EPF advance: Check how much money you can withdraw from your PF account
5 years, 6 months ago

EPF advance: Check how much money you can withdraw from your PF account

Live Mint  

The Employees' Provident Fund Organisation allows subscribers to take advance from their provident fund accumulations in certain cases. An EPFO subscriber can take non-refundable PF advances during the service period for various purposes such as illness, marriage, education and purchase of house. An employee can withdraw upto 90% of total PF balance within one year before retirement, advance on unemployment upto 75% of total PF balance, etc. The EPFO allows only one such withdrawal, and the amount allowed for such a withdrawal is limited to the least of 36 months of basic wage along with dearness allowance, or the total of employee and employer shares with interest, or the total cost of the house, according to the provident fund body's portal. Retirement: An EPFO member can withdraw up to 90 per cent of his EPF amount at any time after attainment of the age of 54 years or within one year before his actual retirement on superannuation, whichever is later.

Service House Fund Employee Advance Epfo Withdraw Epf Pf Advance  total  epfo  pf  house  withdraw  advance  service  account  money  check  epf  employee  fund  upto

History of this topic

EPFO 3.0 launch date announced: Check ATM withdrawal feature, other details
3 days, 19 hours ago

EPFO 3.0 launch date announced: Check ATM withdrawal feature, other details

India Today  

In a significant move for millions of Employees' Provident Fund members, the government is preparing to launch the highly anticipated EPFO 3.0 by June 2025. ENHANCED FEATURES AND ACCESSIBILITY Union Labour Minister Mansukh Mandaviya revealed that EPFO 3.0 will bring a host of features aimed at streamlining the EPF processes. A NEW ERA FOR EPF MEMBERS With these exciting changes …

EPFO members may soon withdraw PF from ATMs | Know who can draw money and how it works
4 days, 19 hours ago

EPFO members may soon withdraw PF from ATMs | Know who can draw money and how it works

India TV News  

PF withdrawal from ATM: Good news for over 7 crore subscribers of the Employees' Provident Fund Organization! Soon, EPFO members will be able to withdraw their Provident Fund money directly from ATMs. EPFO ATM Card launch date According to Union Labor Minister Mansukh Mandaviya, EPFO ​​will introduce its state-of-the-art software system EPFO ​​3.0 by June this year. According to several …

3 key EPFO rule changes in New Year 2025: What Provident Fund (PF) account holders need to know
1 week, 2 days ago

3 key EPFO rule changes in New Year 2025: What Provident Fund (PF) account holders need to know

Live Mint  

3 key EPFO rule changes coming in 2025: The Employees' Provident Fund Organization has made significant announcements regarding its rules and regulations affecting millions of subscribers. 1)EPFO and ESIC subscribers may soon use claim amounts via e-wallets Subscribers of EPFO and ESIC may soon be able to access their claim settlement amounts directly via e-wallets. 2) EPFO Extends Deadline for …

Labour ministry, RBI hold discussions to ease PF withdrawal
2 weeks, 1 day ago

Labour ministry, RBI hold discussions to ease PF withdrawal

Hindustan Times  

The Union labour ministry has begun discussions with the Reserve Bank of India and other banks on rolling out new services for subscribers of the Employees’ Provident Fund Organisation, such as direct access to savings deposits through ATMs and e-wallets linked to bank accounts, an official said, requesting anonymity. The labour ministry has also proposed e-wallets where EPFO members will …

EPFO fined ₹1.5 lakh for not revising pension amount
2 weeks, 2 days ago

EPFO fined ₹1.5 lakh for not revising pension amount

Hindustan Times  

The State Consumer Disputes Redressal Commission has directed the Employees Provident Fund Organisation, Chandigarh, to pay compensation of ₹50,000 each to three subscribers for not revising their pension without any valid reasons. As per the order, EPFO has been directed to pay for causing mental agony, harassment and unfair trade practice. Krishan Murari and two other employees of Punjab State …

EPFO members may soon approve their own PF withdrawals: Report
3 weeks, 2 days ago

EPFO members may soon approve their own PF withdrawals: Report

India Today  

The Employees’ Provident Fund Organisation is planning to introduce a “self-approval” mechanism for subscribers to withdraw their provident fund money through an automated process. As part of this upgrade, subscribers will soon be able to intimate the EPFO directly about their withdrawal amount, instead of going through the existing manual checks by EPF officers. Sources also revealed that a digital …

