Employees Provident Fund Organisation: HR News, Trends & Workplace Insights

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

Updated on: Jun 2024

EPFO

EPFO facial authentication technology sees surge . to . lakh

Jun 8, 2024

EPFO Launches Software for online updating of member profiles

The Employees Provident Fund Organisation EPFO has implemented software for the online submission...

EPFO

Jun 3, 2024

EPFO Evaluates Action for Recent Judgment on International Workers

One of the two main social security organization, The Employees Provident Fund Organisation ...

EPFO

May 8, 2024

EPFO Feb addition - Age Group Dominates at .

One of the two main social security organization, the Employees Provident Fund Organisation EPFO p...

EPFO

Apr 22, 2024

EPFO

EPFO new rule allows Rs. 1 lakh partial withdrawal for medical needs

One of the two main social security organization under the Government of India’s Ministry of Labour and Employment, The Employees’ Provident Fund Organisation (EPFO) has revised the eligibility threshold for auto claim settlements under Paragraph 68J, doubling it from Rs. 50,000 to Rs. 1 lakh. This initiative, outlined in a recent circular, aligns with the […]

Apr 18, 2024

EPFO

Youth (18-25 age) dominate Jan. 2024 New Member Additions Data

One of the World’s largest Social Security Organisations, Employees’ Provident Fund Organisation (EPFO) has released its provisional payroll data on 24th March 2024 highlights that a noticeable aspect of Youth (18-25 age) dominated in January 2024 New Member Additions Data. The data is the dominant of the 18-25 age group, constituting a significant 56.41% of the […]

Mar 26, 2024

EPFO

EPFO: Relief for EPF Members, Declaration Form Update

As reported by the ET, one of the two main social security organization under the Government of India’s Ministry of Labour and Employment, The Employees’ Provident Fund Organisation (EPFO) has specified that the EPF account holders will be exempted from submitting a joint declaration form, a vital document requiring both employee and employer signatures. In […]

Mar 11, 2024

EPFO

EPFO warns default employers not contributing employee PF fund

One of the World’s largest Social Security Organisations, The Employees’ Provident Fund Organisation (EPFO) warned employers defaulting on contributions, are liable to pay damages and Interest on the amount due. EPFO said that employers defaulting on contributions are liable to pay Damages u/s 14B and interest u/s 7Q on the due amount. The employers should ensure timely payment […]

Mar 8, 2024

EPFO

EPFO enrolled 8.41 lakh new members during December 2023

One of the World’s largest Social Security Organisations, Employees’ Provident Fund Organisation (EPFO) has released the provisional payroll data on 20th February, 2024. The data that was released by EPFO highlighted that it added 15.62 lakh net members in the month of December, 2023 which is highest in last three months. There has been an increase of […]

Feb 21, 2024

EPFO

EPFO: Know all about EPF advance on illness

One of the World’s largest Social Security Organisations, the Employees’ Provident Fund Organisation (EPFO) has shared information about EPF Advance on illness Eligibility for EPF advance withdrawal due to medical reasons Certain conditions have to be fulfilled for advance withdrawal of Employees’ Provident Fund: Conditions Amount: The basic wages and DA for six months or […]

Jan 15, 2024

EPFO

EPFO payroll data reflects increase of 18.22% in net membership

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 […]

Dec 21, 2023

EPFO

7.63 Lakh new female EPF Subscribers enrolled during July to Sep. 2023

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 […]

Dec 12, 2023

EPFO

EPFO added 17.21 lakh net members during September 2023

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 […]

Nov 21, 2023

EPFO

EPFO Update: EPF marriage advance facility for members

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 […]

Nov 8, 2023

EPFO

EPFO has already credited interest in more than 24 crore accounts

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 […]

Nov 4, 2023

EPFO

EPFO calls CBT meeting likely to address Higher Pension issues

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 […]

Oct 25, 2023