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ajjoshi
1

What exactly amendment Employees' Provident Funds (Fifth Amendment) Scheme, 2014. has been made can anybody brief it
From India, Mumbai
korgaonkar k a
2556

Dear Ajjoshi,
Para 60 of the EPF scheme 1952 deals with interest.
By this amendment, sub para (6) is inserted in this para 60 which says that when an application for settlement of claim is received in respect of inoperative account and there is a delay for more than 30 days from the receipt of such application then interest is payable in the inoperative account. This interest is payable for delayed period beyond 30 days in accordance with sub para (2).

From India, Mumbai
amdprasad
Dear Learned friends,
In a private employment (Organized sector) and if the Salary (As per EPF definition) is above Rs. 15000 Pm, what are the compulsory retirement benefits payable by the employer. Pl provide source of Information also


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