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Why is my EPS claim rejected due to wrong joining date, despite 14 years of service?

Milind Vadjikar |1197 Answers |Ask -Follow

Insurance, Stocks, MF, PF Expert - Answered on Feb 12, 2025

Milind Vadjikar is an independent MF distributor registered with Association of Mutual Funds in India (AMFI) and a retirement financial planning advisor registered with Pension Fund Regulatory and Development Authority (PFRDA).
He has a mechanical engineering degree from Government Engineering College, Sambhajinagar, and an MBA in international business from the Symbiosis Institute of Business Management, Pune.
With over 16 years of experience in stock investments, and over six year experience in investment guidance and support, he believes that balanced asset allocation and goal-focused disciplined investing is the key to achieving investor goals.... more

Question by PRESANNAN on Feb 02, 2025Hindi

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My question is regarding to eps pension I have completed 14 year service the same company 3 pf account .asper our co norms 55 years was my retirement ie 30.05.2020 but my retirement was given 30.11 2020.and given reappointment from 02.12.2020 and pf and epf deducted and deposited uptpo 31.05.2021 old pf account. 01.06.2021 onwards a new account opend and all amount transferred to new account My contract perod end 30.11.2022. I withdraw my pf account. Now I applied eps claim rejecting due to Joining date wrong as contribution current Co. Pl advice your help Thanks 2 my

Ans: Hello;

You may change your service record in EPFO system through your current or previous employer after furnishing all documentary proofs substantiating your claim.

Best wishes;

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.

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Sir i have applied for my pf withdrawal but its getting rejected because while joining on form 11 i have mistakely ticked no for pension scheme know claim status say why eps contribution was not deducted. my company is saying this mistake is happened from your end not our end. please provide me the solution. will i'll be able to withdraw amount or not?? how to rectify mistake

Ans: Hello;

You have a unique problem hence I recommend you to seek advice from a lawyer specializing in labour laws.

All the best;

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Question by guru - Nov 16, 2024Hindi

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I have worked in 2 company's, at 1 company they remitted eps even though am not eligible for pension scheme becouse of higher wages, second company also contributed to eps, by submitting nesesary documents i withdrawn both epf and eps amount from both the accounts, now the problem is, if I started a new job in a company how can I approach the company to not contribute on eps, what if contribution was made again because of eps account? Please help me ????

Ans: Hello;

You can talk to the HR team of your new employer and discuss these aspects. Submit a written request over mail/letter, if need be.

Check with you peers in the new establishment.

Such errors are not expected from professional organisations.

Best wishes;

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Question by PRESANNAN - Feb 06, 2025Hindi

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Sir, I worked a company 14 yrs 3 different pf Account under 1 UAN [01_02-2008 to 30.09.2014] (01.+ 01 10.2014 to 30.11.2020] Asper company norms 55 yrs was retirement. Co rejoined me oñ 02.12.2020 to 30.11.2022 on contact bais and pf deducted and deposited 31.05.2021 to old Pf account. 01.06.2021 new account started and old account balance transfer to new account. My total Ncp Days 130 Days. Now epfo department rejecting my pension claim Date of joining wrong Asper contributon deducted. Kind your advice in the matter. Regards

Ans: Hello;

You may update your service record through your current employer based on documentary proofs to substantiate your claim.

If the employer doesn't co-operate or this doesn't work you may raise grievance at EPFiGMS portal.

Best wishes;

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Dear Sir, my Q is If there's no/ zero tax below 12 income then why 5% & 10% applied / proposed for 4-8 lacs & 8-12 lacs, slabs, respectively ❓ Sir, how many types of incomes exist for tax purpose , other than Salary income ❓ Can you please list all Or give me a weblink to know all types of taxed incomes & non taxed incomes sources ❓ Regards

Ans: Tax is calculated as per slab rate prescribed under both regimes and once tax calculation is done, there is a concept of rebate which is deducted from tax liability.

Accordingly, if taxpayers opt for a new tax regime, tax on 12 lacs of income will be 60000 and rebate will be 60000. Thus, tax liability will be Zero.

Please note that rebate is not available on special rate income like short term capital gain on equity shares which is taxable at 20%, long term capital gain on equity shares is taxable at 12.5%.

