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EPFO Members who have already availed of the first COVID- advance can now opt for a second advanc...
Govt simplifies Family Pension rules amid the COVID pandemic Union Minister of State Independent Ch...
EPFO allows its subscribers to avail second COVID- advance amidst second wave of Covid- pandemic...
Govt rolls out pension scheme for families of workers who died due to COVID-19 The Ministry of Labour and Employment has announced additional benefits for workers through ESIC and EPFO schemes to address the fear and anxiety of workers about the well-being of their family members due to increasing incidences of death due to COVID […]
Govt rolls out measures to help families who lost earning member due to COVID-19 Prime Minister Narendra Modi chaired an important meeting to discuss and deliberate on steps which can be taken to support children who have lost their parents due to Covid-19. PM announced a number of benefits to children impacted by the current […]
EPFO: How to claim EDLI benefit up to 7 lakh as relief for deceased employee’s families Labour Ministry has increased the death insurance benefits for subscribers of its employees’ deposit-linked Insurance (EDLI) scheme, at a time of surges in COVID-19 cases in India. In a gazette notification, EPFO said the minimum death insurance has been increased to Rs.2.5 […]
EPFO adds 11.22 lakh net subscribers in the month of March, 2021 The provisional payroll data of EPFO has been published on 20th May, 2021 highlights that EPFO has added around 11.22 lakh net subscribers in the month of March, 2021. Despite Covid-19 pandemic, cumulative net payroll addition for FY 2021 is almost at par […]
EPFO increases death insurance under EDLI scheme to ₹7 lakh Labour Ministry on Friday increased the death insurance benefits for subscribers of its employees’ deposit-linked Insurance (EDLI) scheme, at a time of surges in COVID-19 cases in India. In a gazette notification, EPFO said the minimum death insurance has been increased to ₹2.5 lakh and the […]
69.58 lakh net subscribers added till February during the current financial year The provisional payroll data of EPFO has been published on 20th April 2021 highlights a growing trend with the addition of 12.37 lakh net subscribers during the month of February 2021. Despite the COVID-19 pandemic, EPFO has added around 69.58 lakh net subscribers during […]
EPFO to Organize Grievance Meeting on April 12, 2021 The next ‘Nidhi Aapke Nikat’ or ‘PF near you’ will be held at Regional PF Office, Marripalem Vuda layout, here on April 12. ‘Nidhi Aapke Nikat’ or ‘PF near you’ caters to the very purpose of strengthening the grievance redressal mechanism. This programme is an attempt […]
CBI arrests EPFO officer, two others in an alleged bribery case The Central Bureau of Investigation has arrested an Enforcement Officer of Employees Provident Fund Organisation (EPFO), Tiruppur (Tamil Nadu) and two private persons in an alleged bribery case of Rs.4 lakh. A case was registered against an Enforcement Officer, EPFO, and two private persons […]
Provident Fund: Govt raises threshold limit to 5 lakh for tax-free interest Finance Minister Nirmala Sitharaman on Tuesday raised the limit for tax exemption on interest earned on provident fund contribution by employees to Rs 5 lakh per annum in specified cases as against Rs 2.5 lakh proposed in the Budget. In her Budget for […]
EPFO enrolled 13.36 lakh net subscribers in the month of January 2021 and around 62.49 lakh subscribers during the current financial year The provisional payroll data of EPFO published on 20th March, 2021 highlights a growing trend of subscriber base with the addition of 13.36 lakh net subscribers during the month of January, 2021. Despite COVID-19 pandemic, EPFO added around 62.49 lakh subscribers […]
EPFO closed 71.01 lakh EPF accounts in April-Dec 2020 Retirement fund body EPFO closed 71.01 lakh employees’ provident fund (EPF) accounts during April-December in 2020 post pandemic which is higher than 66.66 lakh in the same period year ago, Parliament was informed on Monday. The government had imposed lockdown to contain the COVID-19 pandemic on […]
EPFO plans to create a separate fund for voluntary subscribers According to the ET report, The government of India plans to create a separate fund under the Employees’ Provident Fund Organisation (EPFO) for contributions from individuals who join the scheme voluntarily once it is thrown open to everyone. The launch of this separate fund would […]
