'Unconstitutional': Karnataka High Court Strikes Down Amendment Extending EPF Scheme To 'International Workers' Without Salary Ceiling Limit
10 months, 2 weeks ago

'Unconstitutional': Karnataka High Court Strikes Down Amendment Extending EPF Scheme To 'International Workers' Without Salary Ceiling Limit

Live Law  

The Karnataka High Court has recently declared as 'unconstitutional' para 83 introduced in the Employees Provident Fund Scheme, 1952 and para 43A in Employees Pension Scheme, 1995, which covered international workers under the scheme irrespective of the salary drawn by them with effect from 01.10.2008. The Union of India, vide notification dated 01.10.2008, introduced para 83 in the EPF Scheme and further para 43A under the Pension Scheme covering international workers with effect from 01.10.2008. "The demand for contribution on global salary i.e., salary earned by an international worker or remuneration received by an international worker from some other country or in home country should also be computed for the purpose of the contribution is on the face of it, arbitrary and hit by Article 14 of the Constitution of India.” It also said that government neither stated whether Indian employees working in non SSA countries are required to contribute their entire pay without statutory limit towards PF of that country. Case Title: Stone Hill Education Foundation AND Union of India & Others Case No: WRIT PETITION No.18486/2012 C/W WRIT PETITION No.11/2012 C/W WRIT PETITION No.1939/2010, WRIT PETITION No.4051/2012, WRIT PETITION No.8545/2012, WRIT PETITION No.9188/2012, WRIT PETITION No.27064/2012, WRIT PETITION No.28000/2012, WRIT PETITION No.36160/2012, WRIT PETITION No.37835/2012, WRIT PETITION No.39016/2012, WRIT PETITION No.39185/2012, WRIT PETITION No.39570/2012, WRIT PETITION No.42364/2012, WRIT PETITION No.45706/2012, WRIT PETITION No.45770/2012, WRIT PETITION No.46029/2012, WRIT PETITION No.47926/2012, WRIT PETITION No.56837/2013, WRIT PETITION No.22507/2015, WRIT PETITION No.15839/2019, WRIT PETITION No.19464/2021, WRIT PETITION No.20560/2012.

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History of this topic

Loading, Maintenance And Pay Loader Workers Not Short Period Employments, Entitled To Provident Fund Under EPF Act: Andhra Pradesh HC
1 day, 1 hour ago

Loading, Maintenance And Pay Loader Workers Not Short Period Employments, Entitled To Provident Fund Under EPF Act: Andhra Pradesh HC

Live Law  

The Andhra Pradesh High Court has held that employees engaged by security agencies for the purposes of loading and unloading, office or factory maintenance and Pay Loader work are covered by the definition of 'employee' under Section 2 of the Employees Provident Funds & Miscellaneous Provisions Act, 1952 and are entitled to the Provident Fund. A Division Bench of the …

Karnataka High Court expresses concern over ‘exploitation of human labour’ by State government
1 month ago

Karnataka High Court expresses concern over ‘exploitation of human labour’ by State government

The Hindu  

Observing that non-regularisation of the service of two daily wage employees, who have been working for the State for the past 32 and 39 years, respectively, will amount to “exploiting human labour”, the High Court of Karnataka has ordered their regularisation from the date when they completed 10 years of service as per the parameters laid down by the apex …

EPF Pension | Kerala HC Restrains EPFO From Reducing Higher Pension Of Petitioners Who Contributed Based On Their Actual Salary
1 month, 3 weeks ago

EPF Pension | Kerala HC Restrains EPFO From Reducing Higher Pension Of Petitioners Who Contributed Based On Their Actual Salary

Live Law  

The Kerala High Court by an interim order directed the Employees Provident Fund Organisation to not reduce the higher pension drawn by certain persons who retired from Travancore Titanium. The Employee Provident Fund Organisation had sent a letter to these employees saying that their pension has been revised as per the pro-rata method of calculation introduced through the 2014 amendment, …

EPFO: Have you not filed wage details yet? Retirement fund body extends date for last time | Check here
3 months, 1 week ago

EPFO: Have you not filed wage details yet? Retirement fund body extends date for last time | Check here

