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EPFO Extends Date Of Filing Of New ECR Up To 22 October 2025
New Delhi: The Employees’ Provident Fund Organisation (EPFO) has decided to extend the date of ECR filing till 22nd October 2025 for the wage month September. The decision was taken considering the request from a number of employers in adapting to new features of the revamped ECR and consequent difficulty in filing returns by the establishments, Ministry of Labour & Employment said.
EPFO had launched revamped Electronic Challan-cum-Return (ECR) system, which is applicable starting wage month September 2025. The revamped system aims to simplify and enhance user experience of the return filing process for employers via the EPFO’s employer portal.
“In order to facilitate smooth transition to the revamped Electronic Challan-cum-Return (ECR) system, the Employees’ Provident Fund Organisation (EPFO) has also undertaken a series of awareness program with employers and industry representatives across the country,” Ministry of Labour & Employment said.
At the central level, EPFO held meetings with major industry bodies including the Federation of Indian Chambers of Commerce and Industry (FICCI) and the PHD Chamber of Commerce and Industry (PHDCCI), Employer Federation of India (EFI) to apprise them of the new features and procedural reforms introduced in the revamped ECR system. The discussions focused on the advantages of the new return filing process, including enhanced data accuracy, sequential return validation, and better compliance facilitation.
In continuation of this outreach, Zonal and Regional Offices of EPFO are also conducting interactive sessions and workshops with employers and establishment representatives. These programs aim to provide on-ground handholding support to establishments and ensure timely and error-free filing of returns under the revamped system.
The supply chain risk designation of the artificial intelligence firm is a first for a US company.
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UniQure needs to run another study to prove that its gene therapy “actually helps people with Huntington’s disease,” a senior U.S. Food and Drug Administration official said on a call with reporters Thursday.
The official, who requested anonymity before discussing sensitive information, confirmed the agency has asked the company to run a placebo controlled trial of its treatment, which is administered directly into the brain. UniQure has said that type of study isn’t ethical because it would require putting people under general anesthesia for hours, a characterization the official disputed.
“So what is really going on? UniQure is the latest company to make a failed therapy for Huntington’s patients,” the official said. “They likely acknowledge or understand at some deep level that their trial failed years ago, and instead of doing the right thing and running the correct clinical study, UniQure is performing a distorted or manipulated comparison in the mind of FDA.”
The comments mark the latest development in a messy public spat between UniQure and the FDA, and as the agency comes under fire for a number of recent drug approval application rejections, including some where companies have accused it of going back on previous guidance. FDA Commissioner Marty Makary in an interview with CNBC’s Becky Quick last week seemingly criticized UniQure’s gene therapy for Huntington’s disease. Makary didn’t name UniQure but described its treatment.
UniQure then accused the FDA of reversing its stance that the company’s clinical trial data would be sufficient to seek approval. UniQure’s study used an outside database to measure how patients with Huntington’s disease might decline without treatment, known as an external control. UniQure has said it wouldn’t be feasible to run a true randomized, double-blind placebo-controlled study, considered the gold standard, because it wouldn’t be ethical to make people undergo a sham hours-long brain surgery.
The FDA official said the agency “never agreed to accept this distorted comparison” and the FDA “never makes such assurances.” Instead, the “FDA will always say, ‘Well, we have to see the data when we get it.'”
UniQure didn’t immediately comment.
The company’s stock rose more than 10% on Thursday and has fallen 58% this year as of Thursday afternoon.
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US mortgage rates rise to 6% after three-week slide as oil-driven bond yields climb – The Times of India
The average long-term US mortgage rate edged higher this week, ending a three-week decline as bond yields rose amid oil-price pressures linked to the war with Iran.The benchmark 30-year fixed mortgage rate increased to 6% from 5.98% last week, mortgage buyer Freddie Mac said on Thursday. A year ago, the average rate stood at 6.63%, AP reported.The modest uptick breaks a three-week slide in borrowing costs, with mortgage rates having hovered close to the 6% mark for most of this year. Last week’s average had marked the first time the rate dipped below 6% since September 2022, reaching its lowest level in nearly three and a half years.Mortgage rates are influenced by several factors, including the Federal Reserve’s interest-rate policy, investor expectations about inflation and economic growth, and movements in the bond market.They typically track the direction of the 10-year US Treasury yield, which lenders use as a benchmark for pricing home loans.The 10-year Treasury yield rose to 4.14% at midday Thursday, up from around 4% a week earlier.Treasury yields have moved higher in recent days as rising oil prices added fresh inflation concerns, potentially complicating the Federal Reserve’s plans to cut interest rates.
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