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HomePersonal FinanceEPFO New Update: Big relief to employers! EPFO extended the last date...

EPFO New Update: Big relief to employers! EPFO extended the last date for submitting details of salary and allowances

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Big relief to employers! The Chairman of the EPFO Board has extended the deadline for employers to submit salary details etc. till 31 December 2023.



EPFO: Employees Provident Fund Organization – Employee Provident Fund Organization (EPFO) has extended the last date for submitting details of salary and allowances for higher pension by three months and employers can now ‘upload’ these details till 31 December 2023. Are. According to the release of the Labor Ministry, the deadline for submitting salary details was ending on September 30. However, it has been increased after suggestions from various employers and employer unions.

Labor Ministry gave statement

According to the statement of the Labor Ministry, this facility for pensioners/members was started on February 26, 2023. Under this, the last date for submitting applications was May 3, 2023. However, later considering the request of the employees, the deadline for submitting applications for higher pension was extended till June 26, 2023. A last chance of 15 days was given to eligible pensioners/members to resolve any issues and under this, the last date for submission of applications for verification of option/joint option to the employees was extended till July 11, 2023. Was.

Last date extended till 31 December 2023

According to the release, several requests were received from employers and employer unions requesting extension of the deadline for uploading salary details of applicant pensioners/members. As of September 29, 2023, 5.52 lakh applications are pending with the employers for verification of these details. The ministry said that this request was considered sympathetically and the Chairman of the EPFO Board has extended the deadline for employers to submit salary details etc. till December 31, 2023.

Earlier, the Employee Provident Fund Organization had launched an online facility to submit applications for verification of option/joint option for pension at higher salary following the order of the High Court dated November 4, 2022. Till July 11, 2023, 17.49 lakh applications have been received from pensioners/members for verification of options.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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