EPFO: HR News, Trends & Workplace Insights

Explore the latest EPFO news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.

Updated on: Jul 2024

EPFO

Tata Motors Engages in Legal Battle with EPFO Over PF Transfer

Jul 29, 2024

EPFO has Schemes to Boost Employment under Budget -

The Union Budget - was released on July , with major initiatives for EPFO employees. In...

EPFO

Jul 26, 2024

EPFO Added a Historic Number of Members in May - Ministry

In a significant development, the Employees Provident Fund Organisation EPFO has reported the hig...

EPFO

Jul 22, 2024

EPFO Officers Appeal for IT Infrastructure Overhaul to Minister

The EPFO Association has urgently appealed to the Union Labour Minister to enhance the IT infrastruc...

EPFO

Jul 20, 2024

EPFO

EPFO to Launch 24×7 Multilingual Contact Centre Amid Criticism

The Employees’ Provident Fund Organisation (EPFO) is taking a proactive step to address subscriber grievances by establishing a round-the-clock multilingual “contact centre.” This move comes in response to recent criticism on social media platforms regarding delays in complaint resolution and rising rejection rates of settlement claims. EPFO’s Multilingual “Contact Centre” Also Watch: How GenAI Transforms […]

Jul 19, 2024

Compensation

EPFO Gains Strength: 27 Establishments Contribute ₹1,688 Crore

In a significant development, 27 establishments have voluntarily surrendered their exemption status over the past two years, resulting in the addition of approximately 30,000 employees to the Employees’ Provident Fund Organisation (EPFO). These establishments have collectively contributed ₹1,688.82 crore to the EPFO fund, reinforcing the organization’s financial stability and commitment to employee welfare. Background and […]

Jul 16, 2024

Compensation

EPFO Recovers ₹61 Crore Dues from SpiceJet: A Closer Look

The Employees’ Provident Fund Organisation (EPFO) has recently made headlines by recovering ₹61 crore in provident fund dues from SpiceJet, a prominent player in India’s aviation industry. This development sheds light on the financial health of the airline and its commitment to meeting its obligations toward employees. EPFO vs. SpiceJet: Background SpiceJet, like many other […]

Jul 13, 2024

Employment

EPFO’s Latest Rules: How to Freeze and Defreeze Your UAN

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 […]

Jul 10, 2024

EPFO

Government amends EPS rule for members with under six months

Government of India has amended the Employees’ Pension Scheme (EPS), 1995 to ensure that EPS members with less than 6 months of contributory service also receive withdrawal benefits. This amendment will benefit more than 7 lakh EPS members every year who leave the scheme with less than 6 months of contributory service. Further, according to […]

Jun 29, 2024

EPFO

EPFO adds 18.92 lakh net members during April 2024

EPFO released provisional payroll data highlighting that EPFO has added 18.92 lakh net members in April 2024. The addition during the month is the highest since first payroll data was published in April 2018. An increase of 31.29% has been registered in net member addition during the current month as compared to the previous month of March […]

Jun 20, 2024

EPFO

EPFO facial authentication technology sees surge 2.1 to 6.6 lakh

The Ministry of Labour & Employment announced the surge in the use of EPFO Facial Authentication Technology by EPS pensioners for Digital Life Certificate Submission. The Employees’ Provident Fund Organisation (EPFO) has more than 78 Lakh pensioners, who are required to submit a Life certificate every year for continuation of the pension being paid to […]

Jun 8, 2024

EPFO

EPFO Launches Software for online updating of member profiles

The Employees’ Provident Fund Organisation (EPFO) has implemented software for the online submission of changes to KYC details. A proper KYC and matching member profile facilitates EPFO in providing instant services like auto settlement of advances, auto transfer of PF account, e-nomination, etc. to the member without the need for any physical visits to any […]

Jun 3, 2024

EPFO

Finance Ministry approved 8.25% EPF interest rate for FY 2023-24

One of the World’s largest Social Security Organisations, Employees’ Provident Fund Organisation (EPFO) had proposed EPF Interest Rate of 8.25 % for FY 2023-24. The Central Board recommended an annual interest rate of 8.25% to be credited on EPF accumulations in members’ accounts for the financial year 2023-24. The proposed interest rate was pending for the Ministry […]

May 28, 2024

EPFO

EPFO: death claims can be processed without linking Aadhaar now

The Employees’ Provident Fund Organisation (EPFO) has introduced concessions for handling physical claims of deceased members whose Aadhaar details are not linked to their accounts. Announced on May 17, 2024, this amendment updates the previous order from September 9, 2020, regarding claim settlements in the absence of a Universal Account Number (UAN) when an employee […]

May 24, 2024

EPFO

EPFO adds 14.41 lakh net members during March 2024

One of the two main social security organization, The Employees’ Provident Fund Organisation (EPFO) has released the provisional payroll data on 20th May, 2024. The data that was published by EPFO highlighted that it had added 14.41 lakh net members in the month of March, 2024. The data indicates that around 7.47 lakh new members have been […]

May 21, 2024

EPFO

EPFO launches Auto Claim Settlement for Education, Marriage, Housing

The Employees’ Provident Fund Organisation (EPFO) has now introduced auto-mode settlement of advance claims for education & marriage and housing. EPFO has introduced an Auto Claim Solution where in claim is processed automatically by the IT system without any human intervention. Auto mode of claim settlement was introduced in April, 2020 for the purpose of advance […]

May 14, 2024

EPFO: HR News, Trends & Workplace Insights

Tata Motors Engages in Legal Battle with EPFO Over PF Transfer

EPFO has Schemes to Boost Employment under Budget -

EPFO Added a Historic Number of Members in May - Ministry

EPFO Officers Appeal for IT Infrastructure Overhaul to Minister

EPFO to Launch 24×7 Multilingual Contact Centre Amid Criticism

EPFO Gains Strength: 27 Establishments Contribute ₹1,688 Crore

EPFO Recovers ₹61 Crore Dues from SpiceJet: A Closer Look

EPFO’s Latest Rules: How to Freeze and Defreeze Your UAN

Government amends EPS rule for members with under six months

EPFO adds 18.92 lakh net members during April 2024

EPFO facial authentication technology sees surge 2.1 to 6.6 lakh

EPFO Launches Software for online updating of member profiles

Finance Ministry approved 8.25% EPF interest rate for FY 2023-24

EPFO: death claims can be processed without linking Aadhaar now​

EPFO adds 14.41 lakh net members during March 2024

EPFO launches Auto Claim Settlement for Education, Marriage, Housing

EPFO: death claims can be processed without linking Aadhaar now