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EPFO Employees Provident Fund Organisation is likely to credit the Employees Provident Fund EPF...
Yesterday, Employees Provident Fund Organisation EPFO has allowed e-nomination facilities f...
The Employees Provident Fund Organisation EPFO is planning to hire a consultant for monitoring it...
Employees’ Provident Fund Organisation (EPFO) has finalized the interest rates on provident fund deposits for 2020-21 at 8.5%. EPFO is expected to credit 8.5% interest for the financial year 2020-21 till the end of July. According to sources, the interest amount is likely to be credited to the accounts of subscribers by end of July 2021, […]
The provisional payroll data of EPFO published on 20th July 2021 highlights that EPFO has added around 9.20 lakh net subscribers during the month of May, 2021. However, this is 28% less than the previous month. In the month of April this year, EPFO had added 12.76 lakh net subscribers. The Labour Ministry said, “Despite the crisis of […]
The government of India on Monday extended the wage subsidy scheme till 31 March 2022 via the Employees Provident Fund Organisation (EPFO) under Aatma Nirbhar Bharat Rozgar Yojana to boost job creation at the lower end of the salary structure informal jobs. Aatma Nirbhar Bharat Rozgar Yojana was launched on 1st Oct, 2020. It incentivises employers for […]
EPFO (Employees’ Provident Fund Organisation) has added around 12.76 lakh net subscribers during April, 2021. Despite the second wave of COVID-19 pandemic, April 2021 registered an increase of 13.73% net subscribers addition as compared to the previous month during which around 11.22 lakh net subscribers were added to the payroll. Data reflects that the numbers of […]
Yesterday, Retirement fund body EPFO (Employees’ Provident Fund Organisation) extended the deadline for mandatory Aadhaar-linking with universal account number (UAN) of individual subscribers by three months from June 1 to September 1, 2021. EPFO in an order said the date of implementation of ECR (electronic challan cum receipt or PF return) with Aadhar verified UANs has been […]
8.5% Interest Payout to be credited to the subscribers’ bank accounts by next month, July 2021 Employees’ Provident Fund Organisation (EPFO) has finalized the interest rates on provident fund deposits for 2020-21 at 8.5 per cent. The retirement body EPFO is likely to credit the interest amount in the accounts of its subscribers by July 2021. According […]
EPFO: Members who have already availed of the first COVID-19 advance can now opt for a second advance also Employees’ Provident Fund Organisation (EPFO), has allowed its subscribers to avail of a second non-refundable COVID-19 advance under Pradhan Mantri Garib Kalyan Yojana (PMGKY) amidst the second wave of the COVID-19 pandemic. Under this PMGKY scheme, […]
Govt simplifies Family Pension rules amid the COVID pandemic Union Minister of State (Independent Charge) Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr. Jitendra Singh informed that the Family Pension Rules have been simplified in view of the COVID pandemic. Giving a brief about the important […]
EPFO allows its subscribers to avail second COVID-19 advance amidst second wave of Covid-19 pandemic To support its subscribers during the second wave of COVID-19 pandemic, EPFO has now allowed its members to avail second non-refundable COVID-19 advance. The provision for special withdrawal to meet the financial need of members during pandemic was introduced in […]
Govt rolls out pension scheme for families of workers who died due to COVID-19 The Ministry of Labour and Employment has announced additional benefits for workers through ESIC and EPFO schemes to address the fear and anxiety of workers about the well-being of their family members due to increasing incidences of death due to COVID […]
Govt rolls out measures to help families who lost earning member due to COVID-19 Prime Minister Narendra Modi chaired an important meeting to discuss and deliberate on steps which can be taken to support children who have lost their parents due to Covid-19. PM announced a number of benefits to children impacted by the current […]
EPFO: How to claim EDLI benefit up to 7 lakh as relief for deceased employee’s families Labour Ministry has increased the death insurance benefits for subscribers of its employees’ deposit-linked Insurance (EDLI) scheme, at a time of surges in COVID-19 cases in India. In a gazette notification, EPFO said the minimum death insurance has been increased to Rs.2.5 […]
