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: Jul 2024
CBI arrests EPFO officer for taking bribe of over Rs 1 lakh
Industry

CBI arrests EPFO officer for taking bribe of over Rs 1 lakh

Central Bureau of Investigation (CBI) has apprehended three accused including an Enforcement Officer of the Employees Provident Fund Organisation (EPFO), Jamnagar (Gujarat) along with a consultant/ middleman and his son while accepting a bribe of Rs 1.10 lakh, demanding for pending EPF related issues. Additionally, the CBI registered a case against the accused Enforcement Officer, EPFO, Jamnagar, […]

Read Story
EPFO facial authentication technology sees surge 2.1 to 6.6 lakh
EPFO

EPFO facial authentication technology sees surge 2.1 to 6.6 lakh

The Ministry of Labour & Employment announced the surge in the use of EPFO Facial Authentication Technology by EPS pensioners for Digital Life Certificate Submission. The Employees’ Provident Fund Organisation (EPFO) has more than 78 Lakh pensioners, who are required to submit a Life certificate every year for continuation of the pension being paid to […]

Read Story
EPFO Launches Software for online updating of member profiles
EPFO

EPFO Launches Software for online updating of member profiles

The Employees’ Provident Fund Organisation (EPFO) has implemented software for the online submission of changes to KYC details. A proper KYC and matching member profile facilitates EPFO in providing instant services like auto settlement of advances, auto transfer of PF account, e-nomination, etc. to the member without the need for any physical visits to any […]

Read Story
EPFO adds 14.41 lakh net members during March 2024
EPFO

EPFO adds 14.41 lakh net members during March 2024

One of the two main social security organization, The Employees’ Provident Fund Organisation (EPFO) has released the provisional payroll data on 20th May, 2024. The data that was published by EPFO highlighted that it had added 14.41 lakh net members in the month of March, 2024. The data indicates that around 7.47 lakh new members have been […]

Read Story
EPFO launches Auto Claim Settlement for Education, Marriage, Housing
EPFO

EPFO launches Auto Claim Settlement for Education, Marriage, Housing

The Employees’ Provident Fund Organisation (EPFO) has now introduced auto-mode settlement of advance claims for education & marriage and housing. EPFO has introduced an Auto Claim Solution where in claim is processed automatically by the IT system without any human intervention. Auto mode of claim settlement was introduced in April, 2020 for the purpose of advance […]

Read Story
EPFO Evaluates Action for Recent Judgment on International Workers
EPFO

EPFO Evaluates Action for Recent Judgment on International Workers

One of the two main social security organization, The Employees’ Provident Fund Organisation (EPFO) acknowledges the recent judgment issued by the esteemed High Court of Karnataka. India presently has social security agreements with 21 countries. These agreements ensure continued social security coverage for employees from these nations on a mutually reciprocal basis. When citizens from […]

Read Story
EPFO Feb 2024 addition: 18-25 Age Group Dominates at 56.36%
EPFO

EPFO Feb 2024 addition: 18-25 Age Group Dominates at 56.36%

One of the two main social security organization, the Employees Provident Fund Organisation (EPFO) provisional payroll data was released on 20 April 2024. The data that was shared highlights that EPFO has added 15.48 lakh net members in February 2024. However, in January EPFO has added 16.02 lakh net members in the month. The data […]

Read Story
EPFO new rule allows Rs. 1 lakh partial withdrawal for medical needs
EPFO

EPFO new rule allows Rs. 1 lakh partial withdrawal for medical needs

One of the two main social security organization under the Government of India’s Ministry of Labour and Employment, The Employees’ Provident Fund Organisation (EPFO) has revised the eligibility threshold for auto claim settlements under Paragraph 68J, doubling it from Rs. 50,000 to Rs. 1 lakh. This initiative, outlined in a recent circular, aligns with the […]

Read Story
EPFO wage ceiling may increase to Rs. 21,000 from Rs. 15,000
EPFO

EPFO wage ceiling may increase to Rs. 21,000 from Rs. 15,000

As reported by ET, one of the two main social security organizations under the Government of India’s Ministry of Labour and Employment, the Employees’ Provident Fund Organisation (EPFO) is expected to increase the wage ceiling to Rs. 21,000 from Rs. 15,000. After being sidelined for years, the proposal is getting fresh attention. In 2014, the government revised […]

Read Story
EPFO New Rules Effective From April 1, 2024
EPFO

EPFO New Rules Effective From April 1, 2024

Starting April 1, EPFO will implement significant changes in employee provident fund regulations, impacting contributors and beneficiaries. These changes are expected to benefit employees and employers alike, ensuring smoother operations within the provident fund system. According to various sources and Mint reports, the new EPF rule will enable automatic transfer of employees’ funds when changing […]

Read Story
Youth (18-25 age) dominate Jan. 2024 New Member Additions Data
EPFO

Youth (18-25 age) dominate Jan. 2024 New Member Additions Data

One of the World’s largest Social Security Organisations, Employees’ Provident Fund Organisation (EPFO) has released its provisional payroll data on 24th March 2024 highlights that a noticeable aspect of Youth (18-25 age) dominated in January 2024 New Member Additions Data. The data is the dominant of the 18-25 age group, constituting a significant 56.41% of the […]

Read Story
HR Manager demanded sex favour for deceased father’s PF
EPFO

HR Manager demanded sex favour for deceased father’s PF

In the latest development, an incident surfaced from Mumbai where an HR Manager demanded sexual favors in exchange for releasing a 23-year-old girl’s deceased father’s Provident Fund (PF). The incident was reported by TOI, In the complaint, the woman said: “Despite submitting multiple forms to claim the PF, I did not receive it.” “After being […]

Read Story