MYSTERIOUS: Epfo - You Need To See This

Mansukh Mandaviya rolls out EPFO services on WhatsApp, starts auto-settlement of small inoperative accounts

Union Labour & Employment Minister Mansukh Mandaviya launched EPFO services through WhatsApp for easier access. Subscribers can check their PF balance and transaction history conveniently using this platform. The automatic settlement for inoperative EPF accounts was also introduced, streamlining the process for beneficiaries. In total, around one lakh accounts will…

The Economic Times · 1h ago

EPS-95 pension row: Retirees challenge 2007 EPF amendment over lower pension; Karnataka HC rules against them

The Karnataka High Court ruled against retired employees challenging amendments to the Employees' Pension Scheme, 1995. The court found the government's power to amend the scheme was legitimate and did not violate vested rights. Retired employees argued that their pension entitlements were reduced by the 2007 amendments. The EPFO clarified…

The Economic Times · Oct 27

EPFO Vishwas 2026 scheme: How penalty on employer for late PF contributions can be cut from 37% a year to 1% a month

Under the EPFO's VISHWAS, 2026 scheme, employers can settle delayed PF contribution penalties at reduced rates. This scheme allows penalties to be lowered from 37% per year to 1% per month based on the delay.

The Economic Times · Oct 22

EPS pension benefit: Basic salary up to Rs 25,000 but no employer EPS contribution? Here’s where to complain

Employees participating in the Employees’ Pension Scheme (EPS) should verify that their employers are making necessary contributions. Should an employer neglect these payments, employees are advised to first reach out to their Human Resource department. If the issue persists, complaints can be filed via the EPFiGMS portal, enabling users to…

The Economic Times · Oct 2

EPS pension: Basic pay above Rs 25,000? Why you may not qualify for EPS membership

The Employees' Provident Fund Organisation has introduced updated guidelines concerning EPS membership for workers. Employers are obligated to verify the wages and prior EPS membership status of new hires. Employees earning Rs 25,000 or less must be enrolled in EPS, while others have distinct criteria. Accurate deductions are vital for…

The Economic Times · Oct 1

How EPFO wage ceiling reset will change PF contribution math

The Employees' Provident Fund Organisation has changed the mandatory wage ceiling from Rs 15,000 to Rs 25,000 as of September 17. This shift is expected to enroll one crore more workers into the social security net. Employees earning up to Rs 25,000 will now have a mandatory PF contribution of…

The Economic Times · Sep 27

EPF wage ceiling raised to Rs 25,000: When will higher EPF deductions appear in your salary slip?

Starting September 2026, a major shift in the EPFO wage ceiling will raise the limit from Rs 15,000 to Rs 25,000 monthly. This increase will have different effects on various employees, especially those accustomed to the old ceiling as their deductions will change. Employers could face delays in updating their…

The Economic Times · Sep 25

New bounce in EPFO trampoline: How the wage ceiling revision will change things

Social security, like a trampoline, not only catches you but also enables you to bounce back. The system's core is to provide workers with a fund to draw from in times of emergency or at retirement, so that a temporary crisis doesn't become a lifelong hardship and trap them in…

The Economic Times · Sep 23

Higher EPS pension: Ruling party MP urges PM Modi to ensure uniform, time-bound implementation

BJP Rajya Sabha MP Ajeet Madhavrao Gopchade has urged Prime Minister Narendra Modi to intervene in pending higher EPS pension issues. He highlighted procedural hurdles under Para 26(6), continuing litigation, pending Parliamentary Assurance No. 271/72, financial sustainability concerns and differing pension treatment among trust employees. He sought uniform implementation, faster…

The Economic Times · Sep 19

EPF wage ceiling: SC says plea needs no further hearing as Cabinet raises limit to Rs 25,000

A plea concerning the Employees Provident Fund wage ceiling was dismissed by the Supreme Court. The Cabinet's recent decision to raise this ceiling to Rs 25,000 monthly is set to bolster savings and pension safeguards for an additional workforce. This change is projected to positively impact over fifty lakh employees,…

The Economic Times · Sep 18