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Centre approves EPF interest for FY22, four decade low at 8.1%

Centre approves EPF interest for FY22, four decade low at 8.1%

🕔03:18, 4.Jun 2022

New Delhi, June 4 (IANS) The Centre on Friday approved the 8.1 per cent rate of interest on employees’ provident fund deposits for FY22. At 8.1 per cent, the rate for the last fiscal would be at a near four-decade low.

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EPFO adds 14.12 lakh net subscribers in February

EPFO adds 14.12 lakh net subscribers in February

🕔10:46, 21.Apr 2022

The provisional payroll data of the Employees Provident Fund Organisation (EPFO), released on Wednesday, shows that it has added 14.12 lakh net subscribers in the month of February 2022. New Delhi, April 21 (IANS) The provisional payroll data of the Employees

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PF rate cut based on ‘today’s realities’, ministry yet to approve: FM

PF rate cut based on ‘today’s realities’, ministry yet to approve: FM

🕔07:00, 22.Mar 2022

The proposal to cut the interest rate on employees’ provident fund deposits was dictated by today’s realities where returns on other small saving instruments were even lower, Union Finance Minister Nirmala Sitharaman told the Parliament on Monday. New Delhi, March

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EPFO to pay 8.1% interest rate on PF for 2021-22

EPFO to pay 8.1% interest rate on PF for 2021-22

🕔21:42, 12.Mar 2022

The Employees’ Provident Fund Organisation (EPFO) will pay 8.1 per cent rate of interest on provident fund deposits for the current financial year. This is the reduction from 8.5 per cent in Financial Year 2021 and the lowest in last

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EPFO added 14.6 lakh subscribers in Dec 2021, up 16.4% YoY

EPFO added 14.6 lakh subscribers in Dec 2021, up 16.4% YoY

🕔07:15, 21.Feb 2022

New Delhi, Feb 21 (IANS) The Employees’ Provident Fund Organisation (EPFO) added 14.6 lakh net subscribers in December 2021, up 16.4 per cent compared to the corresponding period of the previous year. Comparison shows an increase of around 2.06 lakh in

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EPFO onboards Air India for social security coverage

EPFO onboards Air India for social security coverage

🕔08:06, 30.Jan 2022

New Delhi, Jan 30 (IANS) Following the takeover of Air India by Tata Group, the Employees’ Provident Fund Organisation (EPFO) has now onboarded the carrier for social security coverage to service the social security needs of its employees. The social security

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EPFO added 13.95 lakh net subscribers in Nov 2021

EPFO added 13.95 lakh net subscribers in Nov 2021

🕔07:10, 21.Jan 2022

New Delhi, Jan 21 (IANS) The Employees’ Provident Fund Organisation (EPFO) added 13.95 lakh net subscribers in November 2021, marking an increase of around 2.85 lakh net subscribers over the previous month. Year-on-year comparison of payroll data also show an increase

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EPFO adds 14.81 lakh net subscribers in August

EPFO adds 14.81 lakh net subscribers in August

🕔05:19, 21.Oct 2021

New Delhi, Oct 21: The provisional payroll data of EPFO released on 20th October, 2021 highlights that EPFO has added around 14.81 lakh net subscribers during the month of August, 2021. The data reflects a growing trend in net payroll for

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EPFO adds 14.65 lakh net subscribers in July, an increase of 31.28% over June

EPFO adds 14.65 lakh net subscribers in July, an increase of 31.28% over June

🕔12:57, 21.Sep 2021

The provisional payroll data of EPFO published on 20th September, 2021 reveals that EPFO has added around 14.65 lakh net subscribers during July, 2021. The data highlights a growing trend in net payroll additions for last four months. For the

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EPFO payroll data shows 12.76 lakh subscribers added in April

EPFO payroll data shows 12.76 lakh subscribers added in April

🕔06:05, 21.Jun 2021

New Delhi, June 20  The provisional payroll data of the Employees’ Provident Fund Organisation (EPFO) on Sunday shows that it has added around 12.76 lakh net subscribers during April this year. Despite the second wave of Covid-19 pandemic, there was

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EPFO allows its members to avail second Covid-19 advance

EPFO allows its members to avail second Covid-19 advance

🕔19:21, 31.May 2021

New Delhi, May 31  To support its subscribers during the second wave of Coronavirus pandemic, Employees’ Provident Fund Organisation (EPFO) has now allowed its members to avail second non-refundable Covid-19 advance. Members who have already availed the first Covid-19 advance

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EPFO keeps interest rate unchanged at 8.5% for FY21

EPFO keeps interest rate unchanged at 8.5% for FY21

🕔21:01, 4.Mar 2021

New Delhi, March 4  In a major relief for India’s working class, the Employees’ Provident Fund Organisation (EPFO) has decided to keep interest rates on Provident Fund deposits for the financial year 2020-21 unchanged at 8.5 per cent. On Thursday,

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FM announces new employment scheme with EPFO support for 2 years

FM announces new employment scheme with EPFO support for 2 years

🕔15:24, 12.Nov 2020

New Delhi, Nov 12  Union Finance Minister Nirmala Sitharaman on Thursday announced ‘Atmanirbhar Bharat Rozgar Yojana’ to incentivise creation of new employment opportunities during the Covid-recovery phase. The employment scheme effective from October 1 will be applicable to eligible new

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EPFO to pay 8.5% interest rate for FY20 in 2 instalments

EPFO to pay 8.5% interest rate for FY20 in 2 instalments

🕔07:39, 10.Sep 2020

New Delhi, Sep 10  The Employees’ Provident Fund Organisation (EPFO) will pay 8.50 per cent interest rate to the formal sector employees for the last fiscal year in a staggered manner due to the impact of the coronavirus pandemic. The

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EPFO updates KYC for 73.58L subscribers during April-June

EPFO updates KYC for 73.58L subscribers during April-June

🕔18:24, 27.Jul 2020

New Delhi, July 27  The Employees’ Provident Fund Organisation (EPFO) extended its availability and reach of its online services and updated Know your Customer (KYC) data for its 73.58 lakh subscribers during April to June amid COVID-19 pandemic. This includes

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13 lakh PF account holders withdraw Rs 4,684.52 crore

13 lakh PF account holders withdraw Rs 4,684.52 crore

🕔07:13, 29.Apr 2020

New Delhi, April 29  Account holders are increasingly withdrawing money from the PF accounts, taking advantage of the rebate due to the lockdown. According to the Employees Provident Fund Organisation (EPFO) of the Ministry of Labour, about 13 lakh account

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Expedite online disposal requests amid Covid-19 crisis: EPFO

Expedite online disposal requests amid Covid-19 crisis: EPFO

🕔20:07, 5.Apr 2020

New Delhi, April 5 The Employees Provident Fund Organisation (EPFO) has instructed its field offices to expedite disposal of online requests enabling provident fund members in financial distress to apply online for availing non-refundable advance. A statement issued by the Labour

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Over 70 lakh jobs created in formal sector last year: Modi

Over 70 lakh jobs created in formal sector last year: Modi

🕔10:53, 13.Aug 2018

New Delhi, Aug 13 Calling the opposition claims on rising unemployment a “political gimmick”, Prime Minister Narendra Modi said that over 70 lakh jobs were created in the formal sector alone in the last one year. Based on Employees Provident Fund

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General Budget 20018-19 : Centre to contribute 12% of wages to new employees under EPF

General Budget 20018-19 : Centre to contribute 12% of wages to new employees under EPF

🕔12:47, 1.Feb 2018

New Delhi, Feb 1  In a measure of relief to the Indian salaried class, the government on Thursday announced that it would contribute 12 per cent of the wages to new employees under the Employees Provident Fund Organisation (EPFO). The

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HUDCO and EPFO sign MoU to facilitate HFA Mission

HUDCO and EPFO sign MoU to facilitate HFA Mission

🕔08:46, 23.Jun 2017

Dr. M Ravi Kanth, Chairman & Managing Director, Housing & Urban Development Corporation (HUDCO) and Dr. V.P. Joy, Central Provident Fund Commissioner, EPFO, signed an MoU in the august presence of Minister, Housing & Urban Poverty Alleviation, UD & I&B,

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