You can calculate tax liability, using advance income tax calculator available at following link:

https://eportal.incometax.gov.in/iec/foservices/#/TaxCalc/calculator

You can read more about new and old tax regime at following link:

https://incometaxindia.gov.in/booklets%20%20pamphlets/3-new-tax-regime-vs-old-tax-regime.pdf

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Hi Mihir, What would be tax calculation under new tax regime...CTC 21.5 lacs...taxable income showing to be 18.2 lacs...how much would be monthly reduction in tax. Thanks

Ans: Considering taxable income of 18.2 lacs, under new tax regime gross tax liability will be Rs.1,70,560.

You can calculate tax liability, using advance income tax calculator available at following link:

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Ans: Selection of tax regime will decide tax liability and depending on eligibility of amount of deduction/exemption, tax liability will be calculated.

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Why there is always so confusion in the budget when it comes to Income Tax rates? Will you please guide on the new norm of No Income Tax upto Rs 12 Lakhs...Thanks

Ans: Tax is calculated as per slab rate prescribed under both regime and once tax calculation is done, there is a concept of rebate which is deducted from tax liability.

Accordingly, if taxpayer opt for new tax regime, tax on 12 lacs of income will be 60000 and rebate will be 60000. Thus, tax liability will be Zero.

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Question by Hardik - Feb 06, 2025

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We are a Private Limited Company with an employee strength of 60, and we strictly follow all PF rules. As per the applicable salary criteria, we contribute to the Provident Fund wherever required. Recently, we discovered that an employee who joined our company two years ago has an existing UAN linked to their Aadhaar. However, at the time of joining, the employee declared in Form 11 that they did not have a PF account. Based on this declaration, we did not contribute to their PF account. Now, the employee states that they were unaware of their PF account, and the UAN linked to their Aadhaar is currently inactive. Furthermore, they do not wish to activate their PF account. Given this situation, should we present Form 11 as valid proof for non-contribution, or are there any corrective actions required to comply with PF regulations? Kindly guide us on the appropriate steps to take in this matter.

Ans: Hello;

If the organisation is such that EPFO laws are applicable and if employee 's salary is as per the threshold given by EPFO (15 K basic +DA) then you don't have an option to avoid EPF.

The EPFO commissioner may issue your organisation a show cause notice as to why the form-11 submitted by the employee was not scrutinized thoroughly when it was submitted.

You may furnish joint declaration in the prescribed format to correct the mistake in form 11 and deposit all employer employee contributions till date with penalty as decided by the EPF Commissioner.

Actually such willful suppression of facts by the employee, which bring the employer into legal issues, deserves termination.

Seek advice from a lawyer specializing in labour and EPF laws, if required.

Best wishes;

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Question by Prakash - Feb 01, 2025

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my CTC is 17 lacs what will be my income tax in both regimes

Ans: Selection of tax regime depends of eligibility of amount of deduction and exemption. Considering income of 17lacs, When amount of deductions/exemption cross 6,50,000; old scheme is likely to be beneficial for the tax payer.

You can calculate tax liability, using advance income tax calculator available at following link:

https://eportal.incometax.gov.in/iec/foservices/#/TaxCalc/calculator

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Hi Mihir My CTC is around 40 lakh. Could you please advise which tax regime is good for me Thanks

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You can calculate tax liability, using advance income tax calculator available at following link:

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Question by Kanwaljit - Mar 14, 2025

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Hi Sir, I had worked in a Pharma company since 1990 till 2004 with all the PF and Pension fund contributions paid. However I subsequently changed the organisation and a new PF no was allocated alongwith UAN No which I left in the year 2013. I do have a Scheme Certificate from the previous company but no UAN No (as the UAN nos came subsequently) and the older PF account has an erroneous DOB for which Y am persuing the previous employer. Now I wish to club the two PF accounts together. How to go about. Please guide and enlighten. Thanks and Regards Kanwaljit Singh

Ans: Hello;

You first need to correct your DOB in previous pf account by submitting a joint declaration(in the prescribed format) with your previous employer to the assigned EPFO office.

After clearing this you need to activate your UAN online on EPFO portal.

Once your UAN is activated you can merge all your previous pf accounts under the same UAN online through the EPFO member portal.

Best wishes;

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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