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The Employees Provident Fund Organisation EPFO has made it compulsory for all EPF subscribers to ...
According to an ET report, after disinvestment, and acquisitions by Tata Group thousands of Air Indi...
Employees Provident Fund Organisation EPFO has credited an interest rate of . per cent in ....
The Employees’ Provident Fund Organisation (EPFO) has made it compulsory for all EPF subscribers to designate a nominee for providing Social Security to their families. The last date for adding the nominee is December 31, 2021. If you fail to add the nominee before the deadline ends, it could lead few problems including the loss […]
LFPR (Labour Force Participation Rate), WPR (Worker Population Ratio), and UR (Unemployment Rate) are the indicators reveal that the employment scenario has improved significantly over the years (as per PLFS data). In the year 2019-20, Labour Force Participation Rate for persons aged 15 years and above, rose significantly to 53.5 % as compared to 49.8 […]
Employees’ Provident Fund Organisation (EPFO) has credited an interest rate of 8.50 per cent in 22.55 crore account holders for the financial year (FY) 2020-21, EPFO confirmed on Twitter. On 6th December 2021, EPFO said in a tweet, “22.55 crore accounts have been credited with an interest of 8.50% for the FY 2020-21” 22.55 crore […]
According to The Hindu report, the Government of India has formed four ad-hoc board-level committees to look into the EPFO functioning for its different aspects, including IT, communications, and pension. Bhupender Yadav, Union Cabinet Minister of Labour and Employment, Environment, Forest and Climate Change in the Government of India who chairs the Central Board of […]
EPFO has released highlights that EPFO has added around 15.41 lakh net subscribers during the month of September 2021. For the month of September 2021, the net subscriber additions have increased by 1.81 lakh as compared to the previous month of August 2021 when it was 13.60 lakh. Out of the total 15.41 lakh net […]
In 229th Meeting of Central Board of Trustees, Employees’ Provident Fund Organisation (EPFO) has approved the development of centralised IT-enabled systems by the Centre for Development of Advanced Computing (C-DAC). This move will allow an employee’s PF account number to remain the same even after they change their jobs. So, after the EPFO decision, PF […]
The government has approved 8.5 per cent rate of interest on employees’ provident fund (EPF) for 2020-21 fiscal, a source said. Just ahead of Diwali, this is good news for over five crore (50 million) subscribers of the Employees Provident Fund Organisation (EPFO). The 8.5 per cent rate of interest on provident fund deposits for […]
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 first five months of the current financial year. For the month of August 2021, the net subscriber addition […]
EPFO, (Employees Provident Fund Organisation) is planning to bring some festive cheer to the salaried employees by crediting the interest declared for 2020-21 in the accounts of 6 crore subscribers. The interest rate of 8.5%, declared for 2020-21 in March this year, has been awaiting the finance ministry’s approval for over six months now. According to […]
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 month of July 2021, the net subscriber addition has increased by 31.28% as compared to […]
The Ministry of Labour Welfare and Employment is organizing various camps for registration of the unorganized workers on the E-shram portal. One such camp was set up at the Shram Shakti Bhavan in New Delhi today to register the Unorganized Labour working in various Ministries located in the building. Over 80 Workers are expected to […]
In order to facilitate EPF subscribers, EPFO has launched one more e-initiative i.e., Aadhaar based e-Nomination. The physical filing of nomination is done through submission of ‘Form 2 Revised’, now with the launch of the e-nomination facility, members themselves can file their nomination online, using this e-Nomination facility available in the member portal. The link […]
