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: May 2021

EPFO

EPFO How to claim EDLI benefit up to lakh as relief for deceased employees families

May 25, 2021

EPFO adds . lakh net subscribers in the month of March,

EPFO adds . lakh net subscribers in the month of March, The provisional payroll data of EPF...

EPFO

May 22, 2021

EPFO increases death insurance under EDLI scheme to lakh

EPFO increases death insurance under EDLI scheme to lakh Labour Ministry on Friday increased the ...

EPFO

May 2, 2021

EPFO adds . lakh net subscribers in the month of Feb

. lakh net subscribers added till February during the current financial year The provisional pay...

EPFO

Apr 20, 2021

EPFO

EPFO to Organize Grievance Meeting on April 12

EPFO to Organize Grievance Meeting on April 12, 2021 The next ‘Nidhi Aapke Nikat’ or ‘PF near you’ will be held at Regional PF Office, Marripalem Vuda layout, here on April 12. ‘Nidhi Aapke Nikat’ or ‘PF near you’ caters to the very purpose of strengthening the grievance redressal mechanism. This programme is an attempt […]

Mar 29, 2021

EPFO

CBI arrests EPFO officer, two others in an alleged bribery case

CBI arrests EPFO officer, two others in an alleged bribery case The Central Bureau of Investigation has arrested an Enforcement Officer of Employees Provident Fund Organisation (EPFO), Tiruppur (Tamil Nadu) and two private persons in an alleged bribery case of Rs.4 lakh. A case was registered against an Enforcement Officer, EPFO, and two private persons […]

Mar 27, 2021

EPFO

Provident Fund: Govt raises threshold limit to 5 lakh for tax-free interest

Provident Fund: Govt raises threshold limit to 5 lakh for tax-free interest Finance Minister Nirmala Sitharaman on Tuesday raised the limit for tax exemption on interest earned on provident fund contribution by employees to Rs 5 lakh per annum in specified cases as against Rs 2.5 lakh proposed in the Budget. In her Budget for […]

Mar 23, 2021

EPFO

EPFO enrolled 13.36 lakh net subscribers in the month of January 2021

EPFO enrolled 13.36 lakh net subscribers in the month of January 2021 and around 62.49 lakh subscribers during the current financial year The provisional payroll data of EPFO published on 20th March, 2021 highlights a growing trend of subscriber base with the addition of 13.36 lakh net subscribers during the month of January, 2021. Despite COVID-19 pandemic, EPFO added around 62.49 lakh subscribers […]

Mar 22, 2021

EPFO

EPFO closed 71.01 lakh EPF accounts in April-Dec 2020

EPFO closed 71.01 lakh EPF accounts in April-Dec 2020 Retirement fund body EPFO closed 71.01 lakh employees’ provident fund (EPF) accounts during April-December in 2020 post pandemic which is higher than 66.66 lakh in the same period year ago, Parliament was informed on Monday. The government had imposed lockdown to contain the COVID-19 pandemic on […]

Mar 16, 2021

EPFO

EPFO plans to create a separate fund for voluntary subscribers

EPFO plans to create a separate fund for voluntary subscribers According to the ET report, The government of India plans to create a separate fund under the Employees’ Provident Fund Organisation (EPFO) for contributions from individuals who join the scheme voluntarily once it is thrown open to everyone. The launch of this separate fund would […]

Mar 10, 2021

EPFO

EPFO keeps 8.50% interest rate for the FY 2020-21

Central Board recommends 8.50 % rate of interest to its subscribers for the year 2020-21 The 228th meeting of Central Board of Trustees, EPF was held today in Srinagar, Jammu & Kashmir under the chairmanship of Shri Santosh Kumar Gangwar, Union Minister of State for Labour & Employment(Independent Charge), Vice-Chairmanship of Shri Apurva Chandra, Secretary(L&E) […]

Mar 4, 2021

EPFO

EPFO extended social security benefits to the subscribers of J&K and Ladakh

EPFO extended social security benefits to the subscribers of J&K and Ladakh The 228th meeting of Central Board of Trustees, EPF was held today in Srinagar, Jammu & Kashmir under the chairmanship of Shri Santosh Kumar Gangwar, Union Minister of State for Labour & Employment (Independent Charge), Vice-Chairmanship of Shri Apurva Chandra, Secretary(L&E) and the Member […]

Mar 4, 2021

EPFO

Higher EPF contribution to be taxable from April 1, but…?

Higher EPF contribution to be taxable from April 1, but…? Union Finance minister Nirmala Sitharaman had announced in the Budget 2021-22 that interest earned on individual PF contributions over Rs 2.5 lakh in a financial year will be taxable from the next financial year. The move is set to impact people with high incomes and […]

Feb 25, 2021

EPFO

EPFO likely to declare rate of interest on EPF deposits for 2020-21 on March 4

EPFO likely to declare rate of interest on EPF deposits for 2020-21 on March 4 The Employees’ Provident Fund Organisation (EPFO) is likely to take up the proposal to announce the rate of interest for 2020-21 at its Central Board of Trustees (CBT) meeting at Srinagar, scheduled on March 4, the source said. K E […]

Feb 21, 2021

EPFO

EPFO adds 12.54 lakh net subscribers in December 2020

EPFO adds 12.54 lakh net subscribers in December 2020: Ministry of Labour & Employment The provisional payroll data of EPFO published on 20th February 2021 highlights a positive trend for net subscribers base growth with addition of 12.54 lakh subscribers in the month of December 2020. The data reflects an increase of 44 % in net subscribers addition […]

Feb 20, 2021

EPFO

Mismatch of KYC data holds-up EPF interest for 4 mn subscribers

Mismatch of KYC data holds-up EPF interest for 4 mn subscribers Retirement fund body EPFO was likely to credit 8.5 per cent rate of interest for 2019-20 in the employees’ provident fund (EPF) accounts of around six crore subscribers in one go on Diwali and then at end of December 2020 but around 4 million subscribers of […]

Feb 15, 2021