The EPFO’s ATM plan is good but it must resolve its pension muddle first
3 weeks, 3 days ago

The EPFO’s ATM plan is good but it must resolve its pension muddle first

Live Mint  

The country’s principal manager of retirement savings for private-sector employees, the Employees’ Provident Fund Organisation, is working on a facility to let subscribers withdraw funds from their corpus through ATM cards, subject to a limit. While this would be welcome, the EPFO also finds itself being held responsible for a pension crisis that has put about 1.75 million retirees in …

EPFO to offer ATM withdrawals for savings, new features from Jan 2025: official
3 weeks, 5 days ago

EPFO to offer ATM withdrawals for savings, new features from Jan 2025: official

Hindustan Times  

New Delhi: The Employees’ Provident Fund Organisation subscribers will soon have easier access to their savings with new ATM withdrawal facilities. From January 2025, they will be able to withdraw funds up to a specified limit using an EPFO account-linked ATM card, along with other features to improve access, said an official on Saturday. EPFO subscribers will be able to …

EPFO key amendments: Now faster claims and more interest benefits for members
3 weeks, 6 days ago

EPFO key amendments: Now faster claims and more interest benefits for members

India Today  

The Employees Provident Fund Organisation has introduced major changes to provide financial relief and faster claim settlement for Employees Provident Fund members. KEY UPDATE ON INTEREST PAYMENTS EPFO announced that the Central Board of Trustees has approved an important amendment to paragraph 60 of the EPF Scheme, 1952. BENEFITS FOR EPF MEMBERS Speaking to The Economic Times, Puneet Gupta, Tax …

How PF withdrawal from ATMs could benefit you, starting in 2025
3 weeks, 6 days ago

How PF withdrawal from ATMs could benefit you, starting in 2025

India Today  

All servicemen and women with ensured PF accounts will likely be able to withdraw PF directly from ATMs without undergoing lengthy bank procedures. Dawra noted that more than 7 crore workers joined PF coverage since 2017, strengthening India's social security system. The Employees Provident Fund Organisation plans to link PF accounts to an ATM-compatible system, allowing subscribers to access their …

You can withdraw PF from an ATM starting 2025, announces labour ministry
4 weeks ago

You can withdraw PF from an ATM starting 2025, announces labour ministry

Hindustan Times  

Starting next year, 2025, EPFO subscribers will be able to withdraw their Provident Fund through ATMs, Labour Ministry Secretary Sumita Dawra announced on Wednesday. The Employees' Provident Fund Organisation currently has over 70 million active contributors. Efforts to extend social security benefits to gig workers are in advanced stages, with a scheme being finalised to include benefits like medical coverage, …

EPFO Provident Fund withdrawals through ATMs: How does it work and what should you expect?
4 weeks ago

EPFO Provident Fund withdrawals through ATMs: How does it work and what should you expect?

India TV News  

From 2025, Employees Provident Fund Organization customers will be able to withdraw their Provident Fund directly from ATMs, eliminating lengthy deposit procedures. This move is part of a larger effort to modernise India’s social security services: Enhanced convenience: Subscribers will no longer need to navigate tedious claim-filing procedures or wait for fund disbursal. Expanded social security coverage: Over 7 crore …

PF withdrawals via ATMs likely from 2025. How will it work?
4 weeks ago

PF withdrawals via ATMs likely from 2025. How will it work?

India Today  

Starting January 2025, Employees’ Provident Fund Organisation subscribers may be able to withdraw their provident fund savings directly from ATMs. Labour Secretary Sumita Dawra told news agency ANI that the Labour and Employment Ministry is upgrading its IT systems to streamline PF withdrawals and improve service delivery. The government also reaffirmed its commitment to improving social security, including extending benefits …

Withdraw your PF directly from ATMs starting next year: Labour secretary
Trending News
4 weeks, 1 day ago

Withdraw your PF directly from ATMs starting next year: Labour secretary

Live Mint  

By Shailesh Yadav New Delhi, December 11 : The Labour Ministry is upgrading its IT systems to provide enhanced services to the country's massive workforce. Starting next year, EPFO subscribers will be able to withdraw their provident funds directly from ATMs, according to Labour Secretary Sumita Dawra. A claimant, beneficiary, or insured person will be able to access their claims …

EPFO 3.0: ATM Access To PF And Removal Of 12% Contribution Cap On The Cards: Report
1 month ago

EPFO 3.0: ATM Access To PF And Removal Of 12% Contribution Cap On The Cards: Report

