Latest Employee Provident Fund Organization HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Employee Provident Fund Organization.
Union Minister for Labour and Employment, Forest, Environment and Climate Change Shri Bhupender Yada...
Social Security Organisations, EPFO has initiated an interactive platform for EPS Pensionersmemb...
One of the Worlds largest Social Security Organisations, Employees Provident Fund Orga...
The government has a Face-Recognition technology system based on the Aadhar database that will help in getting the Life certificate. This will allow anyone with an Android-based smartphone to submit their DLC (digital life certificate). The EPFO has recently shared a tweet saying, “How to get Jeevan Pramaan through Face Authentication? #EPFO #SocialSecurity #AmritMahotsav #FaceAuthentication […]
The provisional payroll data of EPFO released on 20th December 2022 highlights that EPFO has added 12.94 lakh net members in the month of October 2022. A year-on-year comparison of payroll data reflects an increase of 21,026 in net membership in October 2022 as compared to the corresponding month during last year in 2021. As […]
One of the World’s largest Social Security Organisations, The Employees Provident Fund Organisation (EPFO) has announced that Employers defaulting on submitting the contributions are liable to pay Damages & Interest. The Employees Provident Fund Organisation said that employers defaulting on contributions are liable to pay Damages u/s 14B and interest u/s 7Q on the due amount. The […]
Universal Account Number (UAN) is a 12-digit unique number provided to each employee contributing to the Employees Provident Fund. This unique number is generated and assigned by the Employee Provident Fund Organisation (EPFO). The Ministry of Labour and Employment authenticates UAN under the directives of the Government of India. EPFO recently shared a tweet saying, “Know […]
A high-level committee has proposed the increase the wage ceiling under the Employees’ Provident Fund Organization (EPFO). The proposed increase to Rs 21,000 per month from the existing Rs 15,000. The government may increase the threshold on the salary of employees. The last EPFO wage ceiling revision was made in 2014. The wage revision was hiked to Rs […]
According to Livelaw, The supreme court (SC) has partially upheld the Kerala High Court judgment. The court has quashed the limit of Rs 15,000 monthly salary for joining the pension fund. Case Background An appeal was filed in the supreme court (SC) by the Employees Provident Fund Organization (EPFO) and the Union Government. The appeal […]
One of the World’s largest Social Security Organisations, The Employees’ Provident Fund Organisation (EPFO) has begun the process of crediting interest for 2021-2 from October 31, Monday. Responding to a tweet on delay, EPFO said, “The process of crediting interest is ongoing and it will get reflected into your account soon. Whenever the interest is credited, […]
There are several social security programs under the Employees’ Provident Fund Organisation (EPFO), recent program is for employees retiring in 6 months. One of the two main statutory social security bodies, EPFO retirement fund body decided to allow the withdrawal of accumulations in the Employees’ Pension Scheme 1995 (EPS-95). The EPS, 1995 is a ‘Defined Contribution-Defined Benefit’ […]
The provisional payroll data of EPFO released on 20th October 2022 highlights that EPFO has added 16.94 lakh net members in the month of August 2022. A year-on-year comparison of payroll data reflects an increase of 14.40% in net membership addition in August 2022 as compared to the corresponding month during last year in 2021. Of […]
There are several social security programs under the Employees’ Provident Fund Organisation (EPFO). EPFO has introduced a new initiative to facilitate Member Pensioner & Nominee /family members (in case of EDLI benefit) to calculate the eligible Pension & EDLI benefits. The Employees’ Provident Fund Organisation has recently shared a tweet saying from the official Twitter handle saying, “Benefits […]
There are several social security programs under the Employees’ Provident Fund Organisation (EPFO). The EPFO has shared relevant information regarding Jeevan Pramaan Patra for EPS’95 Pensioners. Jeevan Pramaan is a biometric-enabled digital service for pensioners. The Pensioners of the Central Government, State Government, or any other Government organization can take benefit from this facility. Digital Life Certificate […]
According to the Ministry of Finance, the Employees’ Provident Fund Organisation (EPFO) delayed in crediting EPF interest due to software for FY22 and there is no loss of interest for any member. The Finance Ministry has clarified that there is no loss of rate of interest for subscribers of Employees’ Provident Fund Organisation (EPFO) and […]
