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EPFO adds 16.02 lakh members in January; 8.08 lakh enroll for 1st time

Retirement fund body EPFO added a net 16.02 lakh subscribers in January 2024, according to payroll …

PTI   


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Govt ratifies 8.15% interest rate on Employees Provident Fund for 2022-23

The government has ratified the rate of interest at 8.15% rate on deposits under the Employees Prov…

PTI   


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EPFO adds a net 15.62 lakh members in Dec; 8.41 lakh new subscribers join workforce

This surge in membership can be attributed to various factors, including increased employment…

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EPFO invested Rs 27,105 crore in exchange trade funds in Apr-Oct: Labour Min

Retirement fund body Employees' Provident Fund Organisation (EPFO ) has invested Rs 27,105 crore in…

PTI   


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Net new women EPFO subscribers addition rises to 28.69 lakh in FY23

Retirement fund body EPFO recorded a net new women subscribers addition of 28,69,688 in FY23 agains…

PTI   


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Retirement fund body EPFO could increase its equity investment limit to 20% from 15% earlier

Retirement fund body EPFO is likely to approve this month a proposal to enhance its investments in …

PTI   


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EPFO records highest net member addition of 18.75 lakh in July

A growing trend has continued for the last three months with an increase of around 85,932 net me…

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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…

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3 mins read

EPFO defers one part of 8.5% interest payment due to COVID-19. Here’s what experts have to say about it

Business Insider spoke to experts to understand the implications of the proposal. "In my o…

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3 mins read

EPFO continues to give attractive interests rate compared to other government schemes

The popular retirement saving scheme followed by many corporations for its employees has slashed it…

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1 min read

EPFO retains 8.5% interest rate for 2020-21

There were speculations that the EPFO would lower interest on provident fund deposits for thi…

PTI   


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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   


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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…

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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…

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6.3 lakh pensioners in India can now withdraw their funds in advance

With the ministry's latest decision, such pensioners would receive their full pension after com…

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The Indian government may mandate higher interest rates on its retirement fund scheme: Report

Though the rates are expected to go higher, but if not, the current interest rates will not be n…

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EPFO begins crediting 8.5% interest for six crore people — to reflect in EPF accounts from new year

The minister also said that he has asked to ensure that all those members who are retiring …

PTI   


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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…

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From 15 million job lost in exports sector to government seeking proof of PM-CARES donations - here's all the headlines you may have missed today

Asian Development Bank (ADB) President Masatsugu Asakawa on Friday assured Finance Minister Ni…

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EPFO asks field offices to credit pension by March 30

Last week, the CPFC directed to process pension payments in all 135 offices of the EPFO in advance…

PTI