fund Interest Rate 8.75%

Provident Fund Interest Rate 8.75% for 2014-15 EPFO retains interest rate at 8.75% for current fiscal NEW DELHI: Retirement fund body EPFO's trustees on Tuesday decided to retain interest payment on provident fund deposits for 2014-15 at 8.75 per cent. "It has been decided to pay 8.75 per cent interest in the current fiscal," Central Provident Fund Commissioner (CPFC) … [Read more...]

Finmin Orders on Public Provident Fund (Amendment) Scheme, 2014

Finmin Orders on Public Provident Fund (Amendment) Scheme, 2014 [TO 8E PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB SECTION (i)] Government of India Ministry of Finance (Department of Economic Affairs) Notification New Delhi, the 13th August, 2014 G.S.R. (E). - In exercise of the powers conferred by sub-section (4) of section 3 of the … [Read more...]

Shri Narendra Singh Tomar Launches Online PF Code Allotment System

Shri Narendra Singh Tomar Launches Online PF Code Allotment System The Union Minister for Steel, Mines and Labour & Employment, Shri Narendra Singh Tomar has launched the online registration system for allotment of Provident Fund Code Number, which can be used by establishments in New Delhi today. On the occasion, he said that his Government was committed to provide … [Read more...]

Revision of Forms under the General Provident Fund (Central Services) Rules, 1960

Revision of Forms under the General Provident Fund (Central Services) Rules, 1960 and Contributory Provident Fund Rules (India), 1962 - regarding Pensioner Portal Order:- No. 20/4/2014-P&PW(F) Government of India Ministry of Personnel, P.G. & Pensions Department of Pension & Pensioners’ Welfare Lok Nayak Bhawan, Khan Market, New Delhi June 19, 2014 Office … [Read more...]

Enhancement of salary limit of Employees Provident Fund

Enhancement of salary limit of Employees Provident Fund Enhancement of salary limit of Employees Provident Fund is considering to Rs.15000..! While answering to a question in Parliament, Minister of State for Labour and Employment Shri Kodikunnil Suresh said that A proposal for enhancing the wage ceiling from Rs. 6500/- to Rs. 15000/- and reducing the threshold limit from 20 … [Read more...]

Simplification of rules/procedure on withdrawals from Provident Fund by Railway employees-reg.

NFIR National Federation of Indian Railwaymen No.I/3/Pt.I Dated: 25/10/2013 The Secretary (E), Railway Board, NEW DELHI Dear Sir, Sub: Simplification of rules/procedure on withdrawals from Provident Fund by Railway employees-reg. Ref: (i) Railway Board's letter No. F(E)/III 77 PFI/3 dated 27/5/1977. (ii) Rule 925 read with sub rule (3) (a) of RI. … [Read more...]