Tag: EPFO
8.15% interest rate on EPF deposits for 2022-23: EPFO
From 8.5 per cent in 2020-21, the Employees’ Provident Fund Organisation (EPFO) had lowered the interest rate to 8.1 per cent in 2022. Now,...
EPFO’s renewed deadline announced by Labour Ministry
The Employees’ Provident Fund Organisation (EPFO) has been taking various measures to improve the pension benefits received by its subscribers. It recently introduced a...
Is EPFO demanding too many documents for claim of higher pension?
With the Employees’ Provident Fund Organisation (EPFO) requiring pensioners to submit several documents and proofs in order to claim higher pension, it is believed...
EPFO issues circular regarding higher pension claim
A circular has come from the Employees’ Provident Fund Organisation (EPFO) to all regional offices along with instructions on how to implement the Supreme...
EPFO may amend pension scheme
The Ministry of Labour and the Employees’ Provident Fund Organisation (EPFO) are planning to re-examine the Employee Pension Scheme (EPS) so that it becomes...
EPFO adds over 12 Lakh net members in October 2022 -EPFO...
The EPFO provisional payroll data released by the Labour Ministry on 20 Dec 2022 shows an increase of 12.94 lakh members in the month...
Will wage ceiling for EPFO’s retirement saving scheme be revised?
As per media reports, there is a likelihood of the Government revising the wage limit for the retirement saving scheme of the Employees’ Provident...
EPFO adds 16.82 lakh net members in Sept. 2022
As per the provisional data released by the Employees’ Provident Fund Organisation (EPFO), 16.82 lakh net members have been added to EPFO in September...
Deadline for joining EPF pension scheme extended by SC
The Supreme Court ruled that employees will be given six more months to opt to join the Employees’ Pension Scheme if they haven’t already...
EPFO facilitates digital submission of pensioners’ life certificates
As per the latest guidelines issued by the Employees’ Provident Fund Organisation (EPFO), pensioners covered under the pension scheme (EPS) can now submit their...
More men re-enter workforce than women: Data
After leaving job or quitting work, it appears that more men re-join the workforce than women. According to the National Statistical Office’s payroll data,...
Air India staff to get social security benefits under EPFO
Following the privatisation of Air India, its employees have now been covered under the Employees' Provident Fund & Miscellaneous Provisions Act 1952, starting December...
EPFO approves centralised system of money transfer without EPF account change
Employees’ Provident Fund Organisation's (EPFO) Central Board of Trustees (CBT) has approved the development of a centralised IT- enabled system by C-DAC, which will...
Air India to shift PF accounts to EPFO before ownership transfer
Air India will shift its employees’ provident fund accounts to the Employees’ Provident Fund Office (EPFO) before the ownership of the Airline is transferred....
6 crore EPF subscribers to get interest soon
The Employees’ Provident Fund Organisation (EPFO) has communicated through a tweet that it will soon credit the interest of 8.5 per cent, in full,...
EPFO adds 9 lakh subscribers, 21.77% enrolments are women
Owing to the various initiatives by the Government and the Employees’ Provident Fund Organisation (EPFO), there was a rise in the number of EPFO...
Aadhaar-verify employees’ PF accounts: EPFO to employers
Starting June 1, all employers will be responsible for ensuring that their employees’ provident fund (PF) accounts are linked with their Aadhaar. Unless and...
EPFO’s new feature to keep tab on contractors’ claims
Employees’ Provident Fund Organisation (EPFO) has launched a new feature with the help of which principal employers can now check the compliances of those...
Govt offers relief on ESIC contribution, may do so for EPFO...
As many manufacturing units have been forced to shut down their operations, the Indian government has decided to extend a helping hand to India...
EPFO’s electronic facility to link principal employers with contract staff
Principal employers can now easily view the compliances of their contractors, thanks to the Employees' Provident Fund Organisation’s (EPFO) newly launched electronic facility.
With this...
Over 56 lakh COVID-19 advance claims settled by EPFO by December...
Employees’ Provident Fund Organisation (EPFO) has paid over Rs 14,000 crore towards settlement of 56.79 lakh COVID-19 non-refundable advance claims, last year.
Following the virus...
8.5% interest for FY2019-20 for EPF subscribers in one shot
Subscribers of the Employees’ Provident Fund (EPF) may get the entire 8.5 per cent declared interest rate for the financial year 2019-20 in one...
EPF subsidy relief for employers, staff
For two consecutive years, the Government will cover the 24 per cent that employees and their employers contribute towards the Employees’ Provident Fund (EPF)...
GOI announces ABRY scheme to create jobs
The Government of India has announced the Atmanirbhar Bharat Rozgar Yojana (ABRY), to create more jobs. The scheme will offer employment generation incentives to...
EPFO becomes more subscriber friendly; launches WhatsApp helpline
Employees’ Provident Fund Organisation (EPFO) is well on the path to becoming more subscriber friendly than ever before. Close on the heels of the...
EPFO links KYC details with UAN, subscribers to avail benefits digitally
The Employees’ Provident Fund Organisation (EPFO) has successfully updated its database of subscribers with the Know Your Customer (KYC) details, such as mobile numbers,...
Lure of DJ to encourage employees to return to office: Meta
Meta has reportedly hired a DJ to play music in its Menlo Park campus cafe, according to an employee. This move could be seen...
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Given today's fast-paced and complex business environment, companies need to be able to adapt to changes quickly and solve complex problems in innovative ways....
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In many organisations employees did not enjoy reasonable growth, either in salary or career, for almost...
Overcoming job search struggles in the tech industry: One engineer’s journey
A software engineer from Delhi recently shared on LinkedIn his struggle to secure a job after being turned down by over 150 companies in...
Too many smoke breaks cost a Japanese employee $11,000
That the Japanese were not tolerant of smoking is a known fact. However, when an employee was recently slapped with a huge fine for...
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