It is mainly the implementation part of the gratuity and PPF system of deductions from the salary and contribution by the employers in the trade and industry that is causing the hardship to the employees. There is great expectation from the BJP government at the Centre on resolving the issues here. more
Yes Gandhiji,for an amount of Rs. 3 lakhs as gratuity entitlement , pay Rs. 2lakhs as legal/court expenses.And shuttle between lawyer, court and your house for atleast next 4-10 years.Many private limited companies are paying substantial amount as salaries in cash. Hence you are again deprived of a substantial amount in benefits. more
Gratuity act should be amended to make it payable on YEARLY BASIS as against 5 years condition. Employees do leave org. For genuine reasons but loose money on account of non-receipt of gratuity. All benefits should be on Yearly basis. more
In a groundbreaking leap for modern financial freedom, the Employees’ Provident Fund Organisation (EPFO) has announced that, starting 2025, its 7 crore members will finally be able to withdra...
withdraw your money regularly for your marriage, health expenses to parents, children's education etc. Don't keep your money there. Some of the other members are right. The makkari and c...
One of our employees father cant seem to withdraw his EPFO funds. His words to the team today: EPFO is not for your welfare. It's a forced investment into govt. securities. J...
Isn't this large scale cheating? Interest on EPF is actually credited almost a year after its due. EPFO maintains a corpus of Rs. 21.3 trillion (2022-23 data). If it delays cre...
Employee Provident Fund (EPF) was started in 1952. It was a provision in lieu of the government's inability to provide social security to the working class on retirement, and was thus kept tax...
More than 10 years in Govt, these guys are not able to solve issues related to EPFO websites and late interest payment 1. Interest for year 23-24 which should have been credited by 31st ...
I suggest @LocalCircles admin run a survey to gauge the sentiment of public w.r.t EPFO in terms of trust/integrity, efficiency, transparency and ease of use.
A well placed family member wrote this yesterday Had always opted out of EPF all my life, till my current employer didn't budge on that request. Thank fully probably will los...
A person with stage IV cancer has 19 lakh stuck with EPF. What a pathetic and heartless system have we created? EPF is nothing but a tyranny inflicted on salaried people by babus and politicians. I...
EPFO should consider shutting down and allowing us to transfer our accumulated EPF corpus to NPS. It's taken 6 months to merge my brother’s old EPF because a DA clerk was transferred, and the...
By Satvik Singh
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