India TV News  

Employees' Provident Fund Organisation - a retirement fund body - extended time till January 31, 2025 for employers to upload wage details etc. Accordingly, the last date for submission of applications was extended to July 11, 2023 and a total of 17.49 lakh applications were received from pensioners/members till July 11, 2023. In view of representations received from Employers and …

Govt may lift cap on EPF contributions in key push for savings scheme
3 months, 3 weeks ago

Govt may lift cap on EPF contributions in key push for savings scheme

Hindustan Times  

The Union government is considering doing away with caps on the share of an employee’s salary contributed towards pension to enable higher deductions by those who want higher retirement payouts, as part of a series of upcoming reforms, a senior labour ministry official said on Thursday. An employer and worker both are required by law to contribute 12% of a …

Empanelment Of Advocates (Hubballi) Vacancy At Employees Provident Fund Organization (EPFO)
4 months, 1 week ago

Empanelment Of Advocates (Hubballi) Vacancy At Employees Provident Fund Organization (EPFO)

Live Law  

Employees' Provident Fund Organisation is a statutory body of the Ministry of Labour & Employment, Government of India, invites application for empanelment of Advocates to represent the Central Board, EPF before various courts, DCDRF and other lower courts under the jurisdiction of Hubballi Zone) for a period of 03 years from the date of issue of order. • However, the …

Direct Tax Weekly Round-Up: 14 To 20 July 2024
8 months ago

Direct Tax Weekly Round-Up: 14 To 20 July 2024

Live Law  

Bombay High Court JAO Cease To Have Jurisdiction To Issue Reassessment Notice Outside Faceless Assessment: Bombay High Court Case Title: Royal Bitumen Private Limited, Mumbai Vs. Assistant Commissioner of Income-Tax The Bombay High Court has held that the Jurisdictional Assessing Officer would cease to have jurisdiction to issue any notice under Section 148A and to take further actions under Section …

Higher PF pension | Employers get five more months to process applications
1 year, 2 months ago

Higher PF pension | Employers get five more months to process applications

The Hindu  

The Employees’ Provident Fund Organisation on Wednesday extended the time for employers for uploading and submitting the joint options of employees to claim higher pension with their wage details online till May 31. The EPFO had started an online facility for submitting applications for validation of option and joint options for pension on higher wages on February 26, 2023 till …

EPF Pension: Delhi High Court Restrains EPFO From Taking Coercive Steps On Basis Of Recovery Notices For Higher Pension
1 year, 9 months ago

EPF Pension: Delhi High Court Restrains EPFO From Taking Coercive Steps On Basis Of Recovery Notices For Higher Pension

Live Law  

The Delhi High Court recently restrained the Employees’ Provident Fund Organisation from taking any coercive steps with respect to the notices issued to various pensioners by it for making recoveries of the differential amount on higher pension received by them from many years. Justice Rekha Palli passed the interim order in the pleas moved by four pensioners who, after their …

Give an opportunity to pre-2014 retirees to avail of higher PF pensions: Kerala MP
1 year, 10 months ago

Give an opportunity to pre-2014 retirees to avail of higher PF pensions: Kerala MP

The Hindu  

The demand to provide an opportunity to those pensioners who came under the Employees’ Pension Scheme of the Employees’ Provident Fund Organisation and retired prior to September 1, 2014, without exercising the joint option to avail themselves of higher PF pensions, has been renewed by John Brittas, Member of Parliament from Kerala. In a seven-page letter sent to the Union …

Extend deadline by 6 months for online submission of consent for higher PF pension: Kerala MP
1 year, 10 months ago

Extend deadline by 6 months for online submission of consent for higher PF pension: Kerala MP

The Hindu  

With the period stipulated by the Employers’ Provident Fund Organisation expiring on Wednesday for sections of employees and pensioners to exercise joint option along with their employers for higher PF pension, the demand has been made by John Brittas, Member of Parliament from Kerala, for extending the deadline by six months. Gupta judgment of the Supreme Court in 2016, Mr. …

Higher pension | EPFO to wait for number of applicants before releasing calculation process
1 year, 10 months ago

Higher pension | EPFO to wait for number of applicants before releasing calculation process

