The Employee Provident Fund Organization recently issued new instructions on how employees should apply for pensions. Earlier the amount contributed towards the scheme was capped at Rs 15,000....
Employees’ Provident Fund Organization (EPFO) has decided to reduce the interest on provident fund (PF) deposits from 8.5% in 2020-21 to 8.1% in 2021-22. About the reduction in...
According to Union Government, about 7.63 million salaried workers have used their retirement savings to deal with covid-19 crisis since 2020. Back then, centre had allowed EPF subscribers...
Ministry of Labour and Employment has announced additional benefits for workers under ESIC and EPFO schemes for the dependents of workers passing away due to Covid-19 disease. Highlights...
On November 12, 2020, Finance Minister Smt Nirmala Sitharaman announced the fourth economic stimulus package. During the announcement, the Finance Minister introduced the “Atma Nirbhar Bharat Rozgar Yojana”....
On May 5, 2020, the Employees Provident Fund Organization has released Rs 764 crores to the pensioners. Highlights Around 135 field offices of the scheme processed the payment....
Employees Provident Fund Organisation (EPFO) on Thursday lowered the interest rate on deposits to 8.50 per cent for the current financial year 2019-20. The interest rate, which is...
The Portal Santusht is an Implementation Monitoring Cell that was launched by the Ministry of Lobour and Employment in January 2020. The portal addresses delivery of public services,...
Employees’ Provident Fund Organization (EPFO), the retirement fund body has launched a facility for formal sector workers to themselves obtain the Universal Provident Fund Account Number on-line. Now...
After a lengthy discussion by the various Union Ministries involved in the process, the Union Government has decided to notify an 8.65% interest rate for the PF deposits...