ABP News  

The Employees' Provident Fund Organisation is set to introduce a series of transformative features under its proposed upgrade, EPFO 3.0. These changes, aimed at enhancing accessibility and flexibility for members, include ATM-enabled withdrawals, removal of the current contribution cap, and pension conversion options, according to a report by ET Now. Key Highlights of EPFO 3.0 PF Withdrawals via ATMs: The …

EPFO 3.0 may allow ATM withdrawal of PF, scrap 12% contribution limit: Report
1 month ago

EPFO 3.0 may allow ATM withdrawal of PF, scrap 12% contribution limit: Report

Hindustan Times  

The Employee Provident Fund Organisation is planning to upgrade to a new version called EPFO 3.0. This will include features like withdrawing provident fund money from ATMs, contributing more than the current 12% limit, and converting PF savings into a pension, ET Now reported. However, discussions regarding all of the new features and policy changes for EPFO 3.0 are currently …

Can you withdraw the pension share from your EPF?
1 month, 1 week ago

Can you withdraw the pension share from your EPF?

Live Mint  

If you're an employee contributing to the provident fund, your employer might be allocating a portion of it each month to the employee pension scheme. After an amendment on 1 September 2014, new member employees earning a basic pay of more than ₹15,000 per month cannot be a part of the pension scheme. View Full Image Mint To be sure, …

EPFO board pitches amnesty plan for PF payment violations
1 month, 1 week ago

EPFO board pitches amnesty plan for PF payment violations

Hindustan Times  

In a key decision, the central board of trustees of the Employees’ Provident Fund Organisation, in its 236th meeting chaired by labour minister Mansukh Mandaviya on Saturday, approved reinvesting 50% of its redemption proceeds from exchange traded funds back into equities. The board also recommended to the Union government a national EPFO amnesty scheme 2024 for all types of employers …

EPFO update: Central Board of Trustees meet to decide on proposals — ETF investment increase to 15%? Details here
1 month, 1 week ago

EPFO update: Central Board of Trustees meet to decide on proposals — ETF investment increase to 15%? Details here

Live Mint  

The Employees Provident Fund Organisation's Central Board of Trustees is set to meet today, November 30, to decide on various proposals, according to a Business Today report citing sources. The proposals under discussion include the redemption policy for increased investments in equity traded funds, re-investment of ETF proceeds, guidelines for investments into real estate investment trusts, and the annual performance …

Govt may lift cap on EPF contributions in key push for savings scheme
1 month, 1 week ago

Govt may lift cap on EPF contributions in key push for savings scheme

Hindustan Times  

The Union government is considering doing away with caps on the share of an employee’s salary contributed towards pension to enable higher deductions by those who want higher retirement payouts, as part of a series of upcoming reforms, a senior labour ministry official said on Thursday. An employer and worker both are required by law to contribute 12% of a …

EPF has issues. Can you say No to it?
1 month, 2 weeks ago

EPF has issues. Can you say No to it?

Live Mint  

Savings are meaningless if you cannot access them. Most companies deduct 12% of an employee’s basic pay plus dearness allowance and retaining allowance as the monthly EPF contribution. Corporate policy When Thanigai Ravindran’s wife joined a new company as a French translator her EPF contribution dropped fromRs 6,000 to ₹1,800 per month. Some companies allow employees to switch from 12% …

EPFO: How to check whether interest credited in PF account or not? Follow THESE steps
1 month, 2 weeks ago

EPFO: How to check whether interest credited in PF account or not? Follow THESE steps

India TV News  

EPFO has been one of the most significant investment option for working professionals. The working professional holding a PF account also gets interest on the amount deposited. Through UMANG App Install UMANG App in your smartphone Now log in with your user ID and password After this, select the option of 'View Passbook' Now the balance of your PF account …

Two ways for the EPFO to give itself an image boost
1 month, 4 weeks ago

Two ways for the EPFO to give itself an image boost

Live Mint  

The proof of a retiral kitty’s worth is in the retiring. Since a surge in bogus claims after EPFO processes went online seems like a minor explanation at best, the organization must release data in more granular detail—and sooner—for a clearer picture of the scenario. Moreover, the government’s move to tax employee contributions to the fund above ₹2.5 lakh each …

