Don't miss these money deadlines in March 2025: Special FDs, ITR, and more
3 weeks ago

Don't miss these money deadlines in March 2025: Special FDs, ITR, and more

India Today  

As the financial year ends on March 31, 2025, there are several important financial tasks you should complete to save on taxes, secure high FD rates, and activate your UAN for EPF-linked insurance. SPECIAL FIXED DEPOSITS The reduction in the repo rate from 6.50% to 6.25% by the Reserve Bank of India has led several banks to lower their FD interest rates. On the other hand, Indian Bank’s IND Supreme 300 Days and IND Super 400 Days are offering interest rates of up to 8.05% for super senior citizens. TAX-SAVING INVESTMENTS If you have opted for the old income tax regime, you can lower your taxable income by investing in tax-saving options such as the National Pension System, Employees’ Provident Fund, Public Provident Fund, Tax-saving FDs and Equity Linked Savings Scheme before March 31, 2025.

2025 Itr Epf Uan Your Uan  special  2025  days  fds  miss  dont  31  fd  insurance  epf  deadlines  itr  uan  money  super  income  taxsaving  interest

History of this topic

EPFO retains 8.25 pc interest rate on employees' provident fund deposits for 2024-25
3 weeks ago

EPFO retains 8.25 pc interest rate on employees' provident fund deposits for 2024-25

Deccan Chronicle  

New Delhi: Retirement fund body EPFO on Friday retained an interest rate of 8.25 per cent on employees' provident fund deposits for 2024-25, sources said.In February 2024, the Employees' Provident Fund Organisation had increased the interest rate on EPF marginally to 8.25 per cent for 2023-24, from 8.15 per cent in 2022-23. "The EPFO's apex decision making body Central Board …

EPFO retains 8.25% interest rate on employees' provident fund deposits for 2024-25: Report
3 weeks ago

EPFO retains 8.25% interest rate on employees' provident fund deposits for 2024-25: Report

Hindustan Times  

The interest rate on employees' provident fund deposits has remained unchanged at 8.25% for 2024-25, PTI reported. The Employees' Provident Fund Organisation, which manages the EPF accounts of over seven crore subscribers, had increased the EPF interest rate from 8.15% in 2022-23 to 8.25% in 2023-24. EPFO has reportedly set an interest rate of 8.25% on EPF deposits for 2024-25, …

EPFO again extends last date for UAN activation and aadhaar seeding; this time to Feb 15
1 month, 1 week ago

EPFO again extends last date for UAN activation and aadhaar seeding; this time to Feb 15

Live Mint  

Employees Provident Fund Organisation has announced to extend the last date for UAN activation and aadhaar seeding in bank account of all the employees till Feb 15, 2025. The scheme benefits are meant to be disbursed through direct benefit transfer to the bank account so long as it is linked to aadhaar. The circular dated Nov 22 had stated that …

EPFO achieves milestone of settling over 5 crore claims in FY 2024-25: Mansukh Mandaviya
1 month, 2 weeks ago

EPFO achieves milestone of settling over 5 crore claims in FY 2024-25: Mansukh Mandaviya

Live Mint  

New Delhi, February 6 : Union Labour and Employment Minister Dr Mansukh Mandaviya has said that Employees' Provident Fund Organisation has achieved a historic milestone by crossing the 5 crore claims settlement mark for the first time in its history in a fiscal year. In the financial year 2024-25, EPFO has processed over 5.08 crore claims amounting to ₹2,05,932.49 crore, …

Faster PF transfers, direct online claims: Check benefits of new EPFO rules
Trending News
2 months ago

Faster PF transfers, direct online claims: Check benefits of new EPFO rules

India Today  

In a landmark move, set to benefit over 65 million subscribers, the Employees’ Provident Fund Organisation has introduced significant reforms to fast-track provident fund transfers. Now, members with fully compliant e-KYC can now self-correct errors online without requiring employer intervention, approval of EPFO or additional documents. The newly introduced measures are expected to minimise the turnaround time, thereby benefiting about …

Provident fund transfer: EPFO relaxes norms, no need to route PF switch through present, former employers
2 months ago

Provident fund transfer: EPFO relaxes norms, no need to route PF switch through present, former employers

Live Mint  

The Employees Provident Fund Organisation has done away with the current requirement for employees to submit online transfer claims to previous and present employers, in a bid to simplify the process. Account transfers between member IDs linked with the same UAN, where the UAN was allotted on or after October 1, 2017, and linked with Aadhaar. Transfers between member IDs …

EPFO extends deadline for UAN and Aadhaar linking: All you need to know
2 months, 3 weeks ago

