Latest EPFO HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on EPFO.
Govt rolls out pension scheme for families of workers who died due to COVID- The Ministry of Labou...
Govt rolls out measures to help families who lost earning member due to COVID- Prime Minister Nare...
EPFO How to claim EDLI benefit up to lakh as relief for deceased employees families Labour...
EPFO adds 11.22 lakh net subscribers in the month of March, 2021 The provisional payroll data of EPFO has been published on 20th May, 2021 highlights that EPFO has added around 11.22 lakh net subscribers in the month of March, 2021. Despite Covid-19 pandemic, cumulative net payroll addition for FY 2021 is almost at par […]
EPFO increases death insurance under EDLI scheme to ₹7 lakh Labour Ministry on Friday increased the death insurance benefits for subscribers of its employees’ deposit-linked Insurance (EDLI) scheme, at a time of surges in COVID-19 cases in India. In a gazette notification, EPFO said the minimum death insurance has been increased to ₹2.5 lakh and the […]
69.58 lakh net subscribers added till February during the current financial year The provisional payroll data of EPFO has been published on 20th April 2021 highlights a growing trend with the addition of 12.37 lakh net subscribers during the month of February 2021. Despite the COVID-19 pandemic, EPFO has added around 69.58 lakh net subscribers during […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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) […]
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 […]
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 […]