New pension platform to ease payouts: Minister
1 month, 4 weeks ago

New pension platform to ease payouts: Minister

Hindustan Times  

The labour ministry will switch to a centralised pension-payment system from 2025, allowing retirees to receive monthly payouts from any bank or its branches in any location throughout the country, for which a large-scale test run was recently carried out. Mansukh Mandaviya The new platform for subscribers of the Employees’ Provident Fund Organisation, the state-run retirement fund manager, is aimed …

EPFO Raises PF Withdrawal Limit: New Rule Allows Higher Payout for Personal Needs
3 months, 3 weeks ago

EPFO Raises PF Withdrawal Limit: New Rule Allows Higher Payout for Personal Needs

News 18  

The Employees’ Provident Fund Organisation has raised the one-time withdrawal limit for provident fund accounts to Rs 1 lakh, doubling the previous limit of Rs 50,000. The EPFO manages the provident fund, pension, and insurance schemes for the organised sector employees in India, primarily through the Employees’ Provident Fund scheme. Mandaviya also announced another key update: the government has relaxed …

What are the issues faced by EPFO pensioners?
3 months, 3 weeks ago

What are the issues faced by EPFO pensioners?

The Hindu  

The story so far: Nearly 78 lakh Provident Fund pensioners across the country under the Employees’ Pension Scheme, 1995 of the Employees’ Provident Fund Organisation will receive their pension through any bank, any branch from January 1, 2025. The Union Labour Ministry cleared the proposal earlier this month for a Centralised Pension Payment System as part of the EPFO’s ongoing …

Centre to make EPFO pensions fully portable to ease payouts
4 months ago

Centre to make EPFO pensions fully portable to ease payouts

Hindustan Times  

The Union government will roll out a centralised pension payment system for all subscribers of the state-run retirement fund manager, the Employees’ Provident Fund Organisation, which will enable bank and location portability, and eliminate the need to physically move payment orders, Union labour minister Mansukh Mandaviya has said. Under the reforms taking effect next year, the regional offices would not …

EPFO Pension: Here Are The Different Types And Their Benefits
4 months, 1 week ago

EPFO Pension: Here Are The Different Types And Their Benefits

ABP News  

EPFO Pension: The Employees' Provident Fund Organisation offers a range of pension options to its members, provided they meet specific criteria. Early Pension Members who qualify for an EPFO pension have the option to start receiving it as early as age 50, although this comes with a reduction of 4 per cent per year. Widow or Child Pension In the …

EPF interest calculation: Your guide to understanding EPF account interest
9 months, 2 weeks ago

EPF interest calculation: Your guide to understanding EPF account interest

India TV News  

The Employees’ Provident Fund stands as a crucial retirement savings scheme facilitated by the Central government, catering to both salaried employees and private sector workers. Declared EPF interest rate The annual EPF interest rate is announced by the Employees’ Provident Fund Organisation. For the financial year 2023-24, the EPF interest rate stands at 8.25%. Calculation method EPF interest is compounded …

EPFO hikes interest rate to 8.25 per cent on employees' provident fund, highest in three years
10 months, 4 weeks ago

EPFO hikes interest rate to 8.25 per cent on employees' provident fund, highest in three years

India TV News  

Retirement fund body Employees' Provident Fund Organisation has hiked the interest rate on deposits to 8.25 per cent from 8.15 per cent. In March 2023, the Employees' Provident Fund Organisation had increased the interest rate on EPF marginally to 8.15 per cent for 2022-23 from 8.10 per cent in 2021-22. The 8.5 per cent interest rate on EPF deposits for …

The woes of pensioners and PF members
1 year ago

The woes of pensioners and PF members

The Hindu  

The Employees’ Provident Fund Organisation ’s recent clarification on the implementation of the 2022 Supreme Court verdict on higher Provident Fund pension seems to have added to the woes of pensioners and PF members. Issues in pension computation In the most contentious matter of pension computation, the clarification, which states that pension will be calculated as per paragraph 12 of …

Are you withdrawing your EPF? Know these criteria and rules
1 year, 4 months ago

Are you withdrawing your EPF? Know these criteria and rules

Live Mint  

Many Employees Provident Fund Organization subscribers have inquired on social media platforms about the interest amount that is yet to be credited to their provident fund accounts. To initiate the withdrawal of EPF funds due to unemployment, the account holder must complete a withdrawal application form and furnish evidence of their joblessness. The following supplementary documents may be requisite for …

EPFO To Soon Credit Interests For FY 2022-23 To Employees' Bank Accounts
1 year, 4 months ago

