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Employees Provident Fund Organisation EPFO has issued a clarification stating that overlapping se...
Employees Provident Fund Organisation EPFO recorded a net addition of . lakh members in March...
Employees Provident Fund Organisation EPFO, under the Ministry of Labour and Employment, has take...
Employees’ Provident Fund Organisation (EPFO), one of the largest social security organizations globally, has expanded its banking network by empanelling 15 additional banks for the collection of EPFO contributions. This move takes the total number of empanelled banks to 32, significantly enhancing accessibility for employers and members. The expansion aligns with EPFO’s mission to simplify […]
Employees’ Provident Fund Organisation (EPFO) has introduced several transformative changes to its claim settlement process, effective from April 1, 2025. These reforms aim to enhance efficiency, reduce paperwork, and improve the overall experience for its 7.5 crore members. With a focus on digitization and automation, EPFO is setting new benchmarks in service delivery, ensuring faster […]
Employees’ Provident Fund Organisation (EPFO) has announced that the interest rate on provident fund (PF) deposits will remain at 8.25% for the financial year 2024-25. This decision, made during the Central Board of Trustees (CBT) meeting on February 28, 2025, is expected to benefit over 70 million EPFO subscribers. Alongside this announcement, the CBT also […]
Employees’ Provident Fund Organisation (EPFO) has introduced significant amendments to Employees’ Deposit Linked Insurance (EDLI) scheme, aimed at strengthening financial security for the families of deceased EPF members. These changes were approved during the 237th meeting of the Central Board of Trustees (CBT) on February 28, 2025. They are expected to benefit thousands of families […]
EPFO is set to undergo several significant changes in 2025, impacting millions of salaried individuals across India. These changes aim to enhance the retirement savings experience, streamline processes, and improve transparency for both employees and employers. Here are some important new rules which could be implemented in 2025 to benefit EPFO members. EPFO 2025: ATM […]
The Secretary of Labour & Employment chaired the 109th Meeting of the Executive Committee of Central Board of the Employees’ Provident Fund Organisation (EPFO). The meeting, held in New Delhi, addressed various key issues and initiatives aimed at enhancing the welfare and benefits of EPFO members. Key Highlights of EPFO 109th Meeting The committee discussed […]
The Employees’ Provident Fund Organisation (EPFO) has reported a significant net addition of 18.53 lakh members in August 2024, marking a 9.07% year-on-year increase compared to the same month in 2023. This growth reflects the rising employment opportunities and heightened awareness of employee benefits, bolstered by EPFO’s effective outreach initiatives. Surge in New EPFO Memberships […]
Union Minister of Labour & Employment and Youth Affairs & Sports, Dr. Mansukh Mandaviya, unveiled the Employees’ Provident Fund Organisation (EPFO)’s provisional payroll data for the month of July 2024. This release marks a historic milestone, as it represents the highest recorded increase in net members since payroll data tracking began in April 2018. Overall […]
The Employees’ Provident Fund Organisation (EPFO) has witnessed a significant surge in net member additions during June 2024. This growth reflects both increased employment opportunities and the effectiveness of EPFO’s outreach programs. Key Findings from EPFO Total Net Members Added: In June 2024, EPFO added a remarkable 19.29 lakh net members, marking a substantial increase […]
In a significant move aimed at streamlining EPFO processes and enhancing member convenience, Union Minister for Labour & Employment and Youth Affairs & Sports, Dr. Mansukh Mandaviya, inaugurated the ‘Online Facility for Surrender of Exemption from EPF Scheme’ in New Delhi. This cutting-edge online module, part of the EPFO Central IT System 2.01, promises to […]
The Employees’ Provident Fund Organisation (EPFO) continues its commitment to educating members and pensioners by organizing its 5th live session. Scheduled for 13th August 2024 at 12 noon, this interactive event will focus on the crucial topic of “EPF Transfer.” Whether you’re a working professional, a retiree, or someone planning for the future, understanding EPF transfer processes is […]
The Union Budget 2024-25 was released on July 23, 2024 with major initiatives for EPFO employees. In her Budget speech, Union Finance Minister Nirmala Sitharaman announced three employment-linked incentive schemes. These are aimed at increasing hiring and recognizing the contributions of first-time employees. These schemes are closely tied to enrolment in the Employees’ Provident Fund […]
