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EPFO released provisional payroll data highlighting that EPFO has added . lakh net members in Ap...
One of the two main social security organization, The Employees Provident Fund Organisation ...
ThenbspEmployees Provident Fund Organisation EPFO has now introduced auto-mode settlement...
As reported by ET, one of the two main social security organizations under the Government of India’s Ministry of Labour and Employment, the Employees’ Provident Fund Organisation (EPFO) is expected to increase the wage ceiling to Rs. 21,000 from Rs. 15,000. After being sidelined for years, the proposal is getting fresh attention. In 2014, the government revised […]
In the latest development, an incident surfaced from Mumbai where an HR Manager demanded sexual favors in exchange for releasing a 23-year-old girl’s deceased father’s Provident Fund (PF). The incident was reported by TOI, In the complaint, the woman said: “Despite submitting multiple forms to claim the PF, I did not receive it.” “After being […]
The Central Bureau of Investigation (CBI) has arrested an accused Enforcement Officer, EPFO, Tirunelveli, Tamil Nadu while accepting a bribe amount of Rs. 2 lakh from the complainant. The CBI has initiated a case against an Enforcement Officer from EPFO, Tirunelveli, Tamil Nadu, on the grounds of a complaint. The accused is alleged to have […]
One of the World’s largest Social Security Organisations, the Employees’ Provident Fund Organisation (EPFO) has fixed the interest rate as 8.25 % for FY 2023-24. The Central Board recommended an annual rate of interest of 8.25% to be credited on EPF accumulations in members’ accounts for the financial year 2023-24. This interest rate will be […]
One of the World’s largest Social Security Organisations, The Employees’ Provident Fund Organisation (EPFO) has released its provisional payroll data on 20th January, 2024. The data highlights that EPFO has added 13.95 lakh net members in November 2023. However, In October 2023 EPFO added 15.29 lakh net members. The data indicates that around 7.36 lakh new members enrolled in […]
Several social security programs have been introduced under the Employees’ Provident Fund Organisation (EPFO). Recently, the Employees’ Provident Fund Organisation (EPFO) shared a post on X (formally Twitter) saying, “Employees’ Deposit Linked Insurance (EDLI) Scheme, 1976, is an important social security measure. Here are the main features of the EDLI scheme.” Employees' Deposit Linked Insurance (EDLI) Scheme, […]
One of the World’s largest Social Security Organisations, the Employees’ Provident Fund Organisation (EPFO) has extended the last date to upload wage details for higher pension by 5 months. Earlier, EPFO facility was for eligible pensioners/members in compliance with the Hon’ble Supreme Court order dated 04.11.2022. The facility was launched on 26.02.2023 and was to remain […]
The EPFO has recently issued a circular for “Standard Operating Procedure (SOP)” for freezing and de-freezing of provident fund (PF) accounts”. The SOPs can provide for a time-bound methodology for freezing MIDs/UANs/Establishments on account of verification requirement, as a measure of due diligence to secure the funds in these MIDs/UANs/Establishments and the subsequent de-freezing, wherever […]
