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Workers have withdrawn over ₹3,200 crore from their retirement savings to survive the Coronavirus lockdown
Claims settlement involves disbursal of total amount of ₹4,684.52 crore which includes ₹2,367…
PTI
EPFO unveils procedure to apply for higher pension under Employees Pension Scheme
Retirement fund body EPFO on Monday came out with a procedure to enable subscribers and their emplo…
PTI
HiLabs secures $39 million in Series B funding to propel AI-driven data management solutions for healthcare entities
HiLabs, a provider of AI-driven solutions that aims to assess crude data to unlock meaningful insig…
Parliament passes 3 key labour reform bills
The three codes were passed by Lok Sabha on Tuesday and these will now be sent to the President for…
PTI
Proportion of women added to workforce up significantly over last four months: EPFO data
Around 13.96 lakh members were added to the Employees’ Provident Fund Organisation (EPFO) in Februa…
Take home salaries in India may rise at the cost of employee provident fund
Currently, all the employees who are earning upto ₹15,000 a month have to pay 24% of their sal…
Indian pension fund says it won’t lend money to private companies
The credit crunch in the Indian economy is getting more acute by every passing day. The latest…
If you contribute more than ₹2.5 lakh yearly to provident fund, it will now be taxed — All you need to know
The government on August 31 announced that Employees Provident Fund (EPF) accounts with more than ₹…
EPFO adds 12.94 lakh net subscribers in October
Retirement fund body EPFO added 12.94 lakh subscribers on a net basis in October 2022, the labour m…
PTI
Here’s how to withdraw money from your EPF account online
If you are looking to withdraw money online from your employee’s provident fund (EPF) account, you …
India generates 15-16 lakh formal sector jobs every month, says Ashwini Vaishnaw citing EPFO data
Citing Employees' Provident Fund Organisation data, Union Minister for Railways, Communications, El…
ANI
EPFO to enhance insurance benefits 30 times the monthly wage
After decades of wielding a monopoly over the retirement funds of workers in the organised sector…
Lockdown: EPFO not charging penalty from cos for delay in payment of provident fund dues
"During the lockdown period we are not going to impose any damages (penalty). This is our pro stak…
PTI
Perks of the trade: India may double or triple minimum monthly pension
As per the committee, the existing minimum pension of ₹1,000 per month should be immediately rai…
Placement agencies will help hire domestic help soon
The new rule might include paid leave and other benefits for those people. If new rules got impleme…
This real-estate firm has not paid its employees in the last six months
If reports are to be believed, the real-estate firm has defaulted over its repayments to individual…
Jaitley is right about taxing the lump sum withdrawal from your PF
Pensions is a topic close to my heart. Part of my work while with Invest India Micro Pensions was t…
UAN mandatory to avail benefit of the scheme
The UAN remains portable throughout the lifetime of an employee and they don't have to apply fo…
Here's why the new EPF rules make good sense in the long-run
And, you won’t have to close your account. This is important because according to earlier …
Employee Provident Fund interest rate lowered by 15 basis points 8.5%
"The EPFO has decided to provide 8.5 per cent interest rate on EPF deposits for 2019-20 in the C…