Latest epfo HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on epfo.
Employees Provident Fund Organisation EPFO recorded a net addition of . lakh members in July ...
Employees Provident Fund Organisation EPFO is preparing to roll out a significant digital upgrade...
Indias formal job creation has declined for the second consecutive year, according to revised payro...
Employees’ Provident Fund Organisation (EPFO) is preparing to roll out its most significant digital upgrade to date—EPFO 3.0. Designed to make provident fund services faster, more transparent, and accessible, the new platform will benefit over 8 crore EPF subscribers across India. Once launched, EPFO 3.0 will allow members to withdraw funds directly via ATMs and […]
A recent disclosure by the Ministry of Labour and Employment has brought renewed attention to the financial distress faced by millions of retired workers under the Employees’ Pension Scheme, 1995 (EPS-95). As of March 31, 2025, out of 8.15 million pensioners enrolled in the scheme, more than 4.9 million—over 60%—receive monthly pensions below ₹1,500. The […]
India has recorded a significant rise in women’s employment in the formal workforce, with the Labour Force Participation Rate (LFPR) for women aged 15 and above reaching 41.7% in 2023–24, up from 23.3% in 2019–20. This 18.4 percentage point increase marks a pivotal moment in the country’s employment landscape, reflecting the impact of sustained policy […]
EPFO is set to undergo several significant changes in 2025, impacting millions of salaried individuals across India. These changes aim to enhance the retirement savings experience, streamline processes, and improve transparency for both employees and employers. Here are some important new rules which could be implemented in 2025 to benefit EPFO members. EPFO 2025: ATM […]
The Secretary of Labour & Employment chaired the 109th Meeting of the Executive Committee of Central Board of the Employees’ Provident Fund Organisation (EPFO). The meeting, held in New Delhi, addressed various key issues and initiatives aimed at enhancing the welfare and benefits of EPFO members. Key Highlights of EPFO 109th Meeting The committee discussed […]
The Employees’ Provident Fund Organisation (EPFO) has introduced new rules regarding the freezing and defreezing of Universal Account Numbers (UAN). These rules aim to enhance security, prevent fraud, and safeguard the interests of EPF subscribers. In this detailed guide, we’ll walk you through the step-by-step process of freezing and defreezing your UAN, along with other […]
There are several schemes under the Employees’ Provident Fund Organisation. Under this scheme, EPFO announces benefits payable to children, widows & widowers under EPS’95. The EPFO shared in a Tweet the benefits payable to the widows/ widowers and children under this particular scheme. The Tweet said, “Benefits payable to Widow/Widower & Children under EPS’95.” Benefits payable […]
The Employees’ Provident Fund Organisation (EPFO) on Wednesday increased the maximum assurance benefit to up to Rs. 7 lakh from the existing cover of Rs. 6 lakh under the Employees’ Deposit Linked Insurance (EDLI) scheme. Employees’ Deposit Linked Insurance, EDLI is an insurance cover provided by the Employees’ Provident Fund Organization (EPFO). A nominee or legal […]
EPFO to pay 8.5% interest rate in two tranches of 8.15% & 0.35% The Retirement fund body EPFO or Employees’ Provident Fund Organisation has decided to keep the interest rate unchanged at 8.5 per cent for the current financial year 2019-20, the government said on Wednesday. However, the interest payable to provident fund subscribers will […]
The Labour Ministry has allowed over 6 crore subscribers of retirement fund body EPFO to withdraw an amount not exceeding their three months basic pay and dearness allowance from their EPF account in view of the lockdown to fight COVID-19. Besides, Employees’ Provident Fund Organisation (EPFO) also introduced an online claim settlement facility without manual […]
On the second day of the 21-day lockdown due to Coronavirus outbreak, Finance Minister Nirmala Sitharaman announced an economic relief package that lays out various schemes to provide cash and free ration. The government also relaxed the rules for withdrawal of funds from the Employees’ Provident Fund (EPF) account. Relaxation in the EPF withdrawal rules. […]
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 […]
