EPFO

EPF interest rate at 8.10% is lowest in decades, know what FM Nirmala Sitharaman said

Central Board recommended 8.10 percent annual rate of interest to be credited on EPF accumulations in members' accounts for the financial year 2021-22 (ending on March 31, 2022). 

Mar 22, 2022, 11:09 AM IST

EPFO interest rate better than other schemes, reflects today's realities: FM Nirmala Sitharaman

The EPFO has proposed cutting down the interest rate on provident fund deposits from 8.5 per cent in 2020-21 to 8.1 per cent for 2021-22.

Mar 21, 2022, 22:41 PM IST

EPFO adds 15.29 lakh net subscribers in January 2022

Of the total 15.29 lakh, net subscribers added during the month, around 8.64 lakh new members have been registered under the social security ambit of EPF & MP Act, 1952 for the first time.

Mar 20, 2022, 21:15 PM IST

'Anti-people, anti-worker step': Mamata Banerjee slams Centre after provident fund interest rate cut to 4-decade low

"After the vote victory in UP, BJP government comes out with its gift card immediately," the West Bengal Chief Minister said.

Mar 13, 2022, 12:49 PM IST

EPFO fixes interest rates at 8.1%: Here's a look at the EPF interest rates in the last few years

EPFO reduced the interest rate on provident fund deposits to a seven-year low of 8.5 percent for 2019-20, down from 8.65 percent in 2018-19. 

Mar 12, 2022, 13:11 PM IST

PF Update: EPF interest rate for 2021-22 at 8.10%, lowest in decades

The decision was made today during a meeting of EPFO's central board of trustees.

 

Mar 12, 2022, 12:29 PM IST

International Women's Day: EPFO urges companies to facilitate e-nomination of women employees and be rewarded

EPFO has tweeted that establishments that have filed an e-nomination for December 2021 and January 2022 are eligible for this declaration.

Mar 08, 2022, 10:31 AM IST

Here's how to do EPF account transfer from EPFO to employer’s EPF trust

Transferring EPF accounts online is possible if both employers (old and new) are able to begin transfers through a common interface.

Mar 07, 2022, 21:42 PM IST

EPF account: Here's how to register or update phone number, email

When it comes to EPF accounts, a correct/updated mobile number will aid in the provision of services such as nomination filing, withdrawal claims connected to Covid-19, and any other purpose. 

Feb 26, 2022, 17:40 PM IST

PF alert! Employer obligated to pay damages for delay in payment of EPF contribution, says SC

A bench of Justices Ajay Rastogi and Abhay S Oka said Employees Provident Fund & Miscellaneous Provisions Act is legislation for providing social security to the employees working in any establishment and engaging 20 or more persons.

Feb 24, 2022, 12:00 PM IST

EPFO gives important update on validity of Life Certificate, submission timeline

Pensioners can now submit Life Certificate at any time which will be valid for 1 year from date of submission.

Feb 23, 2022, 16:27 PM IST

EPFO adds 14.6 lakh subscribers in December 2021

The net subscriber addition in December has increased by 19.98 per cent as compared to the previous month of November 2021, a labour ministry statement said.

Feb 20, 2022, 20:29 PM IST

EPFO big update! Organisation mulling new pension scheme for employees earning over Rs 15,000 basic wage

EPFO is mulling a new pension product for organised sector workers who are getting basic wages of more than Rs 15,000 per month and are not mandatorily covered under its Employees' Pension Scheme 1995 (EPS-95). 

Feb 20, 2022, 12:39 PM IST

Provident Fund investors alert! EPFO urges subscribers to protect accounts from online frauds

EPFO has urged subscribers to remain beware of the increasing online frauds.

Feb 20, 2022, 09:25 AM IST

PF Account Holders Alert! Avoid THESE mistakes or you will lose your hard earned money

Subscribers to provident funds should be aware that the EPFO never requests money from its members via WhatsApp or any other social media platform in exchange for its services.

Feb 18, 2022, 20:02 PM IST

EPFO interest decision rate next month: What happens to interest rates of inactive a/c holders, do they earn it? Know here

As per EPFO rules an account is classified as Inoperative account in which contribution has not been received for 3 years after retirement or permanent migration abroad or in case of death.

Feb 16, 2022, 11:11 AM IST

Big PF update! EPFO to decide on interest rate for 2021-22 in March --4 methods to know your a/c balance

The 8.5 per cent interest rate on EPF deposits for 2020-21 was decided by the Central Board of Trustees (CBT) in March 2021.

Feb 14, 2022, 12:18 PM IST

EPFO subscribers, Alert! Decision on interest rate for 2021-22 soon, check latest update

The 8.5 per cent interest rate on EPF deposits for 2020-21 was decided by the Central Board of Trustees (CBT) in March 2021.

Feb 13, 2022, 12:20 PM IST

CBI books EPFO officials for shocking conduct! UAN, Password, OTPs shared with private PF consultants

On getting an input that some EPFO officials are indulging in gross misconduct, the central probe agency had carried out joint surprise check with EPFO vigilance department in regional office in Guntur during which it seized the mobile phones of some employees with their consent.

Feb 03, 2022, 09:07 AM IST

EPFO onboards Air India to offer social security coverage to employees

EPFO has onboarded Air India to offer social security coverage to the carrier’s employees. 

Jan 29, 2022, 15:58 PM IST