It is mainly the implementation part of the gratuity and PPF system of deductions from the salary and contribution by the employers in the trade and industry that is causing the hardship to the employees. There is great expectation from the BJP government at the Centre on resolving the issues here. more
Yes Gandhiji,for an amount of Rs. 3 lakhs as gratuity entitlement , pay Rs. 2lakhs as legal/court expenses.And shuttle between lawyer, court and your house for atleast next 4-10 years.Many private limited companies are paying substantial amount as salaries in cash. Hence you are again deprived of a substantial amount in benefits. more
Gratuity act should be amended to make it payable on YEARLY BASIS as against 5 years condition. Employees do leave org. For genuine reasons but loose money on account of non-receipt of gratuity. All benefits should be on Yearly basis. more
EPFO has now allowed subscribers to go beyond the pensionable salary capped at Rs 15,000 a month on which employers deduct a sum equal to 8.33% of the ‘actual basic salary’ towards pens...
Dear Respectable Members, I am not sure what guidelines OR procedures to get higher pension from EPF/EPS. I am having only News paper information, that is 6th May 2023 as last date to su...
After recent retirement, I had applied for full PF-amount-release, which was subsequently shown as settled. On the EPF Portal, it shows as - "Your Claim [ Claim Id - xxx ] has been Settled. P...
Earlier I applied form 10D offline at RPFO cuddapah (AP) for pension claim on superannuation. There was no response for verification of scheme certificate for about 3yrs. Finally I could get verif...
On Monday, EPFO announced that all the eligible members of the provident fund body can now opt and apply jointly with their employers for higher pensions till May 3, 2023. Earlier, the deadline for...
MORE IMPORTANT IS RULE, APPLIED ON US FOR LATE PAYMENTS. EPFO ,LOOKS LIKE AN ADMINISTRATIVE INSTITUTION, NOT SERVICE SECTOR. THEY SHOULD PAY. WE SUFFER FOR LATE PAYMENT.THEY CARE FOR NONE.EVEN BAN...
When a payment for advance tax is made late, we have to pay a penal interest to the government. Here EPFO has delayed interest credit by 11 months. Shouldn't they be liable to...
Hi my friend has been working in a multinational company for the last 12 years in Gurgaon. His PF account was created by the company however when my friend checked the details, his surname was ment...
I am 57 yrs and quit my organization, in Oct'2022, having worked there for 12 years. Employer deposited final PF contribution on 11-Nov'2022. As per rules, I wanted to withdraw my PF aft...
By Indrajit Mukherjee
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