STI NEWS;Monthly Provident Fund statement from FY13:EPFO” plus 1 more

STI NEWS;Monthly Provident Fund statement from FY13:EPFO” plus 1 more

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Monthly Provident Fund statement from FY13:EPFO Posted: 29 Mar 2011 06:20 PM PDT Faced with high defaults in provident fund contributions by employers, the Employees Provident Fund Organisation , or EPFO, has decided to give monthly updates of contributions instead of an annual statement. The EPFO expects this will bring instances of defaults by employers to the notice of workers, who, in turn, will put pressure to demand their dues. The EPFO, which manages retirement... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Issue refunds fast says Finance Ministry to Income Tax department Posted: 29 Mar 2011 06:11 PM PDT Concerned over high interest outgo on tax refund claims, the finance ministry has asked the income tax department to speed up the processing of such claims for the current financial year.The slow processing of tax refund claims has always been a bugbear for the government and taxpayers alike. The backlog has risen steadily over the years. In 2005-06 there were 5.7 lakh refund claims, which has... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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