Page-2 of EPFO
EPFO lowers interest rate on deposit to 8.50% for FY2019-20
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 lowest rate fixed in seven years, was reduced from the previous ..
Portal Santusht launched: To implement policies of Labour Ministry at grass root level
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, their transparency, accountability, schemes and policies at grass root level. Highlights The ..
Month: Current Affairs - February, 2020
Employees can now generate Universal Provident Fund account number online
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 the workers in formal sector can themselves generate Universal Account Number from ..
Month: Current Affairs - November, 2019
PF rate to remain unchanged
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 in India. This offered rate of interest is the same as the ..
EPFO payroll data for June 2019
The Employees Provident Fund Organization (EPFO) has released the payroll enrollment data for the month of June 2019. The data has shown a net payroll addition of 43% for this month. What does the data say? As per the released ..
ESIC payroll data suggests 2 crore jobs created in 16 months
The Employees State Insurance Corporation (ESIC) payroll data released by the Central Statistical Office (CSO) suggests 2 crore jobs created in 16 months. The ESIC data is one of payroll numbers released by the Central Statistics Office (CSO) in its reports ..