EPFO extends deadline for UAN and Aadhaar linking: All you need to know

India Today  

The Employees' Provident Fund Organisation has extended the deadline for activating Universal Account Numbers and linking Aadhaar numbers to bank accounts under the Employment Linked Incentive scheme. ACTIVATING UAN: A STEP TOWARDS SEAMLESS EPFO SERVICES Activating your UAN is essential to access the EPFO’s wide range of online services. The UAN is a unique 12-digit number assigned to employees by …

EPFO extends deadline for UAN activation, linking bank account to Aadhaar for ELI scheme benefits to Jan 15
2 months, 3 weeks ago

EPFO extends deadline for UAN activation, linking bank account to Aadhaar for ELI scheme benefits to Jan 15

Live Mint  

The Employees Provident Fund Organisation has extended the deadline for UAN activation and seeding of bank accounts to Aadhaar to avail the benefits under the ELI scheme to January 15. Seeding of bank account with Aadhaar A bank account needs to be linked to Aadhaar so that whenever money is disbursed by the EPFO, it is directly transferred to the …

EPFO key amendments: Now faster claims and more interest benefits for members
3 months, 1 week 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 …

EPFO extends deadline for UAN activation and linking bank a/c to Aadhaar for ELI scheme benefits to Dec 15
3 months, 2 weeks ago

EPFO extends deadline for UAN activation and linking bank a/c to Aadhaar for ELI scheme benefits to Dec 15

Live Mint  

EPFO has extended the deadline for UAN activation and seeding bank accounts with Aadhaar for availing the benefits under ELI scheme till Dec 15. In the latest circular dated December 4, Employees Provident Fund Organisation has issued directions to all employers that the earlier circular stands modified. Extension of timeline "The competent authority has granted an extension of timeline from …

EPFO fixes 8.25 pc interest rate on employees' provident fund for 2023-24
1 year, 1 month ago

EPFO fixes 8.25 pc interest rate on employees' provident fund for 2023-24

New Indian Express  

NEW DELHI: Retirement fund body EPFO on Saturday fixed a three-year high interest rate of 8.25 per cent on employees' provident fund deposits for 2023-24. 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 EPFO's apex decision making body Central …

EPFO To Soon Credit Interests For FY 2022-23 To Employees' Bank Accounts
1 year, 7 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, 7 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, 7 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 …

Centre hikes EPFO interest rate for FY22-23 to 8.15%
1 year, 7 months ago

Centre hikes EPFO interest rate for FY22-23 to 8.15%

Op India  

On the 24th of July, the Union government announced a hike in the interest rate on deposits under the Employees Provident Fund scheme for the financial year 2022-2023. According to a circular issued on Monday, 24 July, the EPFO said the Ministry of Labour and Employment has conveyed the approval of the central government about the increased EPF interest rate. …

EPF Update: Govt Approves 8.15% Interest Rate for Fiscal 2023-24; Details Here
1 year, 7 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 …

PAN-Aadhaar Linking, Higher EPF Pension, And Other Important Personal Finance Deadlines In June 2023
1 year, 9 months ago

PAN-Aadhaar Linking, Higher EPF Pension, And Other Important Personal Finance Deadlines In June 2023

ABP News  

From the deadline for applying for a higher pension to PAN-Aadhaar linking, June 2023 is crucial for some important personal finance tasks that need to be completed. PAN-Aadhaar linking In March 2023, the Finance Ministry extended the deadline to link PAN with Aadhar till June 30, 2023. June 14, 2023 The due date for issuing TDS certificates for tax deducted …

EPFO extends deadline to apply for higher pension till June 26
1 year, 10 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 fixes 8.15% interest rate on employees' provident fund for fiscal 2022-23
1 year, 11 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 employees' provident fund for 2022-23
1 year, 11 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, 11 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 …

EPF Interest Rate Likely To Be Revised Down To 8%, EPFO Board Meet May Decide Today
1 year, 11 months ago

EPF Interest Rate Likely To Be Revised Down To 8%, EPFO Board Meet May Decide Today

News 18  

The interest rate on the employees’ provident fund is likely to be revised, even as the retirement fund body EPFO’s board meets on Monday. According to an ET report recently, the government might peg the interest rate on PF deposits at about 8 per cent for the financial year 2022-23, as compared with 8.1 per cent currently. For 2021-22, the …

EPF Interest Credit: Member Accounts Of 98% Contributory Firms Updated Till Mar 6, Check Details
2 years ago

EPF Interest Credit: Member Accounts Of 98% Contributory Firms Updated Till Mar 6, Check Details

