EPFO: HR News, Trends & Workplace Insights

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

Updated on: Mar 2024
EPFO officer arrested by CBI for accepting bribe
Industry

EPFO officer arrested by CBI for accepting bribe

The Central Bureau of Investigation (CBI) has arrested an accused Enforcement Officer, EPFO, Tirunelveli, Tamil Nadu while accepting a bribe amount of Rs. 2 lakh from the complainant. The CBI has initiated a case against an Enforcement Officer from EPFO, Tirunelveli, Tamil Nadu, on the grounds of a complaint. The accused is alleged to have […]

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EPFO fixes 3-year high interest rate of 8.25% for FY 2023-24
EPFO

EPFO fixes 3-year high interest rate of 8.25% for FY 2023-24

One of the World’s largest Social Security Organisations, the Employees’ Provident Fund Organisation (EPFO) has fixed the interest rate as 8.25 % for FY 2023-24. The Central Board recommended an annual rate of interest of 8.25% to be credited on EPF accumulations in members’ accounts for the financial year 2023-24. This interest rate will be […]

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EPFO Assistant Commissioner arrested in bribery case in Lucknow
Industry

EPFO Assistant Commissioner arrested in bribery case in Lucknow

The Central Bureau of Investigation (CBI) has arrested Assistant Provident Fund Commissioner (APFC), Enforcement Officer of EPFO, and a private person (middleman) in Lucknow. The CBI laid a trap and apprehended the enforcement officer and the middleman while they were accepting a bribe of Rs 8 lakh from the complainant. The accused who have been arrested […]

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EPFO adds 13.95 lakh net members during November 2023
EPFO

EPFO adds 13.95 lakh net members during November 2023

One of the World’s largest Social Security Organisations, The Employees’ Provident Fund Organisation (EPFO) has released its provisional payroll data on 20th January, 2024. The data highlights that EPFO has added 13.95 lakh net members in November 2023. However, In October 2023 EPFO added 15.29 lakh net members. The data indicates that around 7.36 lakh new members enrolled in […]

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EPFO: Know all about EPF advance on illness
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 […]

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EPFO further extends deadline to upload wage details till May 31
EPFO

EPFO further extends deadline to upload wage details till May 31

EPFO comes with another extension of the deadline for employers to upload wage details of employees opting for higher pensions till 31st May 2024. Earlier the deadline was December 31, 2023. EPFO received around 1.74 million applications from the members opting for higher pensions till July 11, 2023, the last date for employees to apply for […]

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EDLI to provide benefit up to Rs. 7 lakh paid to the nominee
EPFO

EDLI to provide benefit up to Rs. 7 lakh paid to the nominee

Several social security programs have been introduced under the Employees’ Provident Fund Organisation (EPFO). Recently, the Employees’ Provident Fund Organisation (EPFO) shared a post on X (formally Twitter) saying, “Employees’ Deposit Linked Insurance (EDLI) Scheme, 1976, is an important social security measure. Here are the main features of the EDLI scheme.” Employees' Deposit Linked Insurance (EDLI) Scheme, […]

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EPFO extends last date to upload wage details for higher pension by 5 months
EPFO

EPFO extends last date to upload wage details for higher pension by 5 months

One of the World’s largest Social Security Organisations, the Employees’ Provident Fund Organisation (EPFO) has extended the last date to upload wage details for higher pension by 5 months. Earlier, EPFO facility was for eligible pensioners/members in compliance with the Hon’ble Supreme Court order dated 04.11.2022. The facility was launched on 26.02.2023 and was to remain […]

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EPFO has issued SOPs to freeze, defreeze EPF accounts
EPFO

EPFO has issued SOPs to freeze, defreeze EPF accounts

The EPFO has recently issued a circular for “Standard Operating Procedure (SOP)” for freezing and de-freezing of provident fund (PF) accounts”. The SOPs can provide for a time-bound methodology for freezing MIDs/UANs/Establishments on account of verification requirement, as a measure of due diligence to secure the funds in these MIDs/UANs/Establishments and the subsequent de-freezing, wherever […]

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EPFO payroll data reflects increase of 18.22% in net membership
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 […]

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EPFO releases FAQs on issues linked to higher pension
EPFO

EPFO releases FAQs on issues linked to higher pension

One of the World’s largest Social Security Organisations, Employees’ Provident Fund Organisation (EPFO) has issued an updated set of FAQs (Revised) Frequently Asked Questions (FAQs) for the field offices for Implementation of the Judgment of the Hon’ble Supreme Court dated 04.11.2022. EPFO circular is currently issued saying, “Frequently Asked Questions (FAQS) for Implementation of Judgment […]

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7.63 Lakh new female EPF Subscribers enrolled during July to Sep. 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 […]

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