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: Sep 2023

EPFO

EPS pensioners can submit Life Certificate at any time for year

Sep 21, 2023

EPFO highest payroll addition . lakh net members in July

EPFOs provisional payroll data released highlights that EPFO has added . lakh net members in th...

EPFO

Sep 21, 2023

EPFO has shared Benefits of Pension EDLI Calculator

There are several social security programs under thenbspEmployees Provident Fund Organisationnbs...

EPFO

Sep 18, 2023

Aatmanirbhar Bharat Rozgar Yojana Surpasses Employment Generation Target

The Central Governments innovative employment incentive scheme, the Aatmanirbhar Bharat Rozga...

EPFO

Sep 11, 2023

Latest news: Aatmanirbhar Bharat Rozgar Yojana Surpasses Employment Generation Target - SightsIn Plus

EPFO

Employers will pay damages & interest on amount due, @Rate…

One of the World’s largest Social Security Organisations, The Employees’ Provident Fund Organisation (EPFO) employers defaulting on contributions are liable to pay damages and Interest on the amount due. The Employees Provident Fund Organisation said that employers defaulting on contributions are liable to pay Damages u/s 14B and interest u/s 7Q on the due amount. The employers […]

Sep 11, 2023

EPFO

EPFO Benefits Payable to Widow/Widower & Children under EPS-95

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 […]

Sep 8, 2023

EPFO

EPFO issues fresh guidelines for granting exemption to establishments

The Employees’ Provident Fund Organisation (EPFO) has issued a fresh standard operating procedure (SOP). These SOPs describe the process and proposals of establishments seeking exemptions from the operation of the Employee Provident Fund (EPF) scheme. INTRODUCTION Establishments that seek to maintain their own Provident Fund Trusts apply for a grant of exemption under Section 17 […]

Sep 7, 2023

EPFO

EPFO issues new process to update/correct name, date of birth etc

Employees’ Provident Fund Organization (EPFO) has issued a new procedure for Employees’ Provident Fund (EPF) members to correct or update their details. According to the circular issued by EPFO, a Standard Operating Procedure (SOP) has been issued to correct many other details including name, date of birth and gender of EPF members. Joint Declaration is […]

Sep 4, 2023

EPFO

SpiceJet has not paid PF dues for 18 months

According to CNBC Report, The second largest airline in India, SpiceJet has not deposited Employees’ Provident Fund (EPF) for 18 months in a major default and non-compliance with norms. The company has also not deposited Tax Deducted at Source (TDS) for employees since FY23. SpiceJet hasn’t cleared payments to various vendors and has been delaying salaries […]

Aug 25, 2023

EPFO

EPFO adds 17.89 lakh net members in June 23 highest since Aug 22

EPFO provisional payroll data released on 20th August, 2023 highlights that EPFO has added 17.89 lakh net members in the month of June, 2023. The data reveals that 3,491 establishments have extended social security cover of EPFO to their employees by remitting their first ECR during the month. Month-on month comparison of payroll data shows […]

Aug 21, 2023

EPFO

EPFO: Employers defaulting on contributions are liable to pay damages

Aug 17, 2023

EPFO

EPFO states PF interest credit will reflect shortly in the passbook

One of the World’s largest Social Security bodies, The Employees’ Provident Fund Organisation (EPFO) has stated that the PF interest credit will reflect shortly in the passbook. The EPFO shared a post on the social media platform saying, “The process is in the pipeline and may be shown there very shortly. Whenever the interest will […]

Aug 11, 2023

EPFO

Central Government Ratifies 8.15% Interest Rate on EPFO

Recently, The Central Government has ratified the interest rate of employees’ provident fund (EPF) subscribers to 8.15% which will cover over 6 crore subscribers. The circular said, “The Ministry of Labour and Employment, Government of India, has conveyed the approval of the Central Government under para 60(1) of Employees’ Provident Fund Scheme, 1952 to credit […]

Jul 24, 2023

EPFO

EPFO adds 16.30 lakh net members during the month of May, 2023

EPFO’s provisional payroll data released on 20th July, 2023 highlights that EPFO has added 16.30 lakh net members in the month of May, 2023. The data reveals that 3,673 establishments have extended social security cover of EPFO to their employees by remitting their first ECR during the month. The data indicates that around 8.83 lakh new […]

Jul 21, 2023

EPFO

Tomorrow is the last day to apply for a higher pension from EPS

The Employees’ Provident Fund Organisation (EPFO) has extended the deadline by 15 days to get a pension on higher wages from June 26 to July 11. Initially, the deadline was March 3. An online facility has been made available by EPFO for submitting Applications for Validation of Options/Joint Options for pension on higher wages. The […]

Jul 10, 2023

EPFO

Latest Update on EPS- 95 Higher Pension | Joint Options

Employees who are members of the EPS-95 and are in service/retired after 2014 can opt for a higher pension by filing a joint option application with the regional PF commissioner before 11/07/2023. Online facility has been made available by EPFO for submitting Applications for Validation of Option /Joint Options for pension on higher wages. The […]

Jul 5, 2023