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In a significant development, establishments have voluntarily surrendered their exemption status ...
The Employees Provident Fund Organisation EPFO has recently made headlines by recovering cror...
The Employees Provident Fund Organisation EPFO has introduced new rules regarding the freezing an...
The Ministry of Labour & Employment announced the surge in the use of EPFO Facial Authentication Technology by EPS pensioners for Digital Life Certificate Submission. The Employees’ Provident Fund Organisation (EPFO) has more than 78 Lakh pensioners, who are required to submit a Life certificate every year for continuation of the pension being paid to […]
The Employees’ Provident Fund Organisation (EPFO) has implemented software for the online submission of changes to KYC details. A proper KYC and matching member profile facilitates EPFO in providing instant services like auto settlement of advances, auto transfer of PF account, e-nomination, etc. to the member without the need for any physical visits to any […]
One of the two main social security organization, The Employees’ Provident Fund Organisation (EPFO) acknowledges the recent judgment issued by the esteemed High Court of Karnataka. India presently has social security agreements with 21 countries. These agreements ensure continued social security coverage for employees from these nations on a mutually reciprocal basis. When citizens from […]
One of the two main social security organization, the Employees Provident Fund Organisation (EPFO) provisional payroll data was released on 20 April 2024. The data that was shared highlights that EPFO has added 15.48 lakh net members in February 2024. However, in January EPFO has added 16.02 lakh net members in the month. The data […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
