On Thursday, EPFO ​​has directed its local offices to implement it. EPFO has issued this circular on December 29 to comply with the Supreme Court’s directive. In this circular, information has been given about which employees will get higher pension and how to apply for it online.

Who can get higher pension?

The circular states that only those employees are eligible, who have compulsorily contributed higher wages under the Employees’ Provident Fund (EPF) scheme and opted for higher pension before retirement. But his request was clearly rejected by EPFO.

Employees’ Provident Fund Organization (EPFO) said that the members who had contributed for pension on salary above the salary limit of Rs 5 thousand or Rs 6 thousand 500 and opted for higher pension would be given this benefit.

Who will not get higher pension from EPF

According to the circular, employees after the order of the Supreme Court dated November 4, 2022 will not be eligible under the Higher Pension Scheme. At the same time, the employees who retired before September 1, 2014, without exercising any option, have also been out of its membership. According to the amendment of 2014, only those employees who exercise the option will be given this benefit.

How to apply for higher pension 

If you are eligible to get higher pension then you can apply for pension by visiting the local office. You will also have to carry the completely filled application form and relevant documents along with you. The application form will have to be done according to the method specified by the commissioner. Then verification has to be done. If any mistake is found under the order, the application can also be canceled. In case of adjustment, the pension applicant can get consent.

If in any case money is sent from Provident Fund Trust to EPFO, then the trustee will have to inform about it. The payment along with interest will be deposited in a few days. 

Documents for Higher Pension 

• Proof of option u/s 26(6) of EPF Scheme
• Proof of option u/s 11(3) attested by the employer
• proof of deposit
• Proof of deposit in Pension Fund on salary exceeding the salary limit of Rs.5,000 or Rs.6,500
• Evidence in writing of refusal from APFC or any other 

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What is this circular

According to media report, the CBDT had issued the circular last week. It explains the liability of employers with respect to deduction of tax at source from salary under section 192 of the Income Tax Act, 1961 for the financial year 2022-23. As per section 192, the person responsible for making the payment of salary income must furnish to the payee a statement giving true and complete details of the perquisites or benefits in lieu of salary provided to him and the value thereof.

TDS will have to be deposited this much every month

For example, if someone’s annual income from salary is Rs.6,00,000, then the tax on the total salary including cess, according to the normal rate, becomes Rs.33,800. Calculating tax on Rs 50,000 at the average tax rate of 5.63 per cent works out to Rs 2,815. That is, TDS (TDS) of Rs 235 will have to be deducted every month on this amount.

What is the current income tax slab

Currently, there is no income tax on annual income up to Rs 2.50 lakh. 5 percent income tax has to be paid on income from Rs 2.50 lakh to Rs 5 lakh. 10 percent income tax is applicable on Rs 5 lakh to Rs 7.50 lakh. 15 per cent on annual income from Rs 7,50,001 to Rs 10 lakh, 20 per cent on annual income from Rs 10,00,001 to Rs 12.50 lakh, 25 per cent on annual income from Rs 12,50,001 to Rs 15 lakh and above Rs 15 lakh 30 percent income tax has to be paid on the income of Rs.

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EPFO 5 New Update 2022

On the Unified Member Portal, PF members get the benefit of online services related to their PF account and can do many types of PF related work online while sitting at home. EPFO keeps making various updates on Unified Member Portal from time to time to make its facilities more simple and in the beginning of 2022 we got to see some such new updates on Unified Member Portal, where from Forward Password to If some new changes are seen till the Advance PF claim, then let’s know about those five new updates.

Exemption For PF Passbook And Advance PF Claim Without E-Nomination

Some time back EPFO ​​made e-nomination mandatory for viewing passbook and claiming advance PF. PF members who did not have e-nomination file in their UAN account were not able to view their PF passbook and were not able to claim advance PF under all types of advance para. But the Unified Member Portal of EPFO ​​was not able to work due to overload, in such a situation it was not possible to nominate crores of PF members of the country in a reasonable time, in view of this, EPFO ​​​​without e-nomination to view PF passbook and advance. Exemption has been given in claiming. Now you can view your passbook and submit advance PF claim without filing e-nomination.

Login Made Easy On Unified Member Portal

To login on the Unified Member Portal , one had to enter the captcha code along with the UAN number and password, but EPFO ​​has simplified the login process on the Unified Member Portal. According to the new process, now you can directly login by just entering your UAN number and password, you will not need to enter the captcha code. Apart from this, when you login to the Unified Member Portal, you will get to see a new update, only the UAN number and name will be shown in the member profile, all the other information has been hidden which you will be able to see by clicking on the + plus icon.

Download UAN Card Along With Pension Certificate And Scheme Certificate From Digi Locker DG Locker is a digital medium where you can access and download your various documents. Documents saved in DG Locker are valid everywhere, you do not need to carry physical documents with you. Before Digi locker, only UAN card facility was available but now PF members will be able to download scheme certificate and pension certificate from Digi locker.

No Last Date To File EPF Nomination

There was a competition all over the country regarding EPF e-nomination and everyone was busy in filing their e-nomination, so many such rumors also arose, in which the last date of e-nomination was told, but EPFO ​​did Refuting such reports, it has been told that no last date or deadline has been announced by EPFO ​​to file nomination in PF account.

Covid-19 Claim Is Not Being Settled In 72 Hours

One bad news for PF subscribers at present is that Kovid-19 Advance PF claim is currently not being settled within 72 hours, due to the lockdown in the Corona period 50% stops in PF office, In such difficult times, EPFO ​​made a new ADVANCE PARA of Outbreak of Kovid-19, under which Advance PF claim is automatically settled within 72 hours, but from the beginning of 2022, Kovid-19 Advance PF claim settlement in 72 hours It is not happening, behind which it is being told that there is some problem in the technique of automatic system of EPFO, due to which the claim is not being settled automatically.

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