Tag: EPFO

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...

Festive bumper for EPFO staff

The non-gazetted employees (belonging to Groups B and C) of the Employees’ Provident Fund Organisation (EPFO), will receive a 60 days’ productivity-linked Diwali bonus....

EPFO to launch e-inspection system, also proposes PF for domestic help

With an aim to make the inspection process simple and eliminate physical inspection as far as possible, the Employees’ Provident Fund Organisation (EPFO) will...

61.12 lakh jobs created in FY 2019

A total of 61.12 lakh jobs were created in the financial year 2019, as per the payroll data from Employees’ Provident Fund Office (EPFO)....

EPFO amends rules, allows subscribers to withdraw entire fund within 2...

The Employees’ Provident Fund Organisation (EPFO), the retirement fund body, has introduced amendments that now permit its subscribers to withdraw up to 75 per...

91 lakh workers dropped out of EPFO in 2017

According to the data released by the Employees’ Provident Fund Organisation (EPFO), 91 lakh workers seem to have dropped out of EPFO last year....

Effects of lower PF contribution on your salary

If PF contribution is part of the CTC, don’t miss out on asking the employee to pass on those extra few bucks.

Around 7.43 lakh jobs added in May: EPFO

A total of 44.74 lakh jobs were created in the formal sector during September 2017–May 2018

Now withdraw 75% of PF just after a month of quitting

This move will offer financial security to employees who may have lost their jobs.

Govt to pay employers’ contribution to the provident fund till March...

Establishments registered with EPFO will need to have a Labour Identification Number (LIN) allotted to them under the Shram Suvidha Portal to avail this scheme. 

EPFO subscribers can now access pension passbook through UMANG App

The unified mobile application for new-age governance (UMANG) appis all set to make life easier for pensioners.

PF portal hack: EPFO affirms no data leakage

As per media reports, the personal and professional details of about 2.7 crore members registered with the EPFO have been exposed to data theft. 

Decoding EPFO data for job estimation

According to the data, 1.25 million young Indians joined the workforce between September 2017 and February 2018. 

EPFO introduces new facilities to link UAN and Aadhaar

The facility on the e-KYC Portal has further added a new feature to link UAN with Aadhaar online using biometric credentials.

National Pension Scheme allows 25% withdrawal before maturity

NPS is a voluntary, defined contribution retirement savings scheme for Indian employees during their working life.

How HR head Abhishek Mishra paid the price for being a...

Here is the story of a brave HR professional, who stood by his people, fought against PF evasion at MW High Tech Projects India, and paid a hefty price.

Employees withdrawing full PF money will lose social security benefits

EPFO advises members to refrain from withdrawing funds fully for trivial reasons

Latest

 Tridhya Tech rewards employees with cars

Tridhya Tech, a leading provider of digital transformation services located in Ahmedabad, celebrated the hard work and dedication of its employees by presenting 13...

Nintendo plans to raise employees’ pay by 10% 

Nintendo, a Japanese video game maker, announced on February 7, 2023, its intentions to raise its employees' base pay by 10 per cent. Despite...

Mass Layoffs: The blame game between HR & business heads

The recent mass layoffs across industries that have taken the labour market by storm are a cause of concern. Not only have they added...

Impact of Budget 2023 on HR

Finance Minister Nirmala Sitharaman unveiled the budget for 2023, which is the fifth budget of the Modi government's second term. The newly- announced budget...

DIALOGUE

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....

“Being good to everyone is being unjust to performers,” Mathew Job, CEO, Crompton

Q. In today’s times, what’s more challenging for a CEO like you — profit & business growth, talent & people, diversification, compliance or managing...