Govt to scrap EPFO-NPS switch, allow lower PF contribution: Report
Monday, December 9, 2019, 11:28 AM
To boost consumption, the government may increase the take-home salary by giving the option of reducing provident fund(PF) contribution, according to a report. Organized sector employees may soon be permitted to lower their PF contribution, which is currently 12% of the basic salary, the report said. The ministry has also decided not to corporatize the EPFO and Employees' State Insurance Corporation(ESIC), the report said.
EPFO officials launch inquiry into default of TSRTC dues
Tuesday, November 12, 2019, 4:37 PM
The Regional Provident Fund Commissioner here has sought records from the Telangana State Road Transport Corporation (TSRTC) on the dues of employers contribution to the PF, a senior official of the Employees Provident Fund Organisation said on Monday. Though the accounts are maintained separately, the APSRTC Provident Fund Trust is yet to be bifurcated between Andhra Pradesh and Telangana.
Employees Provident fund (EPF) account holders can now generate UAN online
Monday, November 11, 2019, 8:45 AM
Giving more independence to account holders, the Employees' Provident Fund Organisation (EPFO) has now launched a new facility which allows you to generate your universal account number (UAN) online on your own. Earlier, the only option for an EPF account holder was to contact his or her employer who would generate the UAN after getting the relevant forms signed by the employee.