2 EPF CEILING LIMIT INCREASED TO 15000 FROM 6500 WEF 01.09.2014 NOTIFICATION

MINISTRY OF LABOUR AND EMPLOYMENT 
NOTIFICATION 
New Delhi, the 22nd August, 2014 

G.S.R. 608 (E).—In exercise of the powers conferred by section 5 read with Sub-section(1) of Section 7 of the Employees' Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government hereby-makes the following Scheme, further to amend the Employees' Provident Funds Scheme. 1952, namely:- 

I (1) This Scheme may be called the Employees' Provident Funds (Amendment) Scheme, 2014. 

(2) It shall come into force on and from the Ist day of September, 2014. 

2. In the Employees' Provident Funds Scheme, 1952,- 

(a) in paragraph 2, in clause (1), in sub-clause (ii), for the words "six thousand and five hundred rupees", the words " fifteen thousand rupees" shall be substituted; 

(b) in paragraph 26. in sub- paragraph (6), for the words "six thousand and five hundred rupees'`. the words "fifteen thousand rupees" shall be substituted; 

(c) in paragraph 26A, in sub-paragraph (2), in the proviso, for the words "six thousand and five hundred rupees", wherever they occur, the words "fifteen thousand rupees" shall be substituted. 

[F. No. S-35012/112012-SS.11] 
ARUN KUMAR SINHA. Addl. Secy, 


NOTIFICATION 

New Delhi, the 22nd August, 2014 

509(E),— In exercise of powers conferred by section 6A read with sub-section (1) of section 7 of the Employees' Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government hereby makes the following Scheme further to amend the Employees' Pension Scheme, 1995. namely:— 

I, (1) This Scheme may be called the Employees' Pension (Amendment) Scheme, 2014. 

(2) It shall come into force on and from the Ist day of September, 2014.  

2, In the Employees' Pension Scheme, 1995, (hereinafter referred to as the principal Scheme). in paragraph 3, in  sub-paragraph 2, in the proviso, for the words "rupees six thousand and five hundred", wherever they occur, the words "fifteen thousand rupees" shall be substituted. 

3. In the principal Scheme, in paragraph 6, in clause (a), after the words. figures and letter "or 27A of the 
Employees' Provident Funds Scheme, 1952", the words "and whose pay on such dare is less than or equal to fifteen thousand rupees", shall be inserted. 

4. In the principal Scheme, in paragraph It,- 

(a) for sub-paragraph (1) and the proviso thereto, the following shall be substituted, namely:- 

11) The pensionable salary shall be the average monthly pay drawn in any manner including on piece rale basis during contributory period of service in the span of sixty months preceding the date of exit from the membership of the Pension Fund and the pensionable salary shall be determined on pro-rata basis for the pensionable service up to the Ist day of September, 2014. , subject to a maximum of six thousand and five hundred rupees per month and for the period thereafter at the maximum of fifteen thousand rupees per month: 

Provided that if a member was not in receipt of full pay during the period of sixty months preceding the day he ceased to be the member of the Pension Fund, the average of previous sixty months full pay drawn by him during the period for which contribution to the pension fund was recovered, shall be taken into account as pensionable salary, for calculating pension; 

(b) in sub-paragraph (2), for the figures and word "12 months", wherever they occur, the words -sixty months" shall be substituted; 

(c) in sub-paragraph (3),- 

(i) for the words, letters and figures "rupees six thousand and five hundred/Rs, 6500", the words "fifteen thousand rupees" shall be substituted; 

(ii) the proviso shall be omitted. 

