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Employee Provident Fund Tag

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The Employee’s Provident Fund Organisation of India (EPFO) has released version v2.0 of the PF ECR (Electronic Challan cum Return) which needs to be used effective immediately. The older version of the PF ECR is no longer accepted on the EPFO portal. The updated PF ECR requires the employer to enter Gross wages as well as PF wages. This could have important & far reaching implications. In...

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Important decisions have been taken at the 208th Central Board of Trustees (CBT) meeting in Hyderabad, will benefit 40 million contributing members of the EPFO. "In a major decision, the Central Board of Trustees under the chairmanship of Bandaru Dattatreya, Union Minister for Labour & Employment enhanced the benefits under the Employees Deposit Linked Scheme 1976 admissible to dependents of EPF members from the present maximum...

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