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: Dec 2021

EPFO

EPFO has made it compulsory to designate nominee, deadline is Dec

Dec 23, 2021

Air India employees to come under the ambit of EPFO from Jan ,

According to an ET report, after disinvestment, and acquisitions by Tata Group thousands of Air Indi...

EPFO

Dec 18, 2021

EPFO has credited . interest in . crore account holders for FY

Employees Provident Fund Organisation EPFO has credited an interest rate of . per cent in ....

EPFO

Dec 13, 2021

EPFO has made it compulsory to designate nominee, deadline is Dec

The Employees Provident Fund Organisation EPFO has made it compulsory for all EPF subscribe...

EPFO

Dec 13, 2021

EPFO

Employment Improves, 15.41 lakh net EPF subscribers added in Sept 2021

LFPR (Labour Force Participation Rate), WPR (Worker Population Ratio), and UR (Unemployment Rate) are the indicators reveal that the employment scenario has improved significantly over the years (as per PLFS data). In the year 2019-20, Labour Force Participation Rate for persons aged 15 years and above, rose significantly to 53.5 % as compared to 49.8 […]

Dec 9, 2021

EPFO

EPFO has credited 8.5% interest in 22.55 crore account holders for FY21

Employees’ Provident Fund Organisation (EPFO) has credited an interest rate of 8.50 per cent in 22.55 crore account holders for the financial year (FY) 2020-21, EPFO confirmed on Twitter. On 6th December 2021, EPFO said in a tweet, “22.55 crore accounts have been credited with an interest of 8.50% for the FY 2020-21” 22.55 crore […]

Dec 8, 2021

EPFO

Government forms four panels to look into EPFO functioning

According to The Hindu report, the Government of India has formed four ad-hoc board-level committees to look into the EPFO functioning for its different aspects, including IT, communications, and pension. Bhupender Yadav, Union Cabinet Minister of Labour and Employment, Environment, Forest and Climate Change in the Government of India who chairs the Central Board of […]

Dec 1, 2021

EPFO

EPFO adds 15.41 lakh net subscribers in September 2021

EPFO has released highlights that EPFO has added around 15.41 lakh net subscribers during the month of September 2021. For the month of September 2021, the net subscriber additions have increased by 1.81 lakh as compared to the previous month of August 2021 when it was 13.60 lakh. Out of the total 15.41 lakh net […]

Nov 23, 2021

EPFO

EPFO removes the requirement of PF transfer on job changes

In 229th Meeting of Central Board of Trustees, Employees’ Provident Fund Organisation (EPFO) has approved the development of centralised IT-enabled systems by the Centre for Development of Advanced Computing (C-DAC). This move will allow an employee’s PF account number to remain the same even after they change their jobs. So, after the EPFO decision, PF […]

Nov 22, 2021

EPFO

Just ahead of Diwali, EPF interest is to be credited soon for FY 2021

The government has approved 8.5 per cent rate of interest on employees’ provident fund (EPF) for 2020-21 fiscal, a source said. Just ahead of Diwali, this is good news for over five crore (50 million) subscribers of the Employees Provident Fund Organisation (EPFO). The 8.5 per cent rate of interest on provident fund deposits for […]

Oct 30, 2021

EPFO

EPFO adds 14.81 lakh net subscribers in August

The provisional payroll data of EPFO released on 20th October, 2021 highlights that EPFO has added around 14.81 lakh net subscribers during the month of August 2021. The data reflects a growing trend in net payroll for the first five months of the current financial year. For the month of August 2021, the net subscriber addition […]

Oct 22, 2021

EPFO

EPFO may soon credit interest for 2020-21 in subscribers account

EPFO, (Employees Provident Fund Organisation) is planning to bring some festive cheer to the salaried employees by crediting the interest declared for 2020-21 in the accounts of 6 crore subscribers. The interest rate of 8.5%, declared for 2020-21 in March this year, has been awaiting the finance ministry’s approval for over six months now. According to […]

Oct 12, 2021

EPFO

EPFO payroll data shows a growing trend in net payroll additions

The provisional payroll data of EPFO published on 20th September, 2021 reveals that EPFO has added around 14.65 lakh net subscribers during July, 2021. The data highlights a growing trend in net payroll additions for last four months. For the month of July 2021, the net subscriber addition has increased by 31.28% as compared to […]

Sep 21, 2021

EPFO

Over 27 lakh unorganized workers have registered on E-Shram portal

The Ministry of Labour Welfare and Employment is organizing various camps for registration of the unorganized workers on the E-shram portal. One such camp was set up at the Shram Shakti Bhavan in New Delhi today to register the Unorganized Labour working in various Ministries located in the building. Over 80 Workers are expected to […]

Sep 10, 2021

EPFO

EPFO Launches Aadhaar based e-Nomination

In order to facilitate EPF subscribers, EPFO has launched one more e-initiative i.e., Aadhaar based e-Nomination. The physical filing of nomination is done through submission of ‘Form 2 Revised’, now with the launch of the e-nomination facility, members themselves can file their nomination online, using this e-Nomination facility available in the member portal. The link […]

Sep 5, 2021

EPFO

EPFO subscribers to have 2 EPF accounts from now on- CBDT

Recently, the Central Board of Direct Taxes (CBDT) has announced that employees who are contributing more than Rs 2.5 lakhs in Employee Provident Fund Organisation (EPFO) in a fiscal year are required to maintain two separate accounts from the financial year 2022. According to Union Budget 2021 guidelines, interest on annual PF contributions of more […]

Sep 4, 2021