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Payroll Management

Blog categorized as Payroll Management

EPF Certificate of Coverage for working abroad
If you are going to a foreign country for a from your company for a short duration(onsite) then you should you do with EPF account? Do you withdraw from EPF account? Secondly, when you work in a foreign country you might be required to contribute to their social security scheme.
22 Mar 2023 12:25:28 - Comment(s)
EPFO Contribution reduced from 12% to 10%
The Employees' Provident Fund Organisation (EPFO), via its official Twitter handle released a set of FAQs related to the announcement reduction of EPF contribution from 12 per cent to 10 per cent for both employers and employees.
15 Jun 2021 13:50:46 - Comment(s)
EPF Withdrawal - Procedure for Online EPF Withdrawal
The Government of India will pay the employer and employee contribution to EPF account of employees for another three months from June to August 2020. The benefit is for establishments with up to 100 employees and where 90% of those employees draw a salary of less than Rs 15,000 per month.
13 Aug 2020 15:36:39 - Comment(s)
EPF Withdrawal - Online EPF Withdrawal Procedure
EPF (Employees’ Provident Fund), also referred to as PF (Provident Fund), is a mandatory savings cum retirement scheme for employees of an eligible organisation. This fund is intended to be a corpus on which the employees can fall back on in their retired life.
04 May 2020 19:43:30 - Comment(s)
EPFO settles claims to ease Covid-19
"Employees Provident Fund Organisation (EPFO) has processed about 137,000 claims across the country disbursing an amount of Rs 279.65 crore under a new provision especially formulated by amending the EPF Scheme to help subscribers fight Covid-19," a labour ministry statement said.
14 Apr 2020 23:49:40 - Comment(s)