Explore the latest EPFO news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.
Earlier an online facility was made available by EPFO for submitting Applications for Validation of ...
There are several social security programs that have been introduced under thenbspEmployees Provi...
The Employees Provident Fund Organisation EPFO has asked for Revised Estimates for the year...
EPFO announced that that EPS’95 Pensioners can now submit a Life Certificate at any time which will be valid for 1 year from the date of submission. The Digital Life Certificate for Pensioners Scheme of the Government of India known as Jeevan Pramaan seeks to address this very problem by digitizing the whole process of […]
EPFO’s provisional payroll data released highlights that EPFO has added 18.75 lakh net members in the month of July, 2023. The addition during the month is the highest since first publishing of EPFO payroll data from April, 2018 covering the period of September, 2017 onwards. A growing trend is continued since last three months with […]
There are several social security programs under the Employees’ Provident Fund Organisation (EPFO). EPFO has introduced a new initiative to facilitate Member Pensioner & Nominee /family members (in case of EDLI benefit) to calculate the eligible Pension & EDLI benefits. The Employees’ Provident Fund Organisation has recently shared a tweet from the official Twitter handle saying, “Benefits […]
The Central Government’s innovative employment incentive scheme, the Aatmanirbhar Bharat Rozgar Yojana (ABRY), has exceeded its initial employment generation goals, showcasing its success in fostering job creation and recovery during the COVID-19 pandemic. Launched effectively from October 1, 2020, the ABRY was designed to stimulate the creation of new job opportunities by extending financial support […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