The Hindu  

Even as the last date to file joint options to claim higher Provident Fund pension ends on May 3, the Centre has decided to wait for the total number of applicants before releasing the procedures to calculate the pension and the share of employees. The amendments to the Employees’ Pension Scheme of 1995 to decide the future of the Centre’s …

Minister clears the air over clause restricting persons opting for higher PF pension
1 year, 11 months ago

Minister clears the air over clause restricting persons opting for higher PF pension

The Hindu  

Union Labour Minister Bhupender Yadav on Thursday clarified that employees and pensioners covered under the Employees’ Pension Scheme of 1995, “are not restricted from filing application forms/ joint options,” in the absence of the requirement of permission under paragraph 26 of the Employees’ Provident Fund Scheme, 1952. Replying to a set of questions raised by John Brittas, Communist Party of …

Kerala High Court issues notice to Centre, PF Commissioner on plea against proof for higher contribution
2 years ago

Kerala High Court issues notice to Centre, PF Commissioner on plea against proof for higher contribution

The Hindu  

The Kerala High Court has issued a notice to the Union government and the Regional Provident Fund Commissioner on a writ petition challenging the requirement to furnish proof of having paid higher provident fund contribution under para 26 of the Employees Provident Fund Scheme by the employees for getting higher pension. In a writ petition, Sasheer S. and other 19 …

More than one lakh people opted for higher PF pension, Centre tells Rajya Sabha
2 years ago

More than one lakh people opted for higher PF pension, Centre tells Rajya Sabha

The Hindu  

The Centre on Thursday informed Rajya Sabha that 1,20,279 employees have submitted joint options at the Employees’ Provident Fund Organisation portal for higher pension. Answering a question from Communist Party of India MP John Brittas, Minister of State in Union Labour Ministry Rameswar Teli said the total number of beneficiaries of the Supreme Court judgement on higher PF pension will …

EPF Pension | Kerala High Court Seeks EPFO Response On Plea Challenging Condition To Show Proof Of Giving Higher Pension Option
2 years ago

EPF Pension | Kerala High Court Seeks EPFO Response On Plea Challenging Condition To Show Proof Of Giving Higher Pension Option

Live Law  

A plea has been filed in the Kerala High Court challenging the requirement of submission of proof of having opted for paying higher Provident Fund contribution under paragraph 26 of the Employees Provident Fund Scheme, towards the higher PF pension. Justice Ziyad Rahman A.A., on Wednesday, admitted the plea, and granted time to the EPFO to submit counter affidavit in …

Calcutta High Court Issues Direction On Pension Scheme Further To Supreme Court’s Guidelines In EPF Pension Case
2 years ago

Calcutta High Court Issues Direction On Pension Scheme Further To Supreme Court’s Guidelines In EPF Pension Case

Live Law  

The Calcutta High Court has directed that writ petitioners, who were in service as on 01.09.2014 and were also members of the Employees’ Pension Scheme 1995 shall be entitled to exercise option which shall cover the pre-amended paragraph 11 as also paragraph 11 of EPS 1995. The single bench of Justice Raja Basu Chowdhury directed Indian Oil Corporation Limited to …

EPF Board meet pushed to March 27-28
2 years ago

EPF Board meet pushed to March 27-28

The Hindu  

The government on Monday announced the deferral of a meeting of the Employees’ Provident Fund Organisation board, where it is expected to finalise the EPF rate to be paid on crores of formal sector workers’ retirement savings in its custody for 2022-23. Chaired by Union Labour and Employment Minister Bhupender Yadav, the board of trustees of the EPFO was earlier …

Confusion in opting for higher pension using EPFO link: CITU
2 years ago

Confusion in opting for higher pension using EPFO link: CITU

The Hindu  

Centre of Indian Trade Unions general secretary Tapan Sen has written a letter to Central Provident Fund Commissioner Neelam Shami Rao demanding her immediate intervention to resolve the problems in uploading the higher pension option application on the EPFO website. Higher pension | Eligible EPFO members can apply till May 3 Practical problems The former Rajya Sabha member said pensioners …

