Aadhar Seeding time extended to 3 class of establishments
The EPFO has extended the time granted for Aadhar seeding of UAN of EPF members to 01 October 2021 and 31 December 20201 subject to certain conditions.
The EPFO in its previous circular had mandated the UAN generation based on Aadhar information for filing ECR.
Many employers organisations, and employers represented before the authorities concerned and thereafter the EPFO extended the time limit to 01.09.2021.
Now, EPFO has further extended the time limit to 01 October 2021 subject to the following conditions:
In the North-Eastern Zone, time for mandatory seeding of Aadhar in UAN for filing ECR is extended till 31 December 2021.
For certain class of establishments such as Beedi making, Building and Construction and Plantation industries, (Tea, Coffee,Cardamom, Pepper, Jute, Rubber, Cinchona, Cashewnuts etc.) time for mandatory seeding of Aadhar in UAN for filing ECR is extended till 31 December 2021.
For areas and establishments other than above, delay in filing of ECRs for wage months of August and September 2021 only in respect of EPF members due to non-seeding of Aadhar in the UANs should not be presumed as employer’s default for levy of penal damages u/s 14B of the EPF & MP Act, 1952.
Establishments who are yet to complete the exercise of seeding Aadhar with UAN of EPF members registered prior to 01.10.2017 are advised to complete the exercise without further delay.
The CBDT through the Income-tax (25th Amendment) Rules, 2021 has provided the calculation of taxable interest relating to contribution in a provident fund or recognised provided fund, exceeding specified limit. This Amendment will come into force from 01 April 2022.
EPFO relieves employers for Dues deposit delay, ECR filing for May 2021
31 Aug, 2021
EPFO has directed its field offices not to presume Employers default with respect to the delay in filing of ECRs for the month of May, 2021 which are statutorily due on or before 15th June 2021 on account of non-seeding of Aadhar with the UANs and to appreciate each case in its own facts under section 14B of the PF Act.
EPFO Notifies Employer Guidelines For Rectification Of Details For KYC Update Of Members
26 Aug, 2021
In case of employers filing incorrect details of their member employees with EPFO, such employees find it difficult to fill in their KYC online.
In order to rectify the incorrect filing, EPFO has provided a detailed process to the employers that can be completed online and offline based the type and number of errors along with submission of certain supporting documents.
Filing of E-nomination under Bharat Ka Amrut Mahotasav (BKAM)
30 Jul, 2021
The EPFO has circulated a letter directing all its field offices to make all efforts maximizing the number of E-nominations filed on a weekly basis. A campaign may also be launched for all EPF members to create awareness of the benefits of this online facility.
Aatmanirbhar Wage Subsidy Scheme via EPFO extended till 31 March 2022
28 Jun, 2021
The Aatmanirbhar Bharat Rozgar Yojana (ABRY) scheme launched on 01 October 2020 has been extended till 31 March 2022. The Government has launched the ABRY scheme last year to incentivise employers for creating new employment and restoration of employment loss through EPFO.
EPF, Pension, EDLI security benefits to children of COVID victims
24 Jun, 2021
EPFO has requested all employers to submit/forward the list of employees of their organisation who have lost their lives due to the COVID -19 pandemic disease in prescribed format to provide the applicable social security benefits to the surviving dependants.
Karnataka High Court orders emergent notice to UOI and EPFO on mandatory Aadhar seeding
17 Jun, 2021
The Hon’ble High Court of Karnataka being convinced on the practical difficulties faced by the employers and employees for seeding the Aadhar details with EPFO. After hearing the petitioner’s submissions, it has issued an emergent notice to the respondents – Union of India & EPFO.
Centre amends the Employees’ Deposit-Linked Insurance (Amendment) Scheme, 2021
29 Apr, 2021
The Central Government has revised the Employees’ Deposit-Linked Insurance (EDLI) Scheme to increase the monetary benefits to the claimants. On death of an employee, claimants are eligible up to 7 lakhs of assurance benefit.