Reduction in Administrative Costs Reduction in Administrative Costs           EDLI Administrative cost - Kept in Abeyance Each month PF Department collects from employers FOUR  components. A - Contribution towards a Corpus Fund. The contribution is the aggregate of Employee and Employers share. B - Contributions towards a Pension Scheme C - Insurance Premia for a Deposit...
Employees who wish to claim their PF contributions after resignation or on retirement were expected to affix a Re 1 Revenue Stamp in the respective PF Forms like Form 19 and Form 10C. In recent years, it is observed that in many states, Revenue Stamps sold at Post Offices...
As the PF UAN website has been facing glitches for the last few months, leaving employees with no access to their PF balances, the Department has made available the passbooks The employee has to use UAN portal login details for accessing the PF Passbook. As of now, employees can only download...
Brief Description of VAT (Value Added Tax)   A VAT is a Multi-Stage tax levied at each stage of the value addition chain, with a provision to allow an input tax credit on tax paid at an earlier stage, which can be appropriated against the VAT liability on the subsequent sale Registration...
Employees Provident Fund Organization has extended PF Amnesty Scheme till June 30, 2017. This was earlier operational up to March 31, 2017. All other terms and conditions remain the same. Employers are encouraged to take advantage of the extension and come forward to extend the Provident fund benefits for hitherto un enrolled...