What is HRA | HRA Calculation | Tax Claim
House Rent Allowance, or commonly known as HRA, is an amount which is paid by employers to employees as a part of their salaries. This is basically done as it…
The interest relating to contribution in a provident fund
The notification issued by department of revenue (CBDT) dated 31st August 2021, the interest relating to contribution in a provident fund, exceeding specified limit of Rs.2.5 Lakh shall be part of…
What is Gross Salary | Explanation | Calculation
Salary is an amount paid to an employee in return for his/her work as specified in the job offer or service contract. But one must understand the various parts of…
Procedure for Surrender / Closure of EPFO and ESIC account by a company
The PF and the ESIC registration can be cancelled but can only be surrendered for its permanent closure. You need to apply before the ESIC and PF Commissioner from where…
EPFO Portals Not Working
EPFO internal working software update matter, It is week time now that EPFO is trying to modify and upgrade the internal accounting working software. It is learnt that when initially…
EPFO New Updates and Changes
EPFO New Updates and Changes (TDS, EDLI Family Benefits, E-nomination, PF Interest transfer) TDS Deduction Reduced Talking about the change in PF rules, on February 1, 2023, while presenting the…
JOINT DECLARATION UNDER PARA 26(6) | EPF Higher Pension
The claimants shall have to upload the option exercised by them under paragraph 26(6) of the EPF scheme. The proof of remittance of the employer’s share in PF on higher…
Composite Claim Form in PF Member Death Cases
The EPFO introduced common composite death claim form in place of previous PF death Claim forms like 10 D, 5 IF and Form 20. Now a single page composite death…
EPF Composite Claim Form Aadhar & Non Aadhar
EPF Composite Claim Form (Aadhaar and Non-Aadhaar) is a composite or combined claim form that has replaced Claim Form No. 19 (UAN), 10C (UAN) and 31 (UAN) and Form No.…
PF Contribution under section 6 not payable on CTC
The Employers in today’s world give the breakup of the outgoings under different heads as CTC in the appointment letter issued to new employee. CTC is the total cost, generally…
