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Absorption of J & K Employees Provident Fund Organization in Central Employees Provident Fund Organisation

Contents News/Article Date:23rd October 2023

Relating to which Act: The Employees Provident Funds & Miscellaneous Provisions Act, 1952;           

Penalty under the Act: Whoever, for the purpose of avoiding any payment to be made by himself under this Act [the Scheme, the [Pension] Scheme] or the Insurance Scheme] or of enabling any other person to avoid such payment knowingly makes or causes to be made any false statement or false representation shall be punishable with imprisonment for a term which may extend to one year, or with a fine of five thousand rupees, or with both].

Applicable to which State: J & K

Type: Ministry of Labour & Employment, Government of India, EPFO Office Order No. HRM – II / (VII) / 1 / 19 / 2019 / J&K&Ladakh / Pt.3 / 1488 dated 23rd October 2023 issued by Additional Central PF Commissioner (HQ – HR)

Pertains to: Employees of J & K EPFO

Relevance of this news: Karma Global is in the business of HR Services, Payroll, Outsourcing and Regulatory Compliances right from its inception in 2004 and since then, has brought in a lot of efficiencies and technological upgradations with experts on its roll, to ease the hassles of Payroll Processing, Temp Staffing, On-boarding, Employee Life Cycle, Statutory, Regulatory and Payroll compliances by providing customized solutions to all its elite clients.

Now Karma Global has also been fully in labour compliance for nearly 18 years and is helping both establishments and workers for fulfilment of obligations as per the laws of the land.  It has over 200 staff, both direct and indirect on its rolls and operates on pan India basis.  Recently, it has diversified into foreign shores as well, into countries like the US, UK, UAE, Canada, Philippines, and Asia for handling payroll, outsourcing, recruitment and governance.

And in the current instance

Absorption of employees opted to join central EPFO, approved and the officials whose names are listed are absorbed in central EPFO with immediate effect

Subject: Absorption of J & K Employees Provident Fund Organisation in Central Employees Provident Fund Organisation

Attached is the notification

PF Absorption-of-JK_emp-1488

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