Epfo Subscribers
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New bank locker rules to EPF nomination: 4 Money-related changes that will kick in from today
Business | Jan 01, 2022, 09:52 AM ISTMany money-related developments are expected from January 2022. From ATM fees becoming costlier to new guidelines on bank lockers. Here are some key regulatory and operational changes that are likely to come into effect from 2022.
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EPFO adds 14.81 lakh net subscribers in August
Business | Oct 20, 2021, 08:54 PM ISTOf the total 14.81 lakh net subscribers, around 9.19 lakh new members have come under the social security ambit of EPFO for the first time.
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EPFO likely to credit 8.5% interest on EPF by this month, 6 cr subscribers to get benefited
Business | Dec 13, 2020, 12:06 PM ISTA highly placed source told PTI that the Labour Ministry has sent a proposal to the Finance Ministry to give concurrence to credit 8.5 per cent rate of interest on EPF for 2019-20 earlier this month.
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New EPFO Rules: EPF contribution cut to 10% for May, June, July. Key points to know
Personal Finance | May 19, 2020, 01:19 PM ISTThe Ministry of Labour & Employment has implemented new rules that allow for reduced employees' provident fund (EPF) contributions for three months till July. Here are key points to know about new EPF rules:
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12 lakh EPFO members withdraw Rs 3,360 cr retirement savings during lockdown: FM Sitharaman
Business | May 17, 2020, 02:59 PM ISTFinance Minister Nirmala Sitharaman on Sunday said around 12 lakh members of the Employees' Provident Fund Organisation (EPFO) withdrew Rs 3,360 crore retirement savings during the coronavirus-induced lockdown.
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12 lakh EPFO members withdraw Rs 3,360 cr retirement savings during lockdown: FM Sitharaman
Business | May 17, 2020, 02:41 PM ISTFinance Minister Nirmala Sitharaman on Sunday said around 12 lakh members of the Employees' Provident Fund Organisation (EPFO) withdrew Rs 3,360 crore retirement savings during the coronavirus-induced lockdown.
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Retirement fund body EPFO to accept Aadhaar as birth proof online from subscribers
Business | Apr 05, 2020, 07:44 PM ISTThe date of birth recorded in 'Aadhaar' will now be accepted as valid proof of date of birth for the purpose of rectification, provided that the difference in the two dates is less than 3 years. The Provident Fund subscribers can submit the correction requests online.
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PF Money: Step-by-step guide to withdraw EPF balance citing coronavirus
Business | Mar 30, 2020, 02:51 PM ISTEPFO has made a change in its EPF rule to allow subscribers non-refundable withdrawal of PF money. EPFO subscribers will be allowed to withdraw 75 per cent of PF balance or three months' wages, whichever is lower. EPF account holders can claim for 'advance' withdrawal via EPFO's unified portal -- unifiedportal-mem.epfindia.gov.in. Here's a step-by-step guide to withdraw EPF money citing COVID-19 outbreak.
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Provident Fund alert! You may lose 8.65% interest on EPF if you don't
Business | Oct 11, 2019, 07:21 AM ISTProvident Fund subscribers alert: The Employees' Provident Fund Organisation (EPFO) announced a big bonanza for around 6 crore employees. Union Labour Minister Santosh Gangwar announced the decision which said EPFO would now provide an 8.65 per cent interest rate on employees provident fund (EPF) for 2018-19 before Diwali festival.
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EPF Interest Alert! How and where to check PF balance in 3 simple ways
Business | Sep 25, 2019, 06:11 PM ISTGood news for over 6 crores EPF subscribers as the retirement fund body EPFO is all set to credit Rs 54,000 crore EPF interest for the year 2018-19 into their bank accounts. Here's How and where to check if EPF interest has been credited.
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EPFO: PF e-nomination facility for employees' launched. Get details
Business | Sep 19, 2019, 07:57 PM ISTProvident Fund alert! There's good news for salaried who have EPF account as the Employees’ Provident Fund Organization (EPFO) has now started online e-nomination facility for subscribers on its website. To be noted, filing e-nomination will help users to easily file an online pension claim at the required time.
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Big News for 6 crore employees! Centre to soon notify 8.65% interest rate on Employees' Provident Fund
Business | Aug 30, 2019, 01:55 PM ISTThe labour ministry will soon notify 8.65 per cent rate of interest on Employees' Provident Fund (EPF) for 2018-19, said Labour Minister Santosh Gangwar on Friday. He also added that the finance ministry does not disagree on this rate.
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FinMin ratifies 8.5% interest on PF deposits for 2012-13
India | May 15, 2013, 05:00 PM ISTNew Delhi, May 15: The Finance Ministry has approved payment of 8.5 per cent rate interest for 2012-13, up from 8.25 per cent in the previous fiscal, benefiting over 5 crore EPFO subscribers.“Finance Ministry has