EPF Pension : Kerala High Court Restrains EPFO From Reducing Higher Pension Received By Petitioners
2 years ago

EPF Pension : Kerala High Court Restrains EPFO From Reducing Higher Pension Received By Petitioners

Live Law  

The Kerala High Court on Wednesday, while considering the plea moved by persons aggrieved by the abrupt discontinuance or reduction of the pension that was being received by them, directed that the same shall not be curtailed, limited or stopped without specific orders from the Court. The petitioners herein, who are covered under the provisions of the Employees Provident Fund …

EPFO’s plan to review high pension payout cases sparks concern
2 years, 1 month ago

EPFO’s plan to review high pension payout cases sparks concern

The Hindu  

The latest circular by the Employees’ Provident Fund Organisation on reopening cases of higher pension for those who retired prior to September 2014 has evoked concern among sections of such pensioners that they may lose the benefit which they have been enjoying for the past five years or so. The cases of employees who retired prior to September 1, 2014 …

Govt. examining Supreme Court order on employees' pension scheme: Union Minister Rameswar Teli
2 years, 3 months ago

Govt. examining Supreme Court order on employees' pension scheme: Union Minister Rameswar Teli

The Hindu  

The government on Thursday said it was examining a Supreme Court judgement which upheld the Employees' Pension Scheme, 2014 and allowed the employees to opt for enhanced pension coverage alongside their employers, in four months' time. Mr. Teli was replying to a question on whether the government was aware about the Supreme Court verdict of November 4 on EPF pension …

Interview with Labour Minister | SC order on higher pension contribution has many implications, says Bhupender Yadav
2 years, 3 months ago

Interview with Labour Minister | SC order on higher pension contribution has many implications, says Bhupender Yadav

The Hindu  

The 17th Asia and the Pacific Regional Meeting of the International Labour Organisation will be held in Singapore between December 5 and 9. On the recent Supreme Court verdict on the EPFO higher pension, Mr. Yadav said it was being examined by his Ministry. In Singapore, India’s suggestions will include the way to strengthen employment service portals, integration of job …

How the Supreme Court ruling affects your pension payouts
2 years, 4 months ago

How the Supreme Court ruling affects your pension payouts

The Hindu  

Successive governments in India have been trying to wean workers away from defined benefit pension plans, to market-linked ones. Once you join EPF, your employer deducts 12% of your basic pay every month towards the fund, while making a matching contribution. While your 12% contribution goes entirely into your EPF account, 8.33% of your employer’s contribution goes into the EPS, …

Explained: Supreme Court's EPF decision and what it means for you
2 years, 4 months ago

Explained: Supreme Court's EPF decision and what it means for you

Firstpost  

The apex court ruling means Employees Provident Fund Organisation members can now contribute 8.33 per cent of their actual salaries rather than 8.33 per cent of the pensionable salary which was capped at Rs 15,000 per month. The apex court also held that the EPFO cannot ask subscribers for an additional 1.16 per cent of contribution of salary for opting …

Explained | The Supreme Court order on PF pensions
2 years, 4 months ago

Explained | The Supreme Court order on PF pensions

The Hindu  

The story so far: Thousands of working individuals who are eligible for pension under the Employees’ Pension Scheme-1995 of the Employees’ Provident Fund Organisation and those who already draw PF pension have been litigating in various courts for several years, seeking to invoke a provision in the scheme by which pension benefit can be substantially increased. The litigation by employees …

SC Opens 4-month Window for Eligible Employees Under EPS to Opt for Increased Pension
2 years, 4 months ago

SC Opens 4-month Window for Eligible Employees Under EPS to Opt for Increased Pension

News 18  

Eligible employees who had not opted for enhanced pension coverage prior to 2014 can jointly do so with their employers within the next four months after the Supreme Court upheld the Employees’ Pension Scheme, 2014. The court on Friday struck down the requirement in the 2014 amendments mandating employee contribution of 1.16 per cent of the salary exceeding Rs 15,000 …

EPF Pension Case : 2014 Amendment Not Whimsical, Classification Based On Salary Reasonable - Reasons Cited By Supreme Court
2 years, 4 months ago