EPFO To Soon Credit Interests For FY 2022-23 To Employees' Bank Accounts

News 18  

The Employees’ Provident Fund Organisation has initiated the process of depositing money to the subscriber’s account with full interest for the financial year 2022-23. EPFO assured the users that there will be no loss of interest in the sum of money which will be deposited in their bank accounts shortly. Please maintain patience— EPFO August 4, 2023 Although the interest …

Tech tips: Check your EPF balance online| Follow these simple steps
1 year, 5 months ago

Tech tips: Check your EPF balance online| Follow these simple steps

India TV News  

The Employees' Provident Fund is a significant retirement savings scheme that is mandatory for all employees in India earning up to Rs 15,000 per month. Another convenient option is to use the UMANG application, also known as the "m-Sewa app of EPFO." Here's how: Open the UMANG application and look for "EPFO" under "Employee Centric Services" on the home screen. …

Centre ratifies 8.15% interest rate on EPF for 2022-23
1 year, 5 months ago

Centre ratifies 8.15% interest rate on EPF for 2022-23

Deccan Chronicle  

New Delhi: The government has ratified the rate of interest at 8.15 per cent rate on deposits under the Employees Provident Fund scheme for the financial year 2022-23. Retirement fund body EPFO on March 28, 2023, had marginally raised the interest rate on employees' provident fund deposits to 8.15 per cent for 2022-23 for its over six crore subscribers. As …

Govt hikes interest rate on Employees Provident Fund for 2022-23 to 8.15%
1 year, 5 months ago

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

Hindustan Times  

The government has ratified the rate of interest at 8.15 per cent rate on deposits under the Employees Provident Fund scheme for the financial year 2022-23. Retirement fund body EPFO on March 28, 2023, had marginally raised the interest rate on employees' provident fund deposits to 8.15 per cent for 2022-23 for its over six crore subscribers. As per an …

EPF Update: Govt Approves 8.15% Interest Rate for Fiscal 2023-24; Details Here
1 year, 5 months ago

EPF Update: Govt Approves 8.15% Interest Rate for Fiscal 2023-24; Details Here

News 18  

The central government has approved to credit interest at 8.15 per cent to the Employees’ Provident Fund scheme for 2023-24. The EPFO’s Central Board of Trustees on March 28 set an 8.15 per cent interest rate on provident fund for this fiscal. According to an Employees’ Provident Fund Organisation office order issued on Monday, July 24, the labour ministry has …

EPFO extends deadline to apply for higher pension till July 11
1 year, 6 months ago

EPFO extends deadline to apply for higher pension till July 11

The Hindu  

The Employees’ Provident Fund Organisation has extended the deadline for members and pensioners to apply for higher Provident Fund pension till July 11 The deadline was to expire on June 26. The EPFO said it would be the “last opportunity” for employees to submit the joint options to get pension on higher wages. Over 16 lakh applications received The EPFO …

How To Withdraw Money From EPF Account: Step-by-step Process Explained
1 year, 7 months ago

How To Withdraw Money From EPF Account: Step-by-step Process Explained

News 18  

In situations where immediate funds are required and no alternative solutions are available, one can consider withdrawing money from their Employee Provident Fund. Check Online Step-By-Step Guide To Add Details In the EPF scheme, the employee is required to contribute 12 percent of their basic salary each month, and the company matches this contribution. Easy process Previously, employees encountered difficulties …

Higher pension: EPFO directs offices to calculate dues with interest
1 year, 7 months ago

Higher pension: EPFO directs offices to calculate dues with interest

The Hindu  

The Employees’ Provident Fund Organisation has issued an internal circular directing its regional offices on the method to calculate the dues of subscribers who apply for higher PF pension. According to the circular, 8.33% of employer share on higher pay from November 16, 1995 or from the date the pay exceeds the wage ceiling of ₹6,500 and 1.16% of employer …

How to get a higher pension in current EPFO ruling explained
1 year, 8 months ago

How to get a higher pension in current EPFO ruling explained

Live Mint  

The Employees' Provident Fund Organisation has come up with a procedure for a contribution towards higher EPS pension. According to the labour ministry, the additional contribution of 1.16 per cent of basic wages for subscribers opting for higher pensions will be managed from employers' contributions. Employees Pension Scheme calculation At present, the government pays 1.16 per cent of basic wages …

EPFO extends deadline to apply for higher pension till June 26
1 year, 8 months ago

