EPFO introduces Online PF Nomination form and to Levy Penal Damages for Delayed Compliance
The month of November saw EPFO taking revolutionary steps to provide hassle free services to its subscribers. For the first time, a provision has been made for EPF members to submit their claim application with their respective EPFO offices without getting the same attested by their employers. This shall prevent harassment of employees by employers and do away with the intervention of employer as regards claim settlement. This facility is UAN based and is available to those members who have seeded their UAN with bank account details and activated their UAN.
Also, UAN based online nomination forms have also been made available for the benefit and convenience of EPF members. Using this facility, an EPF member can file his nomination form online and the same shall be authenticated by the employer using his digital signature and thereafter the nomination details shall be entered into the EPFO’s database.
Delayed payments of contributions payable under the Act & Schemes by the employers attract damages and penal interest as per applicable rates. To make good the loss sustained to the fund because of such delayed remittances, EPFO has introduced software facilitating quicker levying of the damages. The objective is to make sure that the process for slapping penal interest and damages do not get delayed for more than 6 months from the date of such delayed remittance. more
The month of November saw EPFO taking revolutionary steps to provide hassle free services to its subscribers. For the first time, a provision has been made for EPF members to submit their claim application with their respective EPFO offices without getting the same attested by their employers. This shall prevent harassment of employees by employers and do away with the intervention of employer as regards claim settlement. This facility is UAN based and is available to those members who have seeded their UAN with bank account details and activated their UAN.
Also, UAN based online nomination forms have also been made available for the benefit and convenience of EPF members. Using this facility, an EPF member can file his nomination form online and the same shall be authenticated by the employer using his digital signature and thereafter the nomination details shall be entered into the EPFO’s database.
Delayed payments of contributions payable under the Act & Schemes by the employers attract damages and penal interest as per applicable rates. To make good the loss sustained to the fund because of such delayed remittances, EPFO has introduced software facilitating quicker levying of the damages. The objective is to make sure that the process for slapping penal interest and damages do not get delayed for more than 6 months from the date of such delayed remittance. more
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I have updated my Aadhar card and additional bank account on EPFO site. Will this require authorization by my employer or will it be updated by EPFO authorities. Necessary documents have been uploaded. more
Dec 26
Sir i have a query could you please reply , I have not transferred my pf to my current pf account nor i have withdrawn the same for the period of work from apr 2010 to sep 2011, is there any validity of the same or could you please mention the procedure to get the pf money..? more
Dec 23
Dear Mr. Pavan Behl, Please copy paste EPF site given below in Google Search bar: http://www.epfindia.com/site_docs/PDFs/UAN_PDFs/UAN_ForMembers/FAQ-Member-July2015.pdf This link gives Frequently asked questions. You will find answer to your query. more
Dec 23
Dear Mr Mohit I have already uploaded my PAN Card as part of KYC Documents . Can you please let me know how I can upload my Bank Account Details on my UAN site Thanks more
Dec 22