EPF Pension Case : 2014 Amendment Not Whimsical, Classification Based On Salary Reasonable - Reasons Cited By Supreme Court

Live Law  

In a significant judgment impacting lakhs of workers across the country, the Supreme Court on Friday upheld the Employees' Pension Scheme 2014, which, among other things, capped the maximum salary for joining the EPF Pension Scheme as Rs 15,000 per month with effect from September 1, 2014. As per the 2014 amendment, members whose monthly salary exceeded Rs.15,000/- had to …

Supreme Court upholds notification amending employees pension scheme as ‘legal and valid’
2 years, 4 months ago

Supreme Court upholds notification amending employees pension scheme as ‘legal and valid’

The Hindu  

The Supreme Court on Friday upheld the Employees’ Pension Scheme, 2014 as “legal and valid” while reading down certain provisions of the scheme concerning current members. Lalit came in an appeal filed by the Employees Provident Fund Organisation challenging decisions of the Kerala, Rajasthan and Delhi High Courts quashing the 2014 amendments on “determination of pensionable salary” under the Employees …

All employees can opt for EPFO pension scheme: Supreme Court
2 years, 4 months ago

All employees can opt for EPFO pension scheme: Supreme Court

The Hindu  

The Supreme Court on Friday upheld the Employees’ Pension Scheme, 2014 of the Employees’ Provident Fund Organistion as “legal and valid” while reading down certain provisions. The court struck down a requirement in the 2014 amendments that employees who go beyond the salary threshold should contribute monthly to the pension scheme at the rate of 1.16% of their salary. The …

EPF Pension Case : Highlights Of Crucial Supreme Court Judgment
2 years, 4 months ago

EPF Pension Case : Highlights Of Crucial Supreme Court Judgment

Live Law  

The Supreme Court delivered its crucial judgment in the EPF Pension case which impacts several employees across the country.Here are the highlights of the judgment delivered by a bench comprising Chief Justice of India, Justice Aniruddha Bose and Justice Sudhanshu Dhulia : The provisions of the Employees' Pension Scheme, 2014 are legal and valid. The Supreme Court delivered its crucial …

EPF PENSION CASE-Supreme Court's Crucial Judgement TODAY-LIVE UPDATES
2 years, 4 months ago

EPF PENSION CASE-Supreme Court's Crucial Judgement TODAY-LIVE UPDATES

Live Law  

The Supreme Court will pronounce TODAY the Judgement in appeals filed by the Employees Provident Fund Organization and the Union Government challenging the Kerala, Rajasthan and Delhi High Court judgments which had quashed the Employee's Pension Scheme, 2014.A bench comprising Chief Justice of India Uday Umesh Lalit, Justices Aniruddha Bose and Sudhanshu DhuliaThe Kerala. The Supreme Court will pronounce TODAY …

EPF PENSION CASE-Supreme Court's Crucial Judgement TODAY-LIVE UPDATES
2 years, 4 months ago

EPF PENSION CASE-Supreme Court's Crucial Judgement TODAY-LIVE UPDATES

Live Law  

The Supreme Court will pronounce TODAY the Judgement in appeals filed by the Employees Provident Fund Organization and the Union Government challenging the Kerala, Rajasthan and Delhi High Court judgments which had quashed the Employee's Pension Scheme, 2014.A bench comprising Chief Justice of India Uday Umesh Lalit, Justices Aniruddha Bose and Sudhanshu DhuliaThe Kerala. The Supreme Court will pronounce TODAY …

EPF Pension Case : Supreme Court To Pronounce Verdict On EPFO Appeals Tomorrow
2 years, 4 months ago

EPF Pension Case : Supreme Court To Pronounce Verdict On EPFO Appeals Tomorrow

Live Law  

A 3-judge bench comprising Chief Justice of India Uday Umesh Lalit, Justices Aniruddha Bose and Sudhanshu Dhulia had reserved judgment on August 11 after 6-days of hearing. In 2018, the Kerala High Court, while setting aside the Employee's Pension Scheme, 2014 ], allowed paying pension in proportion to the salary above the threshold limit of Rs 15,000 per month. The …

EPF Pension Case : Supreme Court Verdict On EPFO Appeals Likely To Be Pronounced Next Week
2 years, 4 months ago

