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Unique Identification Authority of India UIDAI said that all its services are stable and functioni...
According to ANI report, Union Finance Minister, Nirmala Sitharaman on Saturday said that the Centra...
EPFO Employees Provident Funds Organization has a growing trend and added . lakh net subscrib...
EPFO: The last date to Link your UAN with Aadhaar remains unchanged, August 31, 2021 EPFO has announced to link your UAN (Universal Account Number) with the Aadhaar by August 31, 2021, if it’s not linked with your Aadhaar then your employer will not be able to make monthly contributions to your Employees’ Provident Fund (EPF) account. […]
According to The Indian Express report, A group of employees at a Mumbai office of the Employees Provident Fund Organisation (EPFO) allegedly siphoned over Rs 21 crore from a common PF pool through fraudulent withdrawals. According to the internal investigation, that five employees from EPFO’s Kandivali office transferred money through 817 bank accounts established in […]
LIC (Life Insurance Corporation of India) and Employees’ Provident Fund Organisation (EPFO) have expressed their willingness to set up funds for startups to help budding entrepreneurs, a senior official said on Monday. Additional Secretary in the Department for Promotion for Industry and Internal Trade (DPIIT) Anil Agrawal said it was decided that a portal will […]
The government has announced to link your UAN (Universal Account Number) with the Aadhaar by August 31, 2021, if it’s not linked with your Aadhaar then your employer will not be able to make monthly contributions to your Employees’ Provident Fund (EPF) account. “If an employee’s UAN is not linked with Aadhaar by August 31, […]
EPFO (Employees’ Provident Fund Organisation) is likely to credit the Employees Provident Fund (EPF) interest to accounts of its subscribers very soon, it has been confirmed in a tweet. As per the reports, earlier, the retirement body EPFO was expected to credit the interest amount to the EPF accounts by end of July 2021 for FY 2020-21 but there is a delay in depositing […]
Yesterday, Employees’ Provident Fund Organisation (EPFO) has allowed e-nomination facilities for its members to get a range of benefits. In its recent Tweet, It has said that one should file an e-nomination for getting Provident Fund (PF), Pension (EPS) and Insurance (EDLI) benefits easily on a member’s death. With a series of updates regarding e-nomination, […]
The Employees’ Provident Fund Organisation (EPFO) is planning to hire a consultant for monitoring its bond investment. This move follows EPFO’s arduous struggle to recover nearly Rs 1,400 crore that it invested in Infrastructure Leasing and Financial Services (IL&FS) and Dewan Housing Finance Corp. Ltd (DHFL), which was later declared bankrupt. According to a report […]
Employees’ Provident Fund Organisation (EPFO) has finalized the interest rates on provident fund deposits for 2020-21 at 8.5%. EPFO is expected to credit 8.5% interest for the financial year 2020-21 till the end of July. According to sources, the interest amount is likely to be credited to the accounts of subscribers by end of July 2021, […]
The provisional payroll data of EPFO published on 20th July 2021 highlights that EPFO has added around 9.20 lakh net subscribers during the month of May, 2021. However, this is 28% less than the previous month. In the month of April this year, EPFO had added 12.76 lakh net subscribers. The Labour Ministry said, “Despite the crisis of […]
The government of India on Monday extended the wage subsidy scheme till 31 March 2022 via the Employees Provident Fund Organisation (EPFO) under Aatma Nirbhar Bharat Rozgar Yojana to boost job creation at the lower end of the salary structure informal jobs. Aatma Nirbhar Bharat Rozgar Yojana was launched on 1st Oct, 2020. It incentivises employers for […]
EPFO (Employees’ Provident Fund Organisation) has added around 12.76 lakh net subscribers during April, 2021. Despite the second wave of COVID-19 pandemic, April 2021 registered an increase of 13.73% net subscribers addition as compared to the previous month during which around 11.22 lakh net subscribers were added to the payroll. Data reflects that the numbers of […]
Yesterday, Retirement fund body EPFO (Employees’ Provident Fund Organisation) extended the deadline for mandatory Aadhaar-linking with universal account number (UAN) of individual subscribers by three months from June 1 to September 1, 2021. EPFO in an order said the date of implementation of ECR (electronic challan cum receipt or PF return) with Aadhar verified UANs has been […]
