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: Dec 2020
Govt disbursed around Rs 13300 crores thru EPFO COVID-19 advance claim: Santosh Gangwar
Labour Law

Govt disbursed around Rs 13300 crores thru EPFO COVID-19 advance claim: Santosh Gangwar

Govt disbursed around Rs 13300 crores thru EPFO COVID-19 advance claim: Santosh Gangwar Mumbai, December 16, 2020: The central government has approved more than 52 lakh claims and disbursed around Rs 13300 crores through the Employment Provident Fund organisation (EPFO)’s special COVID-19 advance claim to help out the formal sector workers, stated Minister of State, Labour, […]

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EPFO: 8.5% interest on EPF likely to be credited by month-end
EPFO

EPFO: 8.5% interest on EPF likely to be credited by month-end

EPFO: 8.5% interest on EPF likely to be credited by month-end Retirement fund body EPFO is likely to credit 8.5 percent rate of interest for 2019-20 in the employees’ provident fund (EPF) accounts of around six crore subscribers in one go by the end of December, news agency PTI has reported. Earlier in September this […]

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8.5% PF interest to be paid in One Go, Not in Two parts
EPFO

8.5% PF interest to be paid in One Go, Not in Two parts

8.5% PF interest to be paid in One Go, Not in Two installments According to an NDTV report, Union Labour Ministry has moved a proposal to the Finance Ministry for the transfer of the entire consolidated amount of annual interest payments to Employees’ Provident Fund Organisation (EPFO) subscribers in one go. As per the report, […]

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Cabinet approves Atmanirbhar Bharat Rojgar Yojana with changes in EPF
Jobs

Cabinet approves Atmanirbhar Bharat Rojgar Yojana with changes in EPF

Cabinet approves Atmanirbhar Bharat Rojgar Yojana (ABRY) with changes in EPF The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi, has given its approval for Atmanirbhar Bharat Rojgar Yojana (ABRY) to boost employment in the formal sector and incentivize creation of new employment opportunities during the Covid recovery phase under Atmanirbhar Bharat Package […]

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EPF Act provisions applicable to private security agency: Supreme Court
EPFO

EPF Act provisions applicable to private security agency: Supreme Court

Employees’ Provident Fund (EPF) Act provisions applicable to private security agency: Supreme Court The provisions of the Employees” Provident Fund Act are applicable to private security agencies providing personnel to clients, the Supreme Court said on Wednesday. A bench of Justices Navin Sinha and Surya Kant said the appellant company is engaged in the specialised […]

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EPFO extends time limit for submission of Life Certificate
EPFO

EPFO extends time limit for submission of Life Certificate

EPFO extends time limit for Pensioners upto 28th February 2021 for submission of Jeevan Pramaan Patra, 35 Lakh pensioners with EPFO to benefit In view of the ongoing COVID-19 pandemic and the vulnerability of elderly population to Corona Virus, EPFO has extended the time limit up to 28th February 2021 for submission of Life Certificate […]

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EPFO gets Platinum Partner Award for highest transactions on UMANG App
EPFO

EPFO gets Platinum Partner Award for highest transactions on UMANG App

EPFO conferred with Platinum Partner Award for highest transactions on UMANG App On the occasion of completion of 3 years of UMANG App, Shri Ravi Shankar Prasad, Minister for Electronics and Information Technology, Communications and Law & Justice unveiled the newly instituted UMANG Awards for Partner Departments of Centre and States based on average transactions […]

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EPFO adds 14.90 lakh net subscribers in September 2020
EPFO

EPFO adds 14.90 lakh net subscribers in September 2020

EPFO adds 14.90 lakh net subscribers in September 2020 The provisional payroll data of EPFO has been released on 20th November, 2020. It reveals that EPFO has added 14.90 lakh net subscribers in the month of September, 2020 thereby increasing the subscribers’ base of EPFO by around 30.92 lakh during the first two quarters of current financial […]

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EPFO dismisses reports of declining subscribers, firms in Oct 2020
EPFO

EPFO dismisses reports of declining subscribers, firms in Oct 2020

EPFO dismisses reports of declining subscribers, firms in Oct 2020 Employees’ Provident Fund Organisation (EPFO), an statutory organisation under Labour and Employment Ministry, has stated that an article was published in a section of media on 18.11.2020 under the caption “EPFO subscribers, firms down in Oct”. In this regard, EPFO has categorically clarified that the […]

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Labour Ministry seeks feedback on draft social security rules
Labour Law

Labour Ministry seeks feedback on draft social security rules

Labour Ministry seeks feedback on draft social security rules Union Ministry of Labour and Employment has notified the draft rules under the Code on Social Security, 2020 on 13.11.2020 inviting objections and suggestions, if any, from the stakeholders. Such objections and suggestions are required to be submitted within a period of 45 days from the […]

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How EPS pensioners can book Digital Life Certificate
EPFO

How EPS pensioners can book Digital Life Certificate

Digital Life Certificate now available at your nearest post office or at door step It is a huge relief for pensioners in context of submitting Life Certificate! Now, pensioners can submit Life Certificate while staying at home. According to Ministry of Personnel, Public Grievances & Pensions, doorstep service for submission of Digital Life Certificate through […]

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Special EPF scheme for those who hire new employees amid COVID-19
EPFO

Special EPF scheme for those who hire new employees amid COVID-19

Special EPF scheme for those who hire new employees amid COVID-19 To create more jobs amid coronavirus pandemic, the finance minister on Thursday announced a special EPF scheme under Aatma Nirbhar Bharat Rozgar Yojana. Finance Minister Nirmala Sitharaman on Thursday said the subsidy would be to cover for retirement fund contributions by employees as well […]

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