News 18  

Employees’ provident fund member accounts of 98% of contributory firms or establishments have been updated with the latest interest credit till March 6, 2023, Parliament was informed on Monday. “This is an ongoing process, which has been taken up in a scheduled manner post development of software and by March 6, 2023, the process has been completed in respect of …

EPF Board meet pushed to March 27-28
2 years ago

EPF Board meet pushed to March 27-28

The Hindu  

The government on Monday announced the deferral of a meeting of the Employees’ Provident Fund Organisation board, where it is expected to finalise the EPF rate to be paid on crores of formal sector workers’ retirement savings in its custody for 2022-23. Chaired by Union Labour and Employment Minister Bhupender Yadav, the board of trustees of the EPFO was earlier …

EPFO sets May 3 as deadline for subscribers to opt for higher pension
2 years ago

EPFO sets May 3 as deadline for subscribers to opt for higher pension

Deccan Chronicle  

New Delhi: The Employees' Provident Fund Organisation on Monday set May 3 as the deadline for subscribers to opt for a higher pension. The Supreme Court on November 4 allowed another change for employees who were existing EPS members as on September 1, 2014, to contribute up to 8.33 per cent of their actual salaries - as against 8.33 per …

EPFO sets deadline for subscribers to opt for higher pension set as May 3
2 years ago

EPFO sets deadline for subscribers to opt for higher pension set as May 3

Hindustan Times  

The Employees' Provident Fund Organisation on Monday set May 3 as the deadline for subscribers to opt for a higher pension. The Supreme Court on November 4 allowed another change for employees who were existing EPS members as on September 1, 2024, to contribute up to 8.33 per cent of their actual salaries - as against 8.33 per cent of …

Wait for interest credit for 2021-22 prolongs for lakhs of EPF subscribers
2 years, 1 month ago

Wait for interest credit for 2021-22 prolongs for lakhs of EPF subscribers

The Hindu  

Nearly two years after the Budget 2021-22 introduced a tax on annual Employees’ Provident Fund contributions of over ₹2.5 lakh, implementation challenges continue to affect lakhs of EPF members with interest dues for that year still not credited into their accounts. Since then, the Employees’ Provident Fund Organisation has split EPF passbooks for 2021-22 into taxable and non-taxable contributions, but …

EPF rate slashed from 8.5% to 8.1% for 2021-22, to hit savings
3 years ago

EPF rate slashed from 8.5% to 8.1% for 2021-22, to hit savings

The Hindu  

The return on workers’ retirement savings parked with the Employees’ Provident Fund Organisation has been slashed to 8.1% for 2021-22 from the 8.5% rate credited to EPF members’ accounts in the last two years. The EPFO’s income from investments this year stood at ₹76,768 crore from about ₹70,000 crore in 2020-21, when it had paid out 8.5% to EPF accounts. …

EPF alert: Don't miss out on Rs 7 lakh insurance for family members
3 years ago

EPF alert: Don't miss out on Rs 7 lakh insurance for family members

India Today  

Employees Provident Fund members must file e-nomination through UAN allotted by Employees' Provident Fund Organisation, to ensure social security for their family members or nominees. It also ensures insurance of up to Rs 7 lakh for eligible family members under the Employees Deposit Linked Insurance Scheme. HOW TO FILE EPF NOMINATION ONLINE You need to visit the EPFO website - …

EPFO to take call on interest rate for 2021-22 in March
3 years, 1 month ago

EPFO to take call on interest rate for 2021-22 in March

India TV News  

EPFO's apex decision-making body Central Board of Trustee will take a call on interest rate on employees' provident fund deposits for 2021-22 in its meeting next month. Asked whether EPFO would maintain the 8.5 per cent interest rate for 2021-22 as decided for 2020-21, Yadav, who also heads the CBT, said the decision would be taken on the basis of …

How to withdraw money from your Employees’ Provident Fund online?
3 years, 1 month ago

How to withdraw money from your Employees’ Provident Fund online?

Live Mint  

In India, a fixed amount of money, 12%, is deducted from an employee’s salary every month and deposited in an EPF account along with a matched contribution by the employer. This is a retirement savings scheme, for corporate employees, mandated by the government known as the Employees’ Provident Fund. The first step is logging on to EPFO’s e-sewa portal using …

ITR filing to Aadhaar PF link — 4 money tasks you should complete by December 31
3 years, 2 months ago

ITR filing to Aadhaar PF link — 4 money tasks you should complete by December 31

Live Mint  

New year 2022 is about to begin. But within few days left in the year 2021, there are some important money-related tasks that one needs to complete by 31st December. These important tasks are income tax return or ITR filing, Aadhaar PF link, submission of life certificate for pensioners, etc. Here we list out 4 important money-related tasks that one …