EPF Pension Case : Supreme Court Verdict On EPFO Appeals Likely To Be Pronounced Next Week

Live Law  

The Supreme Court is likely to pronounce next week the judgment in the appeals filed by the Employees Provident Fund Organization challenging the Kerala, Rajasthan and Delhi High Court judgments which had quashed the Employee's Pension Scheme, 2014. In 2018, the Kerala High Court, while setting aside the Employee's Pension Scheme, 2014 ], allowed paying pension in proportion to the …

EPF Pension Case : Provident Fund Members Don't Automatically Become Eligible Under EPS, EPFO Tells Supreme Court
2 years, 7 months ago

EPF Pension Case : Provident Fund Members Don't Automatically Become Eligible Under EPS, EPFO Tells Supreme Court

Live Law  

The Employees Provident Fund Organisation on Tuesday told the Supreme Court of India the structure of Employee Provident Fund Scheme and Employee Pension Scheme is entirely different.EPFO, appearing through Senior Advocate Aryama Sundaram made the submission before Justices UU Lalit, Aniruddha Bose and Sudhanshu Dhulia. The Employees Provident Fund Organisation on Tuesday told the Supreme Court of India the structure …

EPFO mulling new pension scheme for formal workers getting over Rs 15,000 basic wage
3 years, 1 month ago

EPFO mulling new pension scheme for formal workers getting over Rs 15,000 basic wage

India TV News  

Retirement fund body EPFO is mulling a new pension product for organised sector workers who are getting basic wages of more than Rs 15,000 per month and are not mandatorily covered under its Employees' Pension Scheme 1995. Thus, it is under active consideration to bring out a new pension product or scheme for those whose monthly basic wages are more …

Scheme Providing Backdoor Entry Into Service Violates Article 16 : Supreme Court On Railways LARGESS Scheme
3 years, 1 month ago

Scheme Providing Backdoor Entry Into Service Violates Article 16 : Supreme Court On Railways LARGESS Scheme

Live Law  

The Supreme Court on Tuesday reiterated that the Liberalized Active Retirement Scheme for Guaranteed Employment for Safety Staff notified by the Railways provides an avenue for backdoor entry into service and is contrary to the mandate of Article 16 which guarantees equal opportunity in matters of public employment.The bench of Justices DY Chandrachud and AS Bopanna. In the judgment dated …

Pensionable salary | EPFO appeal goes to larger Supreme Court Bench
3 years, 7 months ago

Pensionable salary | EPFO appeal goes to larger Supreme Court Bench

The Hindu  

A Division Bench of the Supreme Court on Tuesday referred to a larger Bench an appeal filed by the Employees Provident Fund Organisation challenging a decision of the Kerala High Court, which set aside amendments to “determination of pensionable salary” under the Employees Pension Scheme of 1995 as “ultra vires”. But the amendments said only employees, who were existing EPS …

EPF Pension Case : Supreme Court Refers EPFO Appeals to 3-Judge Bench
3 years, 7 months ago

EPF Pension Case : Supreme Court Refers EPFO Appeals to 3-Judge Bench

Live Law  

A 2-judge bench of the Supreme Court on Tuesday referred to a 3-judge bench the appeals filed by Employees Provident Fund Organization and Union of India, challenging the judgments of various High Courts which quashed the Employee's Pension Scheme, 2014. Senior Advocate C Aryama Sundaram on behalf of the EPFO, doubting the correctness of Supreme Court's 2016 judgment in the …

EPF Pension Case : What Is RC Gupta Case Verdict? Why EPFO Wants It Reconsidered?
3 years, 7 months ago

EPF Pension Case : What Is RC Gupta Case Verdict? Why EPFO Wants It Reconsidered?

