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One of the World’s largest Social Security Organisations, the Employees’ Provident Fund Organisation (EPFO) has released its provisional payroll data. EPFO added 15.29 lakh net members in October 2023. Year-on-year comparison of payroll data reflects an increase of 18.22% in net membership over the previous year during October 2022. The data indicates that around 7.72 […]
One of the World’s largest Social Security Organisations, Employees’ Provident Fund Organisation (EPFO) has issued an updated set of FAQs (Revised) Frequently Asked Questions (FAQs) for the field offices for Implementation of the Judgment of the Hon’ble Supreme Court dated 04.11.2022. EPFO circular is currently issued saying, “Frequently Asked Questions (FAQS) for Implementation of Judgment […]
Recently the government has issued a data showing that over 7.63 Lakh new female EPF Subscribers enrolled during July to Sep. 2023. The government have also showed the bifurcation of States and UT of Cumulative Number of New EPF Subscribers enrolled during the last quarter (July, 2023 to September, 2023). The Employees’ Provident Fund Organisation […]
As per directions contained in paragraph 44(ix) read with paragraph 44(v) and 44(vi) of the Hon’ble Supreme Court judgment dated 04.11.2022, online applications were called by Employees’ Provident Fund Organisation (EPFO) on 29.12.2022, followed by corrigendum dated 05.01.2023, from pensioners who had retired before 01.09.2014. And had exercised joint option for contributing in pension fund […]
The Employees Provident Fund Organisation (EPFO) has released the provisional payroll data highlighting that EPFO has added 17.21 lakh net members in September 2023. Month-on-month comparison of payroll data shows an increase of 21,475 net members over August 2023. Year-on-year comparison of payroll data reflects an increase of 38,262 net members over the previous year of September […]
According to PTI, the Retirement fund body EPFO has given three more months until December 31, 2023, to employers for uploading wage details regarding higher pension. The deadline for uploading wage details which was ending on September 30 has been extended following representations from Employers & Employers’ Associations, according to a labour ministry’s release. “Now, […]
The Employees’ Provident Fund Organisation (EPFO) has started crediting the interest to provident fund (PF) accounts, the government body said in a statement. The rate of interest on the PF account investment for the financial year 2022-23 is 8.15%. Union Minister for Labour & Employment, Environment, Forest & Climate Change, Shri Bhupender Yadav has expressed satisfaction […]
One of the World’s largest Social Security Organisations, The Employees’ Provident Fund Organisation (EPFO) has recently updated the Employees Provident Fund marriage advance facility for members. The EPFO has recently shared a post on social media platform X (formally Twitter) saying, “Members can avail EPF marriage advance facility on completion of seven years of membership.” The […]
Union Minister for Labour & Employment, Environment, Forest & Climate Change, Shri Bhupender Yadav inaugurated the 71 Foundation Day of EPFO held at Bharat Mandapam, New Delhi through virtual mode. Bhupender Yadav further exhorted EPFO to become a hassle-free and technology-driven Organization. He expressed satisfaction that EPFO is giving 8.15% interest this year and has […]
One of the World’s largest Social Security Organisations, the Employees’ Provident Fund Organisation (EPFO) has asked all board members to be present at the 234th CBT meeting on next Tuesday likely to address Higher Pension issues. Recently, EPFO has extended three months for Employers to upload wage details, etc. online latest by 31.12.2023 regarding Pensions […]
The EPFO provisional payroll data released highlights that EPFO has added 16.99 lakh net members in the month of August, 2023. Year-on-year comparison of payroll data reflects a marginal increase in net members over the previous year of August, 2022. The data reveals that 3,210 establishments have extended social security cover of EPFO to their […]
Earlier an online facility was made available by EPFO for submitting Applications for Validation of Options/Joint Options for pension on higher wages. The facility was made available by EPFO for eligible pensioners/members in compliance with the Hon’ble Supreme Court order dated 04.11.2022. The facility was launched on 26.02.2023 and was to remain available only till […]