Employee Provident Fund: HR News, Trends & Workplace Insights

Latest Employee Provident Fund HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Employee Provident Fund.

Updated on: Sep 2023

EPFO

EPFO issues fresh guidelines for granting exemption to establishments

Sep 7, 2023

EPFO issues new process to updatecorrect name, date of birth etc

Employees Provident Fund Organization EPFO has issued a new procedure for Employees Provident Fu...

EPFO

Sep 4, 2023

SpiceJet has not paid PF dues for months

According to CNBC Report, The second largest airline in India, SpiceJetnbsphas not deposited Emplo...

EPFO

Aug 25, 2023

SpiceJet has not paid PF dues for months

EPFO adds . lakh net members in June highest since Aug

EPFO provisional payroll data released on th August, highlights that EPFO has added . lak...

EPFO

Aug 21, 2023

EPFO

EPFO: Employers defaulting on contributions are liable to pay damages

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 […]

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

Industry

CBI books EPFO official, 13 Jet Airways employees: PF fraud case

The Central Bureau of Investigation (CBI) has registered an FIR against an EPFO official, and 13 ex-employees of Jet Airways in the PF claims fraud case. The FIR Copy read, “Bamne was found to be involved in various fraudulent activities. While working as Dealing Assistant in Accounts Section in Kandivli, Bamne received illegal gratification in his […]

Jul 14, 2023

EPFO

Higher Pension: Employer’s contribution to EPS will be 9.49%

The Hon’ble Supreme Court, in its judgment dated 04.11.2022 in Civil Appeal No. 8143-8144 of 2022 titled the Employees Provident Fund Organisation & Anr. etc. Vs. Sunil Kumar B. and Ors. etc., while upholding the validity of the amendments made to the Employees’ Pension Scheme,1995 (EPS,1995) vide G.S.R 609 (E) dated 22.08.2014 (effective from 01.09.2014) had […]

May 12, 2023

EPFO

EPFO extends deadline for opting higher pension to June 26

The retirement fund body of the Employees’ Provident Fund Organisation (EPFO) on Tuesday extended the deadline to apply for higher pension till June 26. The initial last date to apply for the provision of a higher pension was March 3, 2023. EPFO has extended the last day to opt for a higher pension by 60 […]

May 3, 2023

EPFO

EPFO deadline for higher pension is ending on May 3, Apply

One of the World’s largest Social Security Organisations, Employees’ Provident Fund Organisation (EPFO) released a circular for eligible employees to opt for a higher pension under Employees Pension Scheme (EPS-95). The earlier last date to apply for the provision of a higher pension was March 3, 2023. EPFO has extended the last day to opt for a […]

Apr 27, 2023

EPFO

EPFO is hiring for over 2500 vacant positions, last date Apr 26

One of the World’s largest Social Security Organisations, Employees’ Provident Fund Organisation (EPFO) is hiring for positions including Stenographer & Social Security Assistant. Details for the position of Stenographer Online Applications are invited for filling up the Post of Stenographer (Group C) in Employees’ Provident Fund Organization.1.1 Candidate can apply for the above posts through […]

Apr 20, 2023

EPFO

EPFO adds 13.96 lakh net members in the month of Feb, 2023

The provisional payroll data of Employees’ Provident Fund Organisation (EPFO) released highlights that EPFO has added 13.96 lakh net members in the month of February, 2023. Out of 13.96 lakh members added during the month, around 7.38 lakh new members have come under ambit of EPFO for the first time. Among the newly joined members, […]

Apr 19, 2023

EPFO

Just before SC hearing EPFO higher pension form was “missing”

Recently, The Employees’ Provident Fund Organisation (EPFO) unified members’ portal has been activated for opting for higher pensions. However, as per the reports of TOI, it stated that the retiree Registration forms on the unified portal for subscribers to sign up for pension went missing for a few hours on Tuesday. This comes just before Supreme […]

Mar 22, 2023

EPFO

EPFO extends last day to opt for higher pension by 60 days

One of the World’s largest Social Security Organisations, Employees’ Provident Fund Organisation (EPFO) has recently released a circular for eligible employees to opt for a higher pension under Employees Pension Scheme (EPS-95). The earlier last date to apply for the provision of a higher pension was March 3, 2023. Now, EPFO has extended the last day to […]

Feb 27, 2023