Wednesday, 26 December 2018

2 Ways to find out your missed or forgotten ESI challan number

Due to some unavoidable situation like power cut or system hang, HR may forget to note down recently generated ESIC challan number. But there is no need to worry about forgotten ESIC challan number, employer can easily find forgotten ESIC challan number online, here is the step by step process…

To retrieve ESIC challan number go esic.in Now in home page click on pay e challan.


Now a new window will open, there enter your establishment ESIC code and captcha appearing on the screen and click on search.



Here you are shown ESIC challan number along with payment details once you fill employer code and captcha. So this is the easiest way to find forgotten ESIC challan number. If you want to make the payment then click on challan number and make the payment 


Thursday, 13 December 2018

Delhi government to whip on minimum wage violators

The Delhi government have launched a 10-day awareness and enforcement drive to implement minimum wages in the city, labour minister Gopal Rai said on Tuesday.The campaign begins on December 10.
As part of the campaign, 10 enforcement teams of the labour department will inspect firms and factories to check if owners are paying government minimum wages, the minister said.
According to the revised pay scale, workers in the unskilled category should get R 14,000 per month, semi-skilled R 15,400 per month and skilled workers Rs 16,962 per month.
“If anyone is found violating rules, the government will initiate action in accordance with the Minimum Wages (Amendment) Act, 2017,” the minister said. The government has issued a helpline number 011-155214 on which complaints can be lodged.

Tuesday, 19 June 2018

Govt went on reducing PF Admin Charges & EDLI Admin Charges waived by EPFO

If sources are to be believed the total expenditure incurred by EPFO in administering the Provident Fund (EPF), EDLI, etc., are met from the Admin/ Inspection charges collected from the employers. PF Admin charges have been further reduced to 0.5% applicable w.e.f. 1 June 2018, subject to a minimum of Rs. 500/ Rs. 75 in the case of functional/ non-functional organisations. Besides, EDLI Admin charges have already been waived w.e.f. 1 Apr. 2017.

S.O. 2011(E).- In exercise of the powers conferred by the Explanation to paragraph 30 read with paragraph 39 of the Employees’ Provident Funds Scheme, 1952, and in supersession of the notification of the Government of India in the Ministry of Labour and Employment published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (ii) vide number S.O. 827(E), dated the 15th March, 2017, except as respects things done or omitted to be done before such supersession, the Central Government, after consulting the Central Board and having regard to the resources of the Employees’ Provident Fund available for meeting its normal administrative expenses, hereby fixes the administrative charges payable by the employer for the purposes of paragraph 30 and sub-paragraph (1) of paragraph 38 of the said Scheme with effect from 1st June, 2018 at 0.50 per cent (zero point five zero per cent.) of the pay as referred to in the said paragraphs subject to a minimum sum of seventy-five rupees per month for every non-functional establishment having no contributory member and five hundred rupees per month per establishment for other establishments.
2. For the removal of doubts, it is hereby notified that nothing contained in this notification shall affect the administrative charges payable in respect of the period up to and inclusive of the 31st May, 2018 in respect of which the notification referred to in paragraph 1 herein shall continue to apply as if the same had not been superseded.

Thursday, 22 March 2018

How To Approve KYC In EPF Without Digital Signature By Using E Sign

there are so many cases where employees KYC details update requests are not getting approval from their employer. Even though the employees are updating their details in UAN member portal, still they are not getting approval. Generally when an employee updates his KYC details then the employer will find those details immediately in their employer PF portal, if they have valid digital signature then they can approve the KYC details requests immediately. But the problem here is some employers aren’t aware of the digital signature, so the employees KYC update requests will remain pending at PF portal. Last year EPFO introduced Aadhar based E Sign to approve the KYC requests of employees, here we know how to approve KYC in  EPF without digital signature by using Aadhar based E sign.

How To Approve KYC In EPF Without Digital Signature

Whatever a digital signature can perform in employer PF portal the same can be performed by E Sign. But the main difference is E Sign doesn’t need any physical hardware like the digital signature.  You know when we use digital signature then we need to connect the digital signature pen drive to the system, and while using digital signature we face so many problems like Java errors etc. When we use E sign then we don’t face all those problems.
Below are the snapshots one can follow and get their kyc approved.




Saturday, 17 March 2018

EDLI Benefits In Case Of Death As Per EDLI Amendment 2018

Majority of the EPF members are not aware of Employee Deposit Linked Insurance which is a part of employee provident fund scheme. Any employee whose monthly basic salary is less than 15000 Rs will eligible for EPF scheme, all the EPF eligible employee will also eligible for Employee Deposit Linked Insurance Scheme(EDLI). The main aim of the EDLI scheme is to provide security to the family members of EPF member in case of any sudden death.  Here you can find complete details on EDLI benefits in case of death as per EDLI amendment 2018.

EDLI Benefits In Case Of Death As Per EDLI Amendment 2018:

Earlier every EPF member has a life coverage of minimum 150000 Rs and maximum of 600000Rs. Bue according to the latest EDLI amendment 2018 which was made on 15 February 2018 the minimum life coverage of EPF member has increased to 250000. This amendment will be in force for next 2 years from 15 Feb 2018. It is a good news for all the EPF members.

