Govt announces reward for developing toys fostering learning & child development (See 'Corp Brief') Misc - Case under Negotiable Instrument Act, can't be transferred from one place to another for lack of jurisdiction u/s 406 of CrPC: SC (See 'Legal Desk') Space Technology revolutionizes governance, agriculture & Defence: MoS (See 'Corp Brief') PC Act - Anticipatory bail should only be granted in exceptional cases where there is prima facie indication of false implication or frivolous allegations: SC (See 'Legal Desk') Department of Fisheries hosts Fisheries Startup Conclave 2.0 in Hyderabad (See 'Corp Brief') PMLA - High Court can't direct ED to register ECIR only based on its prima facie finding on predicate offence: SC (See 'Legal Desk') Mandaviya joins in unique Cycle Rally to mark International Women's Day (See 'Corp Brief') Trade Marks Act 1999 - new Trade Mark identical to existing RAPIDO trade mark, warrants cancellation, as it seeks to dishonestly exploit goodwill & reputation of existing Trade Mark holder: HC (See 'Legal Desk') IBC - Section 95 application filed by Respondent No.1 Bank is valid: NCLAT (See 'Legal Desk') CERT-In releases 'Cyber Security Handbook for Mahila Suraksha' booklet (See 'Corp Brief') Ministry of Tourism participated in ITB Berlin 2025 (See 'Corp Brief') Misc - Appellate Courts shall specify time limit for depositing balance sale consideration, as required in Order XX Rule 12A of CPC, in case of specific performance involving sale/ lease of immovable property: SC (See 'Legal Desk') India's AI Revolution (See 'Corp Brief') IBC - Proviso to Sec 61(2) of IBC allows for maximum extension of 15 days in filing of appeal, if sufficient cause is shown: SC (See 'Legal Desk') WTO experts underscore key insights on trade policy and industrial policy linkages (See 'Corp Brief') IBC - Gratuity dues are statutorily protected under Payment of Gratuity Act, and do not form part of liquidation estate of Corporate Debtor under the Insolvency and Bankruptcy Code: HC (See 'Legal Desk') IPR - Infringment of trademark and trade dress calls for permanent injunction: HC (See 'Legal Desk') IBC - Commercial wisdom of CoC to distribute amount under Resolution Plan based on security interest of respective financial creditors, can't be interfered if provisions are duly complied with: NCLAT (See 'Legal Desk') Labour Secy speaks on improving Female Workforce Participation in India (See 'Corp Brief') Mandaviya to inaugurate Office Complex of Zonal Office Telangana (See 'Corp Brief') IBC - Interim moratorium u/s 96 of Insolvency and Bankruptcy Code does not apply to penalty proceedings u/s 27 of Consumer Protection Act: SC (See 'Legal Desk') Global South is driving climate agenda: Yadav (See 'Corp Brief') Broadband connectivity will be provided to all Govt Secondary Schools: PM (See 'Corp Brief') Misc - Only directors responsible for day-to-day affairs and business operations of company, can be made liable for company's default: SC (See 'Legal Desk') CCI okays acquisition of certain shareholding of Schott Poonawalla by TPG Scion (See 'Corp Brief') Misc - Neither partner nor his legal heirs would have exclusive right over firm's property after partner's death or retirement, except share in profit in proportion to contribution made in partnership firm: SC (See 'Legal Desk') CCI approves acquisition of up to 72.8% shareholding of Orient Cement by Ambuja Cements (See 'Corp Brief') Companies Act - There is no reason to register offence u/s 447 of Act of 2013, especially, when allegations and material collected do disclose that main allegations are relating to period when Sec 447 had no application: HC (See 'Legal Desk') CCI approves acquisition of equity of PSP Projects by Adani Infra (See 'Corp Brief') A&C - Scope of interference by Court with arbitral award u/s 34 is very limited, and can't travel beyond to determine whether award is good or bad: HC (See 'Legal Desk') Integrated IT dashboard to streamline flow of ECI information and services (See 'Corp Brief') IPR - If defendants have no real prospect of successfully defending claims in suit, it is fit case where summary judgment in terms of Order XIII-A of CPC can be passed in favour of plaintiffs: HC (See 'Legal Desk') PM appreciates Japan's strong commitment to 'Make in India' (See 'Corp Brief') SEBI - Non-supply of legible copies of documents is such issue which may deprive appellants of ability to defend its case properly: SAFEMA (See 'Legal Desk') CCI okays acquisition by Alpha Wave of 12.44% shareholding in Advanta Enterprises (See 'Corp Brief') Misc - Complaint filed by borrower against bank was not maintainable under Consumer Protection Act as it is pure business-to-business transaction for commercial purpose: SC (See 'Legal Desk')

Print

EPFO urges employers to upload wage details till 31st Jan, 2025

Published: Dec 19, 2024

By TIOLCorplaws News Service

NEW DELHI, DEC 19, 2024: AN online facility was made available by EPFO for submitting Applications for Validation of Options/Joint Options for pension on higher wages. The facility was for eligible pensioners/members in compliance with the Hon'ble Supreme Court order dated 04.11.2022. The facility was launched on 26.02.2023 and was to remain available only till 03.05.2023. However, considering the representations of the employees, the time limit was extended to 26.06.2023 in order to provide a complete four months time to eligible pensioners/members for filing applications.

A last opportunity of 15 days was further given to remove any difficulty faced by the eligible pensioners/members. Accordingly, the last date for submission of Applications for Validation of Option / Joint Options by employees was extended to 11.07.2023 and a total of 17.49 lakh Applications for Validation of Option / Joint Options were received from pensioners/members till 11.07.2023.

In view of representations received from Employers & Employers' Associations wherein requests were made to extend the time period for uploading wage details of applicant pensioners/members, the employers were given multiple opportunities to submit wage details etc. online till 30.09.2023, again till 31.12.2023 and thereafter till 31.05.2024 to ensure that employers are able to process the applications.

In spite of so many extensions, it has been observed that more than 3.1 lakh Applications for Validation of Options / Joint Options are still pending with employers. Many representations have also been received from Employers & Employers' Associations wherein requests have been made to extend further time period for uploading wage details of applicant pensioners/members.

Therefore, a final opportunity is being given to the employers till 31.01.2025 to ensure that employers process and upload these pending Applications for Validation of Option / Joint Options.

Employers are also requested to submit replies/update the information by 15.01.2025, in over 4.66 Lakh cases where EPFO has sought additional information/ clarification in respect of applications that have been received and examined by EPFO.

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
tioltube
taxindiaonline
A Taxongo Website. Copyright © 2016-2022 tiolcorplaws.com All rights reserved.