Latest EPF Amendments 2017 Details

Employee Provident Fund Organization (EPFO) has made some useful amendments in the year 2017 which are very helpful to the EPF subscribers, who are contributing to employee provident fund scheme. These latest amendments are not only useful for employees, they are also useful for employers. Here you can get complete details about latest EPF amendments 2017 made by EPPO (Employee Provident Fund Organization).

Latest EPF Amendments 2017

latest epf amendments 2017

Here we are discussing about some major EPF amendments which were made in 2017.

Special Drive To Rejoin Left Out EPF Subscribers : Employee Provident Fund has run a special drive to rejoin left out EPF subscribers in EPF scheme. As per this drive the admin charges of employers are waived.

New EPF Composite Claim Forms : EPFO has introduced new EPF composite claim forms like EPF composite claim form non aadhar and EPF composite claim form Aadhar in place of previous PF form 19 and 10 C. These forms are simple and very useful for EPF subscribers.  By using EPF composite claim form aadhar, EPF subscribers can claim EPF amount with out employer attestation. This is one of the best latest EPF amendments 2017.

Introduction Of New Unified PF Portals : EPFO recently introduced unified EPF portals for both ECR Challan generation and UAN member portal.

EPF Interest Rate Reduced : EPFO has reduced EPF interest rate to 8.65%  from 8.80%.

EPF Member Passbook Site Changed: The UAN member passbook download site was also changed by Employee Provident Fund Organization. Earlier EPF subscribers used to download member passbook statement from UAN member portal. But now download passbook option is not available in UAN member portal. Now members can download EPF passbook at Download EPF Pasbook

EPF Administration Charges Reduced: EPF administration charges reduced to 0.65% from 0.85%.

EDLI Admin Charges Abolished : Employee Deposit Linked Insurance admin charges of 0.01% have abolished. Now there is no need to pay EDLI admin charges.

The above are the latest EPF amendments 2017 and this article will be updated regularly whenever EPFO makes any amendments.

2 thoughts on “Latest EPF Amendments 2017 Details”

Leave a Comment