Latest EPFO HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on EPFO.
The Employees Provident Fund Organisation EPFO has issued a fresh standard operating proced...
Employees Provident Fund Organization EPFO has issued a new procedure for Employees Provident Fu...
EPFO provisional payroll data released on th August, highlights that EPFO has added . lak...
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 […]
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 […]
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 […]
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 […]
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 […]
The Employees’ Provident Fund Organisation (EPFO) has extended the deadline by 15 days to get a pension on higher wages from June 26 to July 11. Initially, the deadline was March 3. An online facility has been made available by EPFO for submitting Applications for Validation of Options/Joint Options for pension on higher wages. The […]
Employees who are members of the EPS-95 and are in service/retired after 2014 can opt for a higher pension by filing a joint option application with the regional PF commissioner before 11/07/2023. Online facility has been made available by EPFO for submitting Applications for Validation of Option /Joint Options for pension on higher wages. The […]
According to EPFO, currently, the deadline to apply for a higher pension under the EPS is June 26, 2023 The deadline has been already extended two times earlier. 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 […]
EPFO’s provisional payroll data released on 20th June, 2023 indicates significant increase on several key parameters. It reveals that EPFO has added 17.20 lakh net members in the month of April, 2023 as compared to the net addition of 13.40 lakh during the previous month of March, 2023. Year-on-year, an increasing trend has been observed in […]
Aiming for more clarity on how to claim a higher pension, Employees’ Provident Fund Organisation (EPFO) has recently issued a circular on the list of documents to be submitted for claiming higher EPS-95 & pension computation method. The circular also elaborates on what all documents one can submit if one is not able to furnish […]
One of the World’s largest Social Security Organisations, The Employees’ Provident Fund Organisation (EPFO) sets 20 days deadline for field offices for validation of joint applications under EPS-95, higher pension. EPFO has issued a circular dated June 2, 2023, that has provided the information regarding the joint declaration option. The EPFO aims to streamline the […]
On Friday, May 26, 2023, the special CBI Court of Chandigarh sentenced two EPFO Sector 17, Chandigarh officers to six years imprisonment for accepting a bribe of Rs 2 lakh in 2015. According to Indian Express, two EPFO officers Vijay Rawat and Bachittar Singh are found guilty under Sections 7 of the Prevention of Corruption […]
