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Provident Fund Body EPFO Retains 8.25% Interest For FY25
The government has ratified the rate of interest on employees' provident fