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The Government of Indias plan to implement a mandatory national floor minimum wage has sparked conc...
For millions of formal sector employees in India, the Employee Provident Fund Organization EPFO po...
In a landmark shift toward banking-style convenience, the Employees Provident F...
In a major relief for millions of salaried employees, the Employees’ Provident Fund Organisation (EPFO) has launched a strategic initiative to reunite subscribers with over ₹10,181 crore lying in inoperative accounts. The central focus of this campaign is a new “auto-settlement” facility designed to credit unclaimed balances directly into Aadhaar-linked bank accounts without requiring a […]
South Indian Bank (SIB) has announced a strategic partnership with the Employees’ Provident Fund Organization (EPFO) to facilitate the efficient collection of provident fund dues. By integrating its digital banking infrastructure with the EPFO portal, the private sector lender aims to simplify the statutory compliance process for thousands of employers across the country. EPFO Enhancing […]
Central Board of Trustees (CBT) of the Employees’ Provident Fund Organisation (EPFO) has officially recommended an interest rate of 8.25% on EPF deposits for the financial year 2025-26. This decision, taken during the 239th board meeting on March 2, 2026, marks the second consecutive year the rate has remained unchanged, providing a sense of stability […]
In a significant move toward resolving years of retirement payout ambiguity, the Employees’ Provident Fund Organisation (EPFO) has restored the option for employees to link their pension contributions to their actual full salary. However, a recent clarification issued in February 2026 confirms that this “higher pension” benefit is far from universal, applying only to a […]
In a major digital push, the Employees’ Provident Fund Organisation (EPFO) is set to launch a new mobile application by April 2026. This dedicated platform will allow its 80 million subscribers to withdraw their provident fund (PF) savings instantly. They will use the Unified Payments Interface (UPI) for these transactions. The move aims to bring […]
Employees’ Provident Fund Organisation (EPFO) is considering a slight downward revision of the interest rate on retirement savings for the 2025–26 fiscal year. Sources close to the development suggest the rate may be pegged between 8% and 8.2%, a marginal dip from the 8.25% credited during the previous fiscal. EPFO Balancing Act: Payouts vs. Surplus The […]
In a significant escalation of a decade-long dispute, the Pune office of the Employees’ Provident Fund Organisation (EPFO) has directed Tech Mahindra Limited to remit a staggering ₹1,287.44 crore. The order, issued under Section 7A of the EPF Act, 1952, follows allegations of large-scale defaults in provident fund contributions, specifically concerning employees on overseas deputation. This […]
In a move aimed at ending the bureaucratic hurdles faced by millions of salaried employees, Union Minister for Labour and Employment, Dr. Mansukh Mandaviya, has announced a massive structural revamp of the Employees’ Provident Fund Organisation (EPFO). Addressing the inauguration of the newly constructed ‘Bhavishya Nidhi Bhawan’ in Vatva, Gujarat, on December 26, 2025, the […]