PF New Rule: EPF Benefits to Stop from Next Month if you do not Complete this By December-end
3 years, 3 months ago

PF New Rule: EPF Benefits to Stop from Next Month if you do not Complete this By December-end

News 18  

Employees Provident Fund Update: All account holders of the Employees Provident Fund will have to make changes in their accounts by December 31, as a new rule will be implemented from next month. The Employees Provident Fund Organisation has in a notification said that employees will need to add a nominee to their EPF accounts by December 31 this year. …

EPF Contributions Will Stop from Next Month if you do not Update this Document. Know Details
3 years, 3 months ago

EPF Contributions Will Stop from Next Month if you do not Update this Document. Know Details

News 18  

The Employees Provident Fund or EPF is an indispensable part of any corporate employee’s work life, and there are several things one would like to know about the scheme. In case if the employee’s EPF account is not Aadhaar verified, it may mean that employer’s contribution shall not be credited into employees’ account,” said Raunak Singh, partner, Avitr Legal. “On …

PF Rule Update: E-nomination must to get Rs 7 lakh Free Insurance, Pension. How to do it
3 years, 5 months ago

PF Rule Update: E-nomination must to get Rs 7 lakh Free Insurance, Pension. How to do it

News 18  

It was recently announced that the Employees’ Provident Fund Organisation members can file their nomination for PF, pension and insurance benefits online. Step 2: From the options available, tap on ‘ Service’ Step 3: A new set of options will appear, and you have to choose the one reading – ‘For Employees’ Step 4: Click on ‘Member UAN/ Online Service …

PF-Aadhaar Link: Haven't Linked Aadhaar with EPF Account? Don't Worry, You'll Get Money
3 years, 5 months ago

PF-Aadhaar Link: Haven't Linked Aadhaar with EPF Account? Don't Worry, You'll Get Money

News 18  

The Delhi High Court on Friday extended the deadline for citizens to link their Aadhaar number with the Universal Account Number. The court, which was dealing with a petition by the Association of Industries and Institutions, said that the Employees’ Provident Fund Organisation would appoint a Grievance Redressal Officer. On the other hand, for those employees that have already submitted …

Aadhaar-PF Linking Extended till December 31 for These People. Know New PF Rule
3 years, 6 months ago

Aadhaar-PF Linking Extended till December 31 for These People. Know New PF Rule

News 18  

The Employees’ Provident Fund Organisation had announced that the deadline to link the Aadhaar card to the universal account number was extended. The tweet from the EPFO’s official Twitter handle read as follows: Deadline for Aadhaar linking of UAN extended till 31.12.2021 for Establishments in NORTH EAST and certain class of establishments. “…Considering the challenges faced by the employers and …

PF Rule Change from Next Month: You Won't Get EPF Money if These Documents Are Not Linked
3 years, 6 months ago

PF Rule Change from Next Month: You Won't Get EPF Money if These Documents Are Not Linked

News 18  

Starting from next month, your employer will only be able to credit money in your provident fund account if your UAN is linked to your Aadhaar card. Due to non-linking of Aadhaar and UAN, the employers would not be able to deposit the employee’s and employer’s contribution in the fund,” said Subodh Sadana, Partner, AnantLaw. ” Explaining the new rule, …

Link your EPFO-Aadhaar before September 1; know how to do it online
3 years, 7 months ago

Link your EPFO-Aadhaar before September 1; know how to do it online

India Today  

Employees’ Provident Funds Ordinance is one of the World's largest Social Security Organisations in terms of clientele and the volume of financial transactions undertaken. And EPFO has earlier issued a notification saying that its subscribers must link their Aadhaar card with their Provident Fund accounts by September 1, 2021 to continue receiving funds into their accounts. EPFO released a statement …

EPFO Deadline: Filing PF Return With Aadhaar Seeded UANs Extended Till September 1
3 years, 9 months ago

EPFO Deadline: Filing PF Return With Aadhaar Seeded UANs Extended Till September 1

ABP News  

In a move offering relief to lakhs of formal sector workers, the Employee Provident Fund Organisation on Tuesday extended the mandatory seeding of Aadhaar details with employees’ records for monthly statutory EPF payment. Earlier, EPFO directed the employers that Electronic Challan cum Return is allowed for only those EPFO members whose Aadhaar account is seeded. It meant that if an …

EPFO fixes interest rate on EPF deposits at 8.5% for 2020-21: Sources
4 years ago

