Tag: EPFO

EPFO warns employers of penalties for defaulting on employee PF contributions

The Employees’ Provident Fund Organisation (EPFO) has issued a stern warning to employers who fail to contribute to their employees’ Provident Fund (PF) accounts....

EPFO to hire additional staff for pension division

The pension division of the Employees' Provident Fund Organisation (EPFO) is set to expand its team, as it needs more hands to tackle the...

EPFO raises EPF interest rate to 8.25% for FY 2023-24

Employees' Provident Fund Organisation (EPFO) has announced on 10 February 2024, to give a significant boost to provident fund (PF) account holders by increasing...

EPFO launches system for employees to retrieve UAN

The Employees’ Provident Fund Organisation (EPFO) has come up with an online solution using which employees can retrieve their Universal Account Number (UAN), in...

Employers can upload wage info for higher pension by 31 May

The Employees’ Provident Fund Organisation (EPFO), has allowed employers another five months to upload wage details for higher pension. The last date is now...

2.81 lakh women join EPFO; 57% first-time job seekers are youngsters

The Employees' Provident Fund Organisation (EPFO) has added about 17 lakh new members on a net basis in June. As per the data revealed...

Byju’s delays PF payments yet again

Although Byju’s had assured that it would make all pending provident fund (PF) contributions of June by mid July, it looks like the ed-tech...

Central govt announces hike in EPF interest rate 

On July 24, 2023, the union government of India made an important announcement regarding the employees provident fund (EPF) scheme. It has  decided to...

EPFO extends date to apply for higher pension

Employees provident fund organisation (EPFO) has extended the deadline for employees to apply for a higher pension from the employees' pension scheme (EPS) for...

Byju’s employees PF dues to be cleared, assures EPFO board member

Byju’s, an online education platform, has been accused of not paying the due provident fund (PF) of its employees. When the employees raised their...

Ministry of Labour complies with SC’s directions regarding higher pension option

As per a press release by the Ministry of Labour and Employment, the EPFO has made arrangements for obtaining applications for validation of option...

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,...

How this energy company is championing employee inclusivity & engagement

In today’s competitive business landscape, fostering an inclusive and engaging work environment is not just a feel-good initiative; it’s a strategic imperative. Jakson Green,...

Trident’s Asmita leaves blossom into inclusive workplaces

Forget the tired trope of corporate activism. In the heart of India's textile industry, Trident, a manufacturing company, is quietly weaving a revolution in...
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Engagement is outdated: The future of success lies in ‘employee involvement’

In the ever-evolving landscape of the contemporary workplace, a profound metamorphosis is underway, challenging the conventional emphasis on employee engagement. This paradigm shift posits...
Tata Steel employee vehicle ban

Tata Steel: Journey through excellence in talent acquisition 

Tata Steel, part of the Tata Group, is a multinational steel-making company headquartered in Mumbai, India. It is one of the world's leading steel...

Singapore government modifies foreign worker policy

The Ministry of Manpower (MOM), Singapore has modified the foreign worker policy. As per the modifications, the minimum qualifying salary for foreign workers to...

Latest

TCS headcount

Will TCS staff enjoy 7%-8% increment this year?

Tata Consultancy Services is likely to grant an increment of seven to eight per cent to its offsite employees, while the onsite staff can...
DA Hike

Jharkhand hikes DA by 4%

The Jharkhand government has recently boosted the dearness allowance (DA) and dearness relief (DR) for its state employees. The DA has now been raised...

TTD grants 9,000 house site pattas

The Tirumala Tirupati Devasthanams (TTD) has distributed 9,000 house site pattas to both serving and retired employees through a three-phased process. Earlier, the Tirupati...

Cisco partners with Karnataka to bridge cybersecurity skills gap

Cisco has entered into a Memorandum of Understanding (MoU) with the Karnataka Innovation Technology Society (KITS). The collaboration aims to train 40,000 individuals in...

DIALOGUE

Data analytics and not technology will redefine HR

Q. How satisfying has been your professional journey of 39 years? A. It has been a bagful of mixed experiences. At times I have been...

EQ, IQ & empathy define the success of a CEO

Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...

“The big change has been that we have moved from jobs to skills,” Amaresh...

Q. How would you define the culture at GE? A. Having been present in this region since 1902, GE has been around for 120 years....
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