EPFO extends deadline to apply for higher pension till June 26

Hindustan Times  

Employees' Provident Fund Organisation on Tuesday extended the date for filing applications to opt for a higher pension till June 26, 2023. Here's how to check your PF balance According to the statement by the ministry of Labour and Employment, the timeline for filing applications has been extended in order to provide a larger window of opportunity and in order …

EPFO extends deadline to apply for higher pension till June 26
1 year, 8 months ago

EPFO extends deadline to apply for higher pension till June 26

Live Mint  

Retirement fund body EPFO on Tuesday extended the deadline to apply for higher pension till June 26. EPFO has made arrangements for obtaining applications for the validation of option / joint option from pensioners / members as per the Hon’ble Supreme Court order dated 4 November 2022. Earlier, the Supreme Court in its order on November 4, 2022 had mandated …

As EPFO higher pension scheme deadline arrives, check eligibility, interest rate and other details
1 year, 8 months ago

As EPFO higher pension scheme deadline arrives, check eligibility, interest rate and other details

Hindustan Times  

The Employees’ Provident Fund Organisation has set May 3 as the last date to submit an application for higher pension under the Employees' Pension Scheme. Employees who became members before 1 September 2014 and continue to be one can apply for higher pension. Documents to submit Employees should share an agreement to allow the transfer of funds from the provident …

From PF Settlement, Pension To Nomination: 5 Types Of Provident Fund Forms
1 year, 8 months ago

From PF Settlement, Pension To Nomination: 5 Types Of Provident Fund Forms

News 18  

The Employees’ Provident Fund Organisation is a statutory body that manages the Employees’ Provident Fund and other schemes related to the welfare of an employee. We have listed down a few types of EPFO forms that employees must have information about: –Form 19: This form is used to withdraw the EPF balance after leaving the job. The employer is required …

Minister clears the air over clause restricting persons opting for higher PF pension
1 year, 9 months ago

Minister clears the air over clause restricting persons opting for higher PF pension

The Hindu  

Union Labour Minister Bhupender Yadav on Thursday clarified that employees and pensioners covered under the Employees’ Pension Scheme of 1995, “are not restricted from filing application forms/ joint options,” in the absence of the requirement of permission under paragraph 26 of the Employees’ Provident Fund Scheme, 1952. Replying to a set of questions raised by John Brittas, Communist Party of …

EPFO fixes 8.15% interest rate on employees' provident fund for fiscal 2022-23
1 year, 9 months ago

EPFO fixes 8.15% interest rate on employees' provident fund for fiscal 2022-23

India TV News  

Employees' Provident Fund Organisation on Tuesday fixed an 8.15% rate of interest on employees’ provident fund deposits for the fiscal year 2022-23. According to reports, this was the lowest since 1977-78, when the EPF interest rate stood at 8% "The Employees’ Provident Fund Organisation’s apex decision-making body Central Board of Trustees has decided to provide an 8.15% rate of interest …

EPFO fixes 8.15% interest rate on provident fund
1 year, 9 months ago

EPFO fixes 8.15% interest rate on provident fund

Hindustan Times  

The Employees Provident Fund Organisation, the retirement fund manager to India’s nearly 70-million-strong salaried class, has fixed an 8.15% interest rate on employees’ provident fund for 2022-23, a member of its Central Board of Trustees told HT. Provident fund savings are mandatory under the Employees Provident Funds and Miscellaneous Provisions Act. Provident fund savings are mandatory under the Employees Provident …

EPFO fixes 8.15% interest rate on employees' provident fund for 2022-23
1 year, 9 months ago

EPFO fixes 8.15% interest rate on employees' provident fund for 2022-23

India Today  

The retirement body fund Employees Provident Fund Organisation on Monday fixed the employees’ provident fund for 2022-23 at 8.15 per cent, reported news agency PTI quoting sources. The fresh rate is 0.5 per cent higher than the 8.1 per cent interest rate EPFO had declared for 2021-22, which also was the lowest in almost four decades. “The Employees’ Provident Fund …

EPFO Fixes 8.15% Interest Rate On EPF For 2022-23
1 year, 9 months ago

EPFO Fixes 8.15% Interest Rate On EPF For 2022-23

News 18  

The Employees’ Provident Fund Organisation has fixed 8.15% interest rate on Employees’ Provident Fund for the financial year 2022-23. “The Employees’ Provident Fund Organisation’s apex decision making body Central Board of Trustees has decided to provide 8.15 per cent rate of interest on EPF for 2022-23 at its meeting on Tuesday,” news agency PTI quoted a source as saying. The …

Discover Related