EPFO fixes interest rate on EPF deposits at 8.5% for 2020-21: Sources

India Today  

The Employees’ Provident Fund Organisation has fixed the rate of interest on provident fund deposits at 8.5 per cent for the financial year 2020-21, sources in the government have said. The decision to fix the EPFO interest rate at 8.5 per cent was taken in the backdrop of an economic slowdown due to coronavirus pandemic that forced the Indian economy …

EPFO likely to announce interest rates on provident fund deposits for FY 2020-21 today
4 years ago

EPFO likely to announce interest rates on provident fund deposits for FY 2020-21 today

Firstpost  

The Employees Provident Fund Organisation is expected to announce the interest rates on provident fund deposits for the financial year 2020-21 on Thursday. The central board of trustees will meet in Srinagar and reports say the EPFO could lower the rates for FY 20-21 following the economic downturn throughout the last year due to novel coronavirus. In March 2020, the …

Employees’ Provident Fund (EPF): 3 reasons why you might earn less returns this year
4 years, 9 months ago

Employees’ Provident Fund (EPF): 3 reasons why you might earn less returns this year

Live Mint  

If you are depending on your employees' provident fund account for retirement needs, earnings from this financial year is likely to disappoint you. Despite falling interest rates in fixed deposits and small saving schemes, the Employees' Provident Fund Organisation had declared an interest rate of 8.5% for 2019-20. Since there will be less contribution for 3 months, the monthly balance …

Over 7 Lakh EPF Holders Pull Out Approx Rs 2,300 Crore in 1 Month
4 years, 10 months ago

Over 7 Lakh EPF Holders Pull Out Approx Rs 2,300 Crore in 1 Month

The Quint  

About 7.4 lakh subscribers of the Employee Provident Fund have withdrawn close to Rs 2,368 crore in the last month, as per a report by The Times of India. In totality, EPFO has reportedly settled 12.9 lakh claims amounting to Rs 4,685 crore, including the withdrawals conducted through the special window facility. On 26 March, the government had announced that …

₹54,000 crore EPF interest to be credited soon into 6 crore accounts. How to check your balance
5 years, 5 months ago

₹54,000 crore EPF interest to be credited soon into 6 crore accounts. How to check your balance

Live Mint  

Interest for 2018-19 will soon be credited to the accounts of more than 6 crore subscribers of retirement fund body EPFO after the Labour Ministry notified 8.65% interest rate on EPF or Employees Provident Fund for 2018-19. This will pave the way for crediting ₹54,000 crore as 8.65% interest for 2018-19, into the accounts of more than 6 crore EPFO …

Good news: Govt approves 8.65% interest rate; over 6 crore EPFO members set to benefit
5 years, 6 months ago

Good news: Govt approves 8.65% interest rate; over 6 crore EPFO members set to benefit

India TV News  

The government on Thursday approved 8.65 per cent interest rate on employees provident fund for 2018-19, news agency PTI quoted sources as saying. The Central Board of Trustees -- the apex decision-making body of the Employees' Provident Fund Organisation -- had approved 8.65 per cent interest rate for the last fiscal on February 21 this year. Earlier this week, Labour …

For 6 crore EPFO subscribers, EPF interest rate may remain unchanged
5 years, 8 months ago

For 6 crore EPFO subscribers, EPF interest rate may remain unchanged

Live Mint  

After a finance ministry proposal to cut down the Employees' Provident Fund Organization interest rate for the last financial year 2018-19 was shot down by the labour ministry, EPF rates may remain unchanged for about 6 crore subscribers. In February, the retirement fund body, managed by the labour ministry, had announced a 10 basis points increase in the interest rate …

EPFO recovers Rs 459 crore PF dues out of Rs 1,251 crore outstanding in 2018-19
5 years, 8 months ago

EPFO recovers Rs 459 crore PF dues out of Rs 1,251 crore outstanding in 2018-19

India TV News  

Retirement fund body EPFO has recovered Rs 459.81 crore out of Rs 1,251.44 crore pending provident fund dues during 2018-19, Parliament was informed on Wednesday. The total backlog or outstanding provident fund dues of the Employees' Provident Fund Organisation during 2018-19 was Rs 791.63 crore, Labour Minister Santosh Gangwar said in a written reply to the Rajya Sabha. For realising …

EPF rate hike likely in bonanza for salaried employees
6 years, 2 months ago

EPF rate hike likely in bonanza for salaried employees

Live Mint  

New Delhi: Retirement fund manager Employees’ Provident Fund Organisation may raise interest rates from the current level of 8.55%, bringing cheer to millions of employees in the organized sector. “It’s an important year and we are making the last round of calculations before announcing the EPF rate in late January.” Prabhakar Banasure, a member of EPFO’s central board of trustees, …

Discover Related