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In a major overhaul of the Employees Provident Fund Organisation EPFO framework, the Ministry of ...
Ministry of Labour and Employment has launched the Employees Enrolment Campaign EEC to ...
In a major reform aimed at improving financial flexibility and ease of access for over million su...
Employees’ Provident Fund Organisation (EPFO) has introduced a revamped Electronic Challan-cum-Return (ECR) facility starting with the wage month of September 2025. The overhaul aims to simplify the return-filing process for employers and reduce data-entry errors that have historically complicated compliance. A key change in the new system is the separation of return submission from payment […]
Employees’ Provident Fund Organisation (EPFO) recorded a net addition of 21.04 lakh members in July 2025, marking a 5.55% year-on-year increase compared to July 2024. The latest payroll data released by the Ministry of Labour and Employment highlights a continued expansion of formal employment in India, driven by job creation, increased awareness of social security […]
As Diwali approaches, lakhs of pensioners under the Employees’ Pension Scheme (EPS), 1995, are awaiting a long-overdue revision in their monthly pension. The Employees’ Provident Fund Organisation (EPFO) is reportedly considering a hike in the minimum pension amount, which has remained stagnant at ₹1,000 per month since September 2014. The proposed increase could raise the […]
Union Labour and Employment Minister Dr. Mansukh Mandaviya has announced a series of reforms under the Employees’ Provident Fund Organisation (EPFO). The most notable among them is the introduction of a single login system for EPFO members, enabling access to all key services through one unified portal. Previously, members had to navigate multiple login interfaces […]
Employees’ Provident Fund Organisation (EPFO) is preparing to roll out a significant digital upgrade that could allow subscribers to withdraw their provident fund (PF) balances through ATMs and UPI platforms. The initiative, part of the EPFO 3.0 reform agenda, is expected to be discussed at the upcoming Central Board of Trustees meeting scheduled for October […]
India’s formal job creation has declined for the second consecutive year, according to revised payroll data released by the Employees’ Provident Fund Organisation (EPFO). In FY25, the EPFO added 12.9 million net new subscribers, down from 13.1 million in FY24 and 13.8 million in FY23. The trend marks a notable retreat from the FY23 peak, […]
Employees’ Provident Fund Organisation (EPFO) is preparing to roll out its most significant digital upgrade to date—EPFO 3.0. Designed to make provident fund services faster, more transparent, and accessible, the new platform will benefit over 8 crore EPF subscribers across India. Once launched, EPFO 3.0 will allow members to withdraw funds directly via ATMs and […]
A recent disclosure by the Ministry of Labour and Employment has brought renewed attention to the financial distress faced by millions of retired workers under the Employees’ Pension Scheme, 1995 (EPS-95). As of March 31, 2025, out of 8.15 million pensioners enrolled in the scheme, more than 4.9 million—over 60%—receive monthly pensions below ₹1,500. The […]
Employees’ Provident Fund Organisation (EPFO) has recorded its highest-ever net addition of formal jobs in June 2025, with 21.89 lakh members added to its payroll. This marks the strongest monthly growth since EPFO began publishing payroll data in April 2018, signaling a robust expansion in India’s formal workforce. According to provisional data released by the […]
Employees’ Provident Fund Organisation (EPFO) has announced a significant increase in the ex-gratia amount provided under its Death Relief Fund. Effective April 1, 2025, the ex-gratia benefit for Central Board employees who die while in service has been raised from ₹8.8 lakh to ₹15 lakh. The amount will be disbursed to the nominee or legal […]
Prime Minister Narendra Modi, in his Independence Day address from the Red Fort on August 15, 2025, announced the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY)—a large employment-linked programme designed to accelerate private-sector hiring. The plan has a financial outlay of about ₹1 lakh crore (₹99,446 crore). It targets the creation of more than 3.5 […]
The Employees’ Provident Fund Organisation (EPFO) is gearing up for a major digital transformation with the launch of its new platform, EPFO 3.0. To spearhead this project, three of India’s largest IT companies—Tata Consultancy Services (TCS), Infosys, and Wipro—have been shortlisted to participate in the next stage of the selection process. The announcement was confirmed […]
