Tag: EPFO
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,...
Better to stick with earlier rates for PF contribution?
To enable people to have more cash in their hands amidst this pandemic, the Employees’ Provident Fund Organisation (EPFO) has allowed employees to contribute...
EPFO goes for automation, settles 36.02 lakh claims during lockdown
The Employees' Provident Fund Organisation (EPFO), has been striving to ensure timely and effective delivery of service to its subscribers. Even during the lockdown,...
EPFO releases Rs 868 Cr pension and Rs 105 Cr arrears
As per a confirmation from the Ministry of Labour & Employment, the Employees’ Provident Fund Organisation (EPFO) has released Rs 868 crore pension in...
EPFO issues clarifications, says lower PF contribution not compulsory
On May 18, the Government had issued a notification regarding the lowering of contribution towards the Employees’ Provident Fund or EPF, for both the...
EPFO relaxes rules, will accept scanned copy of employee sign for...
The Employees' Provident Fund Organisation (EPFO) has been doing its bit to help out its subscribers during the lockdown. It has relaxed the rule...
EPFO relaxes norms to allow corrections online
On March 26, the Government announced a relief package mentioning that it would contribute both the employee’s and the employer’s share of the PF...
Ministry of Labour enables non-refundable advance for EPF members
The Labour Ministry issued a notification on March 29 amending the Employees’ Provident Fund scheme, 1952 to allow EPF subscribers to withdraw non-refundable advance...
EPFO urges a/c holders to use online facilities
Even with a nationwide lockdown pushing people to stay indoors, individuals worried about their provident fund accounts no longer need to do so. The...
EPFO system hoodwinked by 9 lakh employees
Almost 80,000 companies have been found to have been wrongly availing the benefits of the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), aimed at bringing...
EPF subscribers can now update their online records themselves
The Employees' Provident Fund Organisation (EPFO) has been consistently trying to make life simpler for account holders. Not only has it simplified the process...
Over 8 lakh formally employed in November, 2019
According to the payroll data released by EPFO, over 4 lakh of those who joined the formal workforce, belong to the 18-25 age group
According...
NO change in application of EPF and MP Act says Govt.
There were reports in the media that the Central Government has made changes under the Employees’ Provident Funds and Miscellaneous Provisions (EPF and MP)...
Union government to allow reduction of monthly EPFO contribution
Employees may now be able to take home higher salaries if the organised sector is allowed to reduce the monthly mandatory deductions on account...
EPFO and SC differ on linking Aadhaar and PF accounts
Many technology companies have sought Government intervention because their employees refuse to link their Aadhaar numbers with their provident fund (PF) accounts, because the...