EPFO lowers interest rate on Employee Provident Fund to 8.50% for 2019-20
Gangwar said that the EPFO will have a surplus of over Rs 700 crore on providing 8.5 per cent rate of interest on EPF for this fiscal.
Mar 05, 2020, 14:01 PM IST
Rate of interest on EPF increased to 8.65% for financial year 2018-19
It may be recalled that 8.65 per cent interest rate for the last fiscal was approved by the Central Board of Trustees (CBDT) on February 21, 2019.
Oct 09, 2019, 16:30 PM IST
Finance Ministry approves proposal to raise EPF interest rate to 8.65% for 2018-19
It may be recalled that 8.65 per cent interest rate for the last fiscal was approved by the Central Board of Trustees - the top decision-making body of the EPFO - on February 21, 2019.
Sep 24, 2019, 18:40 PM IST
Soon, PF subscribers to get option to invest money in stock market through NPS
It is to be noted that the NPS is mandatory for all government employees who have joined service after January 1, 2004.
Sep 24, 2019, 18:22 PM IST
6.5 crore EPFO members to get 8.65% interest on deposits for 2018-19
The Central Board of Trustees, highest decision-making body of the EPFO, had in February approved 8.65% interest rate for the last fiscal.
Sep 17, 2019, 14:30 PM IST
EPF trust approves restoration of commuted value of pension to pensioners after 15 years
This was a long pending demand of the pensioners and will benefit approximately 6.3 lakhs pensioners.
Aug 22, 2019, 16:15 PM IST
EPF transfer on job change to become automated from next fiscal
At present, the subscribers of the EPFO are required to file transfer of EPF claims on changing jobs despite having UAN.
Mar 11, 2019, 14:45 PM IST
EPFO hikes interest rate on provident fund to 8.65% from 8.55%, to benefit 6 crore subscribers
Labour Minister Santosh Gangwar said that the decision to provide higher interest for subscribers for the current fiscal was approved by all members of the Central Board of Trustees of EPFO.
Feb 21, 2019, 17:24 PM IST
Deshhit: EPFO likely to increase interest rate on employees’ provident fund
Employees’ Provident Fund Organisation (EPFO) is likely to retain or increase the interest rate on employees’ provident fund
Feb 13, 2019, 22:08 PM IST
EPFO likely to retain interest rate at 8.55% for FY19
The Central Board of Trustees headed by Labour Minister is the apex decision making body of the EPFO which finalises rate of interest on PF deposits for a financial year.
Feb 12, 2019, 13:41 PM IST
EPFO may give subscribers option to increase stock investments in new year
Earlier this year, CBT, had suggested exploring possibility of giving such options.
Dec 31, 2018, 15:01 PM IST
Proposal to increase mandatory cover limit under EPFO sent to Finance Ministry
The proposal calls to increase the mandatory wage limit to Rs 21,000 from Rs 15,000.
Jul 17, 2018, 17:25 PM IST
Now, you can withdraw 75% of PF amount after one month of unemployment
PF members would can also withdraw the remaining 25 percent of their funds and go for final settlement of account after completion of two months of unemployment.
Jun 27, 2018, 11:01 AM IST
Now pensioners can view passbook using Umang app
The introduction of this facility is part of EPFO's plan to go paperless by August this year and provide all services online.
May 03, 2018, 17:46 PM IST
EPFO rules out leakage of subscribers' data from government website
The retirement fund body's statement came after reports had suggested theft of data of subscribers by hackers from 'aadhaar.Epfoservices.Com', a website operated by the CSC that comes under the Ministry of Electronics and IT.
May 03, 2018, 13:46 PM IST
EPFO rules out Aadhaar data leak from website, shuts servers for checks
EPFO's statement comes against the backdrop of reports suggesting theft of data of subscribers by hackers from 'aadhaar.Epfoservices.Com'.
May 02, 2018, 20:32 PM IST
EPFO, ESIC and PFRDA to release monthly payroll data in bid to boost formal sector
The data set release was for the period from September 2017 to February 2018.
Apr 26, 2018, 23:30 PM IST
India shows jobs growth as 3.11 million join EPF scheme in six months
To bring more of the vast workforce into the organised sector, Modi this year announced the state would partially cover employers` contributions to the EPF for three years.
Apr 26, 2018, 11:56 AM IST
EPFO to inform members about contributions not deposited by firms
At present, EPFO only informs about the credit of contribution to subscribers account by SMS/email to registered universal account number holders.
Apr 25, 2018, 17:38 PM IST
EPFO members to get option to hike investments in ETFs
EPFO invests 15 percent of its investible deposits into the ETFs.
Apr 18, 2018, 17:24 PM IST