(d) after sub-paragraph (3), the following sub-paragraph shall be inserted, namely:- 

``(4) The existing members as on the Ist day of September, 2014 , who at the option of the employer and employee, had been contributing on salary exceeding six thousand and five hundred rupees per month, may on a fresh option to be exercised jointly by the employer and employee continue to contribute on salary exceeding fifteen thousand rupees per month: 

Provided that the aforesaid members have to contribute at the rate of 1.16 per cent on salary exceeding fifteen thousand rupees as an additional contribution from and out of the contributions payable by the employees for each month under the provisions of the Act or the rules made thereunder: 

Provided further that the fresh option shall be exercised by the member within a period of six months from the Ist day of September, 2014 

Provided also that the period specified in the second proviso may, on sufficient cause being shown by the member, be extended by the Regional Provident Fund Commissioner for a further period not exceeding six months: 

Provided also that if no option is exercised by the member within such period (including the extended period), it shall be deemed that the member has not opted for contribution over wage ceiling and the contributions to the Pension Fund made over the wage ceiling in respect of the member shall be diverted to the Provident Fund account of the member along with interest as declared under the Employees' Provident Fund Scheme from time to time, 

5. In the principal Scheme in paragraph 12, in sub-paragraph (2), the following proviso shall be inserted. namely:- 

"Provided that the members' monthly pension shall be determined on a pro-rata basis for the pensionable service up to the Ist day of September, 2014 at the maximum pensionable salary of six thousand and live hundred rupees per month and for the period thereafter at the maximum pensionable salary of fifteen thousand rupees per month". 

6, in the principal Scheme, for paragraph 14 the following paragraph shall be substituted, namely.- 

"14. Benefits on leaving service before being eligible for monthly member's pension.- if a member has not rendered the eligible service specified in subparagraph t I) of paragraph 12 on the date of exit, or on mining the 58 years of age, whichever is earlier, such member shall be entitled to a withdrawal benefit as laid down in Table 'V or may opt to receive the Scheme certificate provided on the date he has not attained 58 years of age: 

Provided that for calculating such withdrawal benefit, the wages at exit shall be the weighted average of his wages at the end of every wage ceiling period: 

Provided further that an existing member shall receive additional return of contributions for his past service under the Employees' Family Pension Scheme, 1971, computed as withdrawal-cum-retirement benefits as per Table 'A' multiplied by the factor given in Table '8' ". 

Note: The principal Scheme was published in the Gazette of India. Extraordinary, Part II, Section 3, Sub-section (i), vide notification number G.S.R. 748 (E), dated the 16th November, 1995 and last amended vide notification number G.S.R. 80(E) dated the 14th February, 2013.


NOTIFICATION 
New Delhi, the 22nd August, 2014

G.S.R. 610 (E). —In exercise of the powers conferred by nation 6C read with sub-section (1) of section 7 of the Employees' Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government hereby makes the following scheme further to amend the Employees' Deposit-Linked Insurance Scheme,1976, namely:-

1. (l) This Scheme may be called the Employees' Deposit-Linked Insurance (Amendment) Scheme, 2014.

(2) It shall come into force on and from the Ist day of September, 2014. .

2. In the Employees' Deposit-Linked Insurance Scheme, 1976 (hereinafter referred to as the principal S&me), in

paragraph 7, in sub-paragraph (1), for the words "six thousand five hundred rupees", the words "fifteen thousand rupees" shall be substituted.

3. In the principal Scheme, in paragraph 22, in sub-paragraph (3),-

(a) in clause (i), for the words "six thousand five hundred rupees", the words. -fifteen thousand rupees" shall be substituted;

(b) in the Explanation, for the words "rupees six thousand five hundred", the words "fifteen thousand rupees" shall be substituted.

4. In the principal Scheme, in paragraph 22, after sub-paragraph (3), the following sub-paragraph shall be inserted, namely:-

14) The benefit under this Scheme shall be further increased by twenty percent in addition to the benefits admissible under sub-paragraph (1), (2) or (3) of paragraph 22, as the case may be.".



MINISTRY OF LABOUR AND EMPLOYMENT 
NOTIFICATION 
New Delhi, the 19th August, 2014, 

GSA. 593 (E).— In exercise of the powers conferred by section 6A, read with sub-section (1) of section 7 of the Employees' Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government hereby makes the following Scheme further to amend the Employees' Pension Scheme,1995, namely:- 

1. (1) This Scheme may be called the Employees' Pension (Second Amendment) Scheme, 2014, 

(2) It shall come into force on the Ist day of September, 2014.  

In the Employees' Pension Scheme, 1995 (hereinafter referred to as the principal Scheme), in paragraph 12, after sub-paragraph (7), the following sub-paragraph shall be inserted, namely:- 

17A) The monthly member's pension including any relief payable to any existing or future member under this paragraph shall not be less than one thousand rupees for the financial year 2014-15.". 

3. In the principal Scheme, in paragraph 15, for the words, brackets and figures "sub-paragraphs (2) to (5) of paragraph 12, as the case may be,", the word and figures " paragraph i 2" shall be substituted. 

4. In the principal Scheme, in paragraph 1b,- 

(a) in sub-paragraph (2), in clause (a), after sub-clause (iv), the following sub-clause shall be inserted. namely:- 

"(v) in all the cases, where the monthly widow pension including relief, if any, is less than one thousand rupees per month, the amount of monthly widow pension in such cases shall be enhanced to one thousand rupees per month for the financial year 2014-2015."; 

(b) in sub-paragraph (3), for clause (b), the following clause shall be substituted, namely:- 

"(b) Monthly children pension for each child shall be equal to 25 per cent of the amount admissible to the widow of the deceased member as monthly widow pension payable under clause (a) of sub-paragraph (2): 

Provided that the minimum monthly children pension including relief, it' any, for each child of the deceased member shall not be less than two hundred and fifty rupees per month for the financial year 2014-2015."; 

(c) in sub-paragraph (4), for clause (a), the following clause shall be substituted, namely:- 

"(a) if the deceased member is not survived by any widow, but is survived by children falling within the definition of family or if the widow pension is not payable, the children shall be entitled to a monthly orphan pension equal to 75 per cent of the amount of the monthly widow pension as payable under clause (a) of sub-paragraph (2):

Provided that the minimum monthly orphan pension including relief, if any, for each orphan shall not be less than seven hundred and fifty rupees per month for the financial year 2014-15.",

[F. No. 11-15025/312007.SS-11/PUII ARUN KUNIAR SINHA Secy

Foot Note.- The Employees' Pension Scheme, 1995 was published in the Gazette of India vide notification number G.S.R. 748(E), dated the 16th November, 1995 and was lastly amended vide notification number G.S.R. 80(E), dated the 11th February, 2013.

Download Increase in EPF Limit Notifications 
Read more >>

2 Know your UAN (Universal Account number) EPF from old EPF account number

Q.1 What is UAN?

A.1 UAN stands for Universal Account Number. The UAN will act as an umbrella for the multiple Member Ids allotted to an individual by different establishments. The idea is to link multiple  Member Identification Numbers (Member Id) allotted to a single member under single Universal Account Number. This will help the member to view details of all the Member Identification Numbers (Member Id) linked to it. If a member is already allotted Universal Account Number (UAN) then he / she is required to provide the same on joining new establishment to enable the employer to in-turn mark the new allotted Member Identification Number (Member Id) to the already allotted Universal Identification Number (UAN).

Check your UAN (Universal Account number) EPF from old EPF Account  number
Read more >>

4 VERIFY YOUR NAME IN CHALLAN DEPOSITED BY EMPLOYER

The facility will provides you following 
1. Each electronic return (TRRN) wise payments made by the employer since April 2012,
2. Name of the members for whom the electronic
Process is simple as given below.
  1. You have the choice to select one of the option out of the three, namely the Old Region Code, the Office name or the PIN code where the establishment is located.
  2. You can additionally also select and enter the name and the numeric part of the Establishment code number, if the same is known to the visitor. 
  3. on submit button list of  Matching firm will be shown and on each row data as per point 5 will be shown .(if your establishment not shown ,try with other search criteria)
  4. On end of each row payment detail link with Key sign will be shown ,click on link ,in new pop-up monthly details with TRRN and number of person in challan with link will be shown .You can click on link and can check the name detail in challan.
5. The data displayed will be 
a. Code number in old pattern
b. Code number with new Region Code and the Office code.
c. Name of the establishment
d. Address of the establishment as per the current data in EPFO Office database.
e. PIN Code
f. EPFO Office under which the accounts of the establishment are maintained.
g. The name of Regional Office
h. Name of the Additional Central Commissioner having supervisory jurisdiction over the EPFO Office.
i. Payment Details link to display the payments from April 2012
On click of Payment link, a pop up screen will appear. The top part will have the name and establishment code (has been hidden in this screen) and the ECR wise (TRRN-Temporary return reference number) (TRRNs have been hidden) payments.
The names are as per the name entered in that electronic return (ECR).
Advantages of the facility for:
MEMBERS: Can check whether their employer has remitted dues and if yes whether his/her name appears in the list of employees. If yes, then only the e pass book upto that month will be available on the Member Portal.
Employers: Can check whether the remittances made by them has reflected in the list of payments and whether the member pass book against any ECR has been made available. If yes, it will be available for download on login to the employer portal.
Principal Employers: Can check the remittances by their contractor establishments and the names of their contractual employees.
Read more >>