Live Law  

The Employees' Provident Funds and Miscellaneous Provisions Act, 1952 was constituted for welfare of employees by way of the institution of provident funds, pension funds and deposit-linked insurance fund for employees in factories and other establishments.Time and again amendments have been made to these funds by the Government by way of new schemes, amendments to existing ones, and issuance. According …

EPF Pension Case : Supreme Court To Hear On August 17 Pleas Against HC Verdicts On Pension Proportionate To Salary
3 years, 7 months ago

EPF Pension Case : Supreme Court To Hear On August 17 Pleas Against HC Verdicts On Pension Proportionate To Salary

Live Law  

The Supreme Court on Thursday adjourned the hearing of a batch of petitions filed by the Union of India and Employees Provident Fund Organisation against the judgments that had held that employees pension could not be capped at Rs 15,000 and that the same should be proportional to the last drawn salary. On February 25, 2021, the division bench of …

An unequal providence: The Hindu Editorial on why the modified PF savings cap discriminates against non-government employees
3 years, 11 months ago

An unequal providence: The Hindu Editorial on why the modified PF savings cap discriminates against non-government employees

The Hindu  

Finance Minister Nirmala Sitharaman has steered through Parliament the Finance Bill of 2021, which includes 127 amendments. Responding to MPs’ concerns on the tax, she said that nearly 93% PF account holders will be covered by the ₹2.5 lakh per year limit, while a mere 1% were abusing the system. Yet, she introduced an amendment doubling the threshold for annual …

Plea Challenging Conditions In Scheme Under The Pradhan Mantri Garib Kalyan Yojna: Supreme Court Directs Petitioner To Approach High Court
4 years, 1 month ago

Plea Challenging Conditions In Scheme Under The Pradhan Mantri Garib Kalyan Yojna: Supreme Court Directs Petitioner To Approach High Court

Live Law  

Supreme Court has on Monday granted liberty to withdraw the plea filed challenging conditions in the government EPF scheme introduced under the Pradhan Mantri Garib Kalyan Yojna that seeks to only benefit employees in establishments with less than 100 employees with 90% or more earning less than Rs. According to the plea, the Central Government had announced Rs.1.70 Lakh Crore …

EPFO pension News: Private sector employees to get higher retirement benefit as SC dismisses plea filed against Kerala HC order
5 years, 11 months ago

EPFO pension News: Private sector employees to get higher retirement benefit as SC dismisses plea filed against Kerala HC order

Firstpost  

The EPFO caps the figure on which contribution is calculated at a maximum of Rs 15,000 per month. The Supreme Court on Monday dismissed the Special Leave Petition filed against a Kerala High Court order that had asked Employees Provident Fund Organisation to provide pension to all private sector retiring employees on the basis of their full salary, a media …

EPF deduction: EPFO to take action against firms for not factoring allowances
6 years ago

EPF deduction: EPFO to take action against firms for not factoring allowances

Live Mint  

New Delhi: After the Supreme Court held that special allowance is part of basic wages for EPF dues computation, retirement fund body EPFO has decided to take a stringent action against those firms which will not take into account such component in PF contributions. "Following the judgement, the EPFO will take stringent action against firms which would not factor in …

Kerala High Court sets aside PF pension changes
6 years, 5 months ago

Kerala High Court sets aside PF pension changes

The Hindu  

A Division Bench of the Kerala High Court on Friday set aside the Employees Pension Scheme ) effecting various changes that have drastically reduced pension eligibility of employees. The amendment also omitted an earlier provision permitting exercise of joint option by the employer and employees to contribute to the pension on salary exceeding ₹6,500 per month from the date of …

Govt to bring employees of apparel, garment and textile sectors under EPFO scheme by bearing 12% of employers’ contribution
6 years, 11 months ago

Govt to bring employees of apparel, garment and textile sectors under EPFO scheme by bearing 12% of employers’ contribution

India TV News  

There is some good news for employees working in apparel, garment and textile sectors who were hitherto not covered under pension scheme of EPFO. The central government has now decided to bring them under the pension scheme by bearing the entire 12 per cent of the basic salary that employers are mandated to make towards pension for the first three …

What ails EPFO’s pension plan?
7 years, 3 months ago

What ails EPFO’s pension plan?

The Hindu  

In 2016, the Supreme Court directed the Employees Provident Fund Organisation to pay higher pension to 12 employees, based on an amendment to pension norms made in 1996. When they did approach the EPFO based on the 1996 amendment, the institution dismissed their claims saying the cut-off day to opt for the higher pension was one month from the date …

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