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REVEALED: 3 - The Real Truth

Those with less than 6 months to retire can withdraw EPS-95 amount, says EPFO

NEW DELHI: The Employees Pension Fund Organisation on Monday decided to allow withdrawal of accumulations in Employees’ Pension Scheme 1995 (EPS-95) for subscribers who have less than six months of service left.

The Times of India

EPFO adds 16.94 lakh net subscribers in August

NEW DELHI: Retirement fund body EPFO net added 16.94 lakh new subscribers in August 2022, registering a 14.4 per cent rise as compared to the year-ago period, according to official data.

The Times of India

No loss of interest for EPF subscribers: Finance ministry

NEW DELHI: The finance ministry has said there is no loss of interest rate for EPFO subscribers and the delay in crediting interest for the last fiscal is due to software upgrade being conducted.

The Times of India

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ESIC scheme adds 15.72 lakh new members in July: Report by National Statistical Office

According to the report, net new enrollments with retirement fund body EPFO stood at 18.23 lakh in July 2022.

The Hindu

EPFO adds 18.23 lakh subscribers in July

NEW DELHI: Retirement fund body EPFO added 18.23 lakh new subscribers in July 2022, registering a 24.48 per cent rise as compared to the year-ago period, according to official data.

The Times of India

SC reserves judgment in EPFO case

Lawyers for the government stress that EPS is meant to support poor workers

The Hindu

Subscribers say there is surplus money in EPS

Supreme Court informed that interest earnings are more than what is paid as monthly pension

The Hindu

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SC begins hearing of EPFO appeal against Kerala High Court judgment

The Kerala HC set aside amendments on ‘determination of pensionable salary’ under the Employees’ Pension Scheme of 1995 as ‘ultra vires’

The Hindu

EPFO to soon disburse pension to over 73 lakh pensioners via central system

Currently, 138 regional offices of the EPFO disburse pensions to beneficiaries in their region separately

The Hindu

EPFO adds 17.08 lakh net subscribers in April

NEW DELHI: Retirement fund body EPFO has added 17.08 lakh net new subscribers in April 2022, nearly 34 per cent more than 12.76 lakh enrolled in the same month a year ago.

The Times of India

Centre okays slashing PF interest rate

The lowest interest rate the PF accounts had seen was 8% in 1977-78

The Hindu

Lowest in 40 years: Govt approves reduction of EPF interest rate to 8.1% for FY22

NEW DELHI: The government on Friday approved lowering interest rate on employees' provident fund (EPF) to 40 year low of 8.1 per cent for financial year 2021-22.

The Times of India

India created 146 lakh payroll in FY22; formalisation rate at 8%: Report

NEW DELHI: Bucking the slump created by Covid-19 pandemic since the past 2 years, India created 146 lakh payroll in financial year 2021-22, a report by State Bank of India (SBI) economists showed on Friday.

The Times of India

Ramban incident: EPFO submits composite form for pension, insurance and PF to family of two locals

JAMMU: In continuation to its endeavours to provide social security to the members and their dependents in times of hardships, Rizwan Uddin, Regional Provident Fund Commissioner – I, EPFO RO Jammu, Kashmir and Ladakh took cognizance of the recent tragic death of two local workers at Khooni-Naalah tragic incident in…

The Times of India

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The Hindu

Stone quarry accident: Assistant Director of Mines suspended

The Collector to deploy teams of experts in 52 quarries to unearth violations

The Hindu

Joblessness on the rise in India

India is in the throes of a widening joblessness crisis and misinformation does not help

The Hindu

1.70 lakh formal jobs added in the formal sector in February 2022

This is an increase of 26% from January 2022 and 13% from February 2021

The Times of India

EPFO adds 14.12 lakh subscribers in February

NEW DELHI: Retirement fund body EPFO on Wednesday said it added 14.12 lakh subscribers in February 2022, 14 per cent more than 12.37 lakh enrolled in the same month a year ago.

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The Hindu

The fineprint on the new tax on Employees’ Provident Fund income

What are the guidelines on taxing Provident Fund contributions? Who is going to be impacted?

The Hindu

Operational guidelines for taxing EPF issued

Those who don’t link their PAN to the savings account will be charged at 20%

The Times of India

EPFO interest rate better than other schemes, reflects today's realities: Finance minister

NEW DELHI: Finance minister Nirmala Sitharaman on Monday defended a proposal to cut interest rate paid on employees' provident fund deposits to over four-decade low of 8.1 per cent, saying the rate is dictated by today's realities where interest rate on other small saving instruments was even lower.

The Hindu

Opposition MPs raise rate cut on EPFO deposits in Lok Sabha

Members also demand increase in minimum pension under EPS

The Hindu

Reduction in EPFO interest rate BJP's 'return gift' to people following win in Assembly elections 2022: Congress

"The income of 84% people of the country has decreased. Is it right to attack the savings of crores of employees on the basis of electoral victory?" asked Congress chief spokesperson Randeep Surjewala

The Hindu

Provident Fund grievance redressal webinar on March 10

The Employees’ Provident Fund Organisation (EPFO), Regional Office, Chennai North will be conducting ‘‘Nidhi Aapke Nikat” (PF Near You) through webinar on March 10 at 11.30 a.m for speedy redressal of grievances.

The Hindu

EPFO plans new pension scheme

The EPFO had amended the scheme in 2014 to cap monthly pensionable basic wages to ₹15,000.

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