Employees Provident Fund Organisation: HR News, Trends & Workplace Insights

Latest Employees Provident Fund Organisation HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Employees Provident Fund Organisation.

Updated on: Mar 2022
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Covid-19: PF relief to subscribers and Employers
Labour Law

Covid-19: PF relief to subscribers and Employers

The Government of India is working on measures and packages to provide relief to subscribers and employers in the organized sector as the Covid-19 outbreak shuts factories and offices, takes a toll on jobs and impacts livelihoods. These measures include- Waiving off the penalties on late provident fund deposits by employers. Doubling of the minimum pension to […]

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EPFO cuts interest rate to 8.5% for 2019-20
Labour Law

EPFO cuts interest rate to 8.5% for 2019-20

EPFO cuts interest rate on deposits to 8.50% for FY20; move to affect 6 crore salaried employees The Employees’ Provident Fund Organisation (EPFO) on Thursday lowered the interest rate on provident fund deposits to 8.50% for FY20 (2019-20) from 8.65% in FY19 (2018-19), Labour Minister Santosh Gangwar said on Thursday. The new rate is 15 basis points below the figure for […]

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