5 EPF ONLINE CHALLAN EPF EMPLOYER E SEWA MUST FORM MARCH 2012


EPFO Launches online receipt of Electronic Challan cum Return (ECR) from the Month of April 2012 (March paid in April). Employers are requested to Register their establishments and create their user id and password through this portal. The registered employers can upload the Electronic Return and the uploaded return data will be displayed through a digitally signed copy in PDF format. It will be available for printing also. Once approved by the employer online Challan will be popped based on uploaded return. The employer may choose to make the payment through internet banking of SBI or take a print out of the Challan and pay at any designated branch of State Bank of India (SBI). 

This facility is mandatory to be adopted not an option facility for subscription March 2012 on-wards.employer registration has already been started from 20.03.2012.


Benefits:

• No paper return to be prepared and submitted to EPFO.
• No need to submit other returns viz Form 5/10/12A,3A and 6A.
• Employers will get the confirmation of payment through SMS instantly. 
• The contribution will be credited to the members' account on monthly basis.
• Employers can view the annual accounts slip for accounting year 2011-12 on line.
• For earlier years employers can request for the annual slips through this portal.

For registration at employer e sewa please Visit link given below


keep your establishment PAN detail with you along with name as given on PAN CARD or income tax data base.Register your EPF employer registration code online now.

Download ECR file format (Revised on 02.04.2012)


Note :Please note that online challan generation is mandatory only.Online payment is not mandatory yet however you can pay online through SBI online payment optionally .
Read more >>

45 KNOW YOUR ESTABLISHMENT CODE ALL OVER INDIA

Please fill your data  to know the balance in your EPF ESTABLISHMENT CODE ,you can check epf balance online ALL OVER INDIA(few cities data not updated yet,check list for details) , upto the date, the accounts are updated, which also includes the latest approved transactions of Settlement/ advances/ transfer-in/ transfer-out, if any.


Leave the extension field blank, in case your account does not have one.

You will be asked to enter your name and mobile number. The given mobile number will be recorded along with the PF Account Number.

On successful submission of above information, the details will be sent through SMS to the given mobile number.
Read more >>

148 KNOW YOUR EPF BALANCE ONLINE ALL OVER INDIA

Please fill your data  to know the balance in your EPF Account ,if you are located in ALL OVER INDIA , upto the date, the accounts are updated, which also includes the latest approved transactions of Settlement/ advances/ transfer-in/ transfer-out, if any.


Leave the extension field blank, in case your account does not have one.

You will be asked to enter your name and mobile number. The given mobile number will be recorded along with the PF Account Number.

On successful submission of above information, the details will be sent through SMS to the given mobile number.
Read more >>

4 VERIFY EPF BALANCE ONLINE AGRA

Please fill your data  to know the balance in your EPF Account ,if you are located in AGRA, upto the date, the accounts are updated, which also includes the latest approved transactions of Settlement/ advances/ transfer-in/ transfer-out, if any.


Leave the extension field blank, in case your account does not have one.

You will be asked to enter your name and mobile number. The given mobile number will be recorded along with the PF Account Number.

On successful submission of above information, the details will be sent through SMS to the given mobile number.
Read more >>
 
EPF BALANCE INDIA © 2012 | Designed by Wordpresstoblogger.info