There should be a rule for employers to remit only their share in respect of workers with earnings less than a threshold limit like 2,000 or so. It would improve compliance. Low wage earners do not want deduction from their earnings since even 12 % is too high an amount to lose for them from their earnings. more
Its very foolish to ask such querry. Minimum wages nowards for unskilled labour is above Rs. 6000/-, how you could assume workers are earning lower wages. Please do not post such foolish questions. more
This kind of fascist thinking is quite unbecoming of a democratic set up like ours.If the employee is not willing for PF contribution,then it should be waived irrespective of lower or upper limits. more
I fail to understand how will such low income & consequently low PF deduction occur & remain undetected at the PF office. It seems the PF office is not allowed to take cognizance of the MINIMUM WAGES ACT. In fact their minimum cut off should be fixed automatically by this ACT. The right arm does not know what the left arm is doing. Strange! 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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