Epfo
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EPFO mulls increasing equity exposure limit to 25% days after cut in interest rate
Business | June 07, 2022 8:58 ISTEPF Interest Rate: It was in 2015 when the EPFO was first allowed to start investing in equities, but with a limit.
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EPF still top scorer despite cut in interest rate to 40-year low - 5 Reasons
June 05, 2022 11:24 ISTEPF Interest Rate: Contributions towards EPF accounts are done by the employee and the employer as well. The employer deposits the amount into the EPF account of employees directly on a monthly basis.
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Govt approves 8.1% EPF interest rate for 2021-22, lowest since 1977-78
Business | June 03, 2022 19:31 ISTEarlier in March this year, the Employees' Provident Fund Organisation (EPFO) had decided to lower the interest on provident fund deposits for 2021-22 to 8.1 per cent from 8.5 per cent provided in 2020-21.
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Mamata Banerjee slams Centre for cutting EPFO interest rates
India | March 13, 2022 16:31 ISTThe Employees Provident Fund Organisation (EPFO) on Saturday decided to lower the interest on provident fund deposits for 2021-22 to an over four-decade low of 8.1 per cent for its about five crore subscribers, from 8.5 per cent provided in 2020-21.
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Reduction in EPFO interest rate BJP's 'return gift' to people following assembly poll win: Congress
India | March 12, 2022 19:10 ISTInterest rate on employees' provident fund deposits on Saturday was proposed to be cut to a four-decade low of 8.1 per cent for the current 2021-22 fiscal from 8.5 per cent in the previous year.
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EPFO cuts interest rate to 8.1% from 8.5% for 2021-22 on EPF deposits
Business | March 12, 2022 14:36 ISTThe Employees' Provident Fund Organisation's (EPFO's) apex decision making body Central Board of Trustees has decided to provide 8.1 per cent rate of interest on Employees Provident Fund (EPF) for 2021-22 in its meeting held on Saturday, sources said.
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EPFO to take call on interest rate for 2021-22 in March
Business | February 13, 2022 13:50 ISTAsked whether EPFO would maintain the 8.5 per cent interest rate for 2021-22 as decided for 2020-21, Yadav, who also heads the CBT, said the decision would be taken on the basis of income projection for the financial year.
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EPFO adds 14.81 lakh net subscribers in August
Business | October 20, 2021 20:54 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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New Provident Fund Tax rules come into effect: Here's what will change now
Business | September 02, 2021 16:28 ISTPF Income Tax Section, PF Interest Taxable: PF accounts will be split into two separate accounts. Tax will be collected from employees' contributions exceeding Rs 2.5 lakh per year in the taxable account.
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No outages in Aadhaar-PAN, EPFO linking facility: Govt on reports of glitches
Business | August 30, 2021 10:06 ISTAmid reports of a "massive outage" in the IT system at UIDAI over the past week, the government on Saturday clarified that all the services were "stable" and "functioning fine".
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EPFO Alert! Subscribers won't receive PF money if they fail to follow THIS rule
Business | July 09, 2021 14:40 ISTThe Employees’ Provident Fund Organization (EPFO) has made it mandatory for its subscribers to link Aadhaar Card with PF UAN (universal account number) to continue receiving funds in their PF accounts from the employers and other benefits.
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EPFO defers filing of PF return with Aadhaar seeded UANs till September 1
Business | June 16, 2021 11:08 ISTThe EPFO had directed that PF returns shall be allowed to be filed only for those members whose Aadhaar numbers are seeded and verified with the UAN, with effect from June 1, 2021.
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COVID-19 impact: EPFO allows members to avail second non-refundable advance
India | June 01, 2021 7:47 ISTMembers, who have already availed of the first COVID-19 advance, can also opt for a second advance now. The provision and process for withdrawal of the second COVID-19 advance remain the same as in the case of the first advance.
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Job losses due to pandemic? EPFO closed 71.01 lakh accounts in April-December 2020
Business | March 16, 2021 16:55 ISTTotal withdrawals from EPF account in April-December 2020 rose to Rs 73,498 crore from Rs 55,125 crore in the corresponding period year ago.
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Provident Fund ALERT! EPFO fixes 8.5% interest for 2020-21
Business | March 04, 2021 14:59 ISTThe Employees' Provident Fund Organisation's (EPFO) apex decision-making body Central Board of Trustees decided to fix 8.5 per cent rate of interest for 2020-21 at its meeting in Srinagar on Thursday, sources said.
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EPFO likely to declare rate of interest on EPF deposits for 2020-21 on March 4
India | February 16, 2021 14:52 ISTRetirement fund body EPFO is likely to announce the rate of interest on provident fund deposits for the financial year 2020-21, on March 4, when its Central Board of Trustees will meet at Srinagar.
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EPFO net new enrolments dip to 10.11 lakh in November 2020
Business | January 21, 2021 10:45 ISTProvisional payroll data released by the Employees' Provident Fund Organisation (EPFO) last month had shown that net new enrolments were at 11.
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Good news! EPFO begins crediting 8.5% interest rate for over 6 crore members. Check details
Business | December 31, 2020 17:25 ISTIn what comes as pleasant news with the beginning of 2021, retirement fund body EPFO on Thursday began crediting 8.5 percent rate of interest on employees' provident fund (EPF) for 2019-20 for its over six crore members.
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EPFO likely to credit 8.5% interest on EPF by this month, 6 cr subscribers to get benefited
Business | December 13, 2020 12:06 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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EPFO extends deadline to submit life certificate by pensioners till Feb 28
Business | November 28, 2020 18:08 ISTThe Employees' Provident Fund Organisation (EPFO) has extended the deadline for submission of life certificates by pensioners till February 28, a move which would benefit over 35 lakh persons who could not submit the document by November due to coronavirus pandemic.
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