How To Calculate EDLI Benefits

The calculation EDLI amount will be done by taking the average basic salary + DA of EPF member for last 12months preceding the date of death, that average basic wage will be multiplied by 30. For this amount, 50% of PF balance amount in preceding 12 months from the date of death is added.  If an employee doesn’t have 12months contribution and he has only 8 months service, then 50% of those 8 months PF balance will be added.
Example: If an employee monthly average basic + DA is 8000 Rs for preceding 12 months from the date of death then
8000*30 = 240000 Rs
And if he a has a PF amount of 70000 Rs in his account, then 50% of 70000 = 35000 Rs. This amount will be added to the above 240000 Rs.
 So total he will be covered for 240000+35000 = 275000 Rs
Here the covered amount is more than 250000 so there is no problem, if it is less than 250000, for example if it is 190000 Rs then as per this latest EPF amendment scheme that EPF member will be covered for 250000 Rs. So it is beneficial for EPF members who are getting less monthly basic wage + DA.
The maximum life coverage of EPF member under EDLI scheme is 600000 Rs.

Monday, 12 February 2018

EDLIS : Insurance benefit to PRIVATE sector Staff

Employees’ Deposit Linked Insurance scheme provides for a lump sum payment to the insured’s nominated beneficiary in the event of death due to natural causes, illness or accident
Retirement body Employees Organisation (EPFO) on Wednesday substantially increased the maximum amount assured under its Employees' Deposit Linked Scheme (EDLI) to Rs 6 lakh from the existing Rs 3.6 lakh.
The decision, taken at the 208th Central Board of Trustees (CBT) meeting in Hyderabad, will benefit 40 million contributing members of the 
"In a major decision, the Central Board of Trustees under the chairmanship of Bandaru Dattatreya, Union Minister for Labour & Employment enhanced the benefits under the Employees Deposit Linked Scheme 1976 admissible to dependants of EPF members from the present maximum of Rs 360,000 to Rs 600,000. This will benefit 4 crore EPF contributing members," said a press statement from the Union labour ministry.
The release mentioned last year the government paid around Rs 180 crore to about 30,000 beneficiaries.
In another major relief, the trustees also decided to remove the condition of continuous employment of one year under current employer before being eligible for benefits.At present, only subscribers who have worked for one year continuously in the same organisation is eligible for the cover.
The nominee of the subscriber gets 20 times of average wage drawn during the past 12 months with 20% bonus on it. This means, on a wage ceiling of Rs 15,000 every month, the maximum amount assured works out to be Rs 3.6 lakh.
The trustees approved an incentive scheme for employers to seed (UAN) with Know Your Customer (KYC) documents.For instance, an employer can claim 10% refund of administrative charges paid during the quarter if the establishment provides Aadhar card details of 80% employees, bank details of all the employees and PAN card detail wherever applicable. This will become operational from October 1 for one year.
At present, employers pay 0.65% of employees' monthly basic salary towards administrative fee.

Tuesday, 9 January 2018

Approve Employee EPF Basic Details Modification Request By Employer

organization has recently made a provision to correct employee basic details like name, date of birth, Aadhar number, and gender at UAN member portal. This is really a great relief for the EPF members and also for employers. Earlier EPF members used to submit PF joint declaration form manually to their regional EPF office. But now there is no need to submit EPF joint declaration form. Once EPF member corrects their basic details then their employer has to approve them in their employer portal. Here you can know how to approve employee EPF basic details modification request in employer PF porta
l.
To Correct employee basic details in UAN member portal:


Now in new page employer can find pending requests. Here employer can find requests made by the EPF members, If the employer finds everything is correct then click on approve otherwise mention the remarks and click on reject.
Once employer approves the basic details modification request of the EPF member then the request will proceed to the regional EPF office. Now it will take minimum 15 days to approve the request made by the employer to correct basic details of EPF member.
In the meantime, the employer can also check the status of EPF members basic details modification request by typing UAN number of the employee. This option is available on the same page where pending requests are appearing.

How EPF Member Get EPF Amount After PF Claim Settled Payment Sent Via online

One can learn here complete details on what is the meaning of PF Claim Settled Payment Sent Via NEFT or PF claim approved payment under process. Have you applied for PF claim and you submitted your EPF withdrawal forms to your regional EPFO office or you have applied for EPF claim online at unified member portal. After 5-10 days you can check your claim status at EPFO website, and if your claim forms here you can know the status of your claim i.e on which date your EPF claim forms are received by EPFO and whether your EPF claim is under process or rejected etc.If you have given correct information then EPF claim will get settled within 10-15 days and the maximum time for EPF settlement is 30 days. Once your claim was settled then you will get the following message at PF portal




Way out for UAN Name Correction Online Including DOB, Gender & Aadhaar Number

Here is a good news for you, now all the EPF members can correct their basic details like UAN name, date of birth, gender and Aadhaar number in online at UAN member portal. Earlier EPF members need to fill and submit EPF composite claim form to their regional EPFO office. But there is no need to fill EPF composite claim form. Now you can correct your EPF details online. Here is a step by step guide on how to do UAN name correction online or EPF name correction online.

UAN Name Correction Online

The same UAN name correction online process will be used to do UAN date of birth correction online, and also for gender and Aadhaar number correction. In order to do EPF name correction online go to UAN member portal and log in with your UAN number and password.
 In order to correct your PF details online you must enter your details as they are printed on your Aadhaar card. If your Aadhaar details are not correct then you have to correct those details in your nearest Aadhaar enrollment centre.