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Provident Fund New Rule: EPFO Alert! Subscribers won't

EPFO Alert! Subscribers won't receive PF money if they fail to follow THIS rule

Business | Jul 09, 2021, 02:40 PM IST

The 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.

EPFO defers filing of PF return with Aadhaar seeded UANs till September 1

Business | Jun 16, 2021, 11:08 AM IST

The 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.

COVID-19 impact: EPFO allows members to avail second non-refundable advance

India | Jun 01, 2021, 07:47 AM IST

Members, 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 | Mar 16, 2021, 04:55 PM IST

Total 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.

Provident Fund ALERT! EPFO fixes 8.5% interest for 2020-21

Business | Mar 04, 2021, 02:59 PM IST

The 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.

EPFO likely to declare rate of interest on EPF deposits for 2020-21 on March 4

India | Feb 16, 2021, 02:52 PM IST

Retirement 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.

EPFO net new enrolments dip to 10.11 lakh in November 2020

Business | Jan 21, 2021, 10:45 AM IST

Provisional 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 | Dec 31, 2020, 05:25 PM IST

In 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.

EPFO likely to credit 8.5% interest on EPF for 2019-20 by this month, 6 cr subscribers get benefited

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 IST

A 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.

EPFO extends deadline to submit life certificate by pensioners till Feb 28

Business | Nov 28, 2020, 06:08 PM IST

The 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.

EPFO settled over 41 lakh COVID claims till September: MoS Santosh Gangwar

News | Nov 12, 2020, 10:17 AM IST

Minister of State for Labour and Employment (Independent Charge), Santosh Gangwar attended felicitation program for regional officials of CLC, EPFO and ESIC in Delhi.

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EPFO may credit first instalment of 8.5% interest by Diwali. How to check balance

Business | Oct 12, 2020, 08:42 AM IST

The Employees' Provident Fund Organisation (EPFO) is expected to credit the first instalment of the 8.5% interest to its subscribers by Diwali, a report by Live Hindustan said.

Part of 8.5% interest to be credited into accounts of 6 crore subscribers, EPFO says

Business | Sep 09, 2020, 03:00 PM IST

A part of 8.5 percent interest on employees provident fund (EPF) for 2019-20 into the account of its around 6 crore subscribers, retirement fund body EPFO said today.

TCS, HCL, Infosys among top 3 IT majors with maximum employees availing EPF advances

Business | Sep 07, 2020, 10:59 AM IST

Data shared by the Employees' Provident Fund Organisation (EPFO) has shown employees working with major IT companies have availed the maximum EPF advances. Following the coronavirus pandemic, EPFO offered members the opportunity to avail advance not exceeding three months’ basic wages and dearness allowances or up to 75% of the amount standing to the credit of their respective accounts.

Here's how EPFO is taking BIG steps to make things easier for its subscribers

Business | Aug 23, 2020, 10:46 AM IST

The Employee Provident Fund Organisation (EPFO) has made significant progress in Updating KYC of its Subscribers During July 2020 despite the coronavirus pandemic. In a big success that is likely to make things easier for people availing employee provident fund services, the EPFO has updated 2.39 Lakh Aadhaar Nos, 4.28 Lakh Mobile numbers & 5.26 Lakh Bank Accounts in the UAN of its subscribers.

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