Employees Provident Fund: HR News, Trends & Workplace Insights

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

Updated on: Aug 2022
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EPFO: Fraud Alert! Avoid these mistakes online else you will lose money
EPFO

EPFO: Fraud Alert! Avoid these mistakes online else you will lose money

The Employees’ Provident Fund Organisation has warned its members not to share critical details about their EPF account, personal information, or OTP over the phone or online. EPFO has announced this due to the growing threat of EPF-related OTP scams and other issues, also to minimize fraud. A shared tweet stated, “EPFO never asks its […]

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EPFO subscribers must make nominations, benefits Rs 7 lakh
EPFO

EPFO subscribers must make nominations, benefits Rs 7 lakh

EPFO advises all subscribers to do/update e-nomination to avail the benefits. EPF members can also modify nominees online. It helps online claim settlement upon the death of the member, online payment of PF, Pension, and Insurance (upto Rs 7 lakh) to eligible nominees, and paperless and speedy claim settlement. Why one should file e-Nomination? ई-नामांकन […]

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EPFO: EPS’95 pensioners can submit life certificates anytime
EPFO

EPFO: EPS’95 pensioners can submit life certificates anytime

The Employees’ Provident Fund Organisation (EPFO) has recently announced that has brought relief to lakhs of pensioners. EPFO has stated that Employees’ Pension Scheme (EPS) 95 pensioners can submit their life certificates at any time that is valid for one year from the date of submission. There are various methods that the pensioners can also […]

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EPFO – Panel backs raising the monthly wage ceiling to Rs. 21,000
EPFO

EPFO – Panel backs raising the monthly wage ceiling to Rs. 21,000

A high-level committee has backed the proposed for increasing in the wage ceiling under the Employees’ Provident Fund Organisation (EPFO) to Rs. 21,000 from the current Rs. 15,000. However, the panel said the government can implement the increase from a later date after deliberations, according to the media report on Monday. If the proposal is […]

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Employees Provident Fund contributions above Rs. 2.5 Lakh to be taxed
EPFO

Employees Provident Fund contributions above Rs. 2.5 Lakh to be taxed

The Centre has planned to tax Employees Provident Fund (EPF) contributions exceeding Rs. 2.50 lakh yearly. For government employees, the limit has been set at a higher end of Rs. 5 lakh. Under new Income Tax (I-T) Rules, PF accounts are likely to be divided into two parts one is taxable and the other is non-taxable contribution accounts from […]

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EPFO to credit interest of FY 2020-21 very soon, the process is in pipeline
EPFO

EPFO to credit interest of FY 2020-21 very soon, the process is in pipeline

EPFO (Employees’ Provident Fund Organisation) is likely to credit the Employees Provident Fund (EPF) interest to accounts of its subscribers very soon, it has been confirmed in a tweet. As per the reports, earlier, the retirement body EPFO was expected to credit the interest amount to the EPF accounts by end of July 2021 for FY 2020-21 but there is a delay in depositing […]

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EPFO: 8.5% interest on EPF likely to be credited by month-end
EPFO

EPFO: 8.5% interest on EPF likely to be credited by month-end

EPFO: 8.5% interest on EPF likely to be credited by month-end Retirement fund body EPFO is likely to credit 8.5 percent rate of interest for 2019-20 in the employees’ provident fund (EPF) accounts of around six crore subscribers in one go by the end of December, news agency PTI has reported. Earlier in September this […]

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