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.
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
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
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
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
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
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
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
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
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
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
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,
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
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
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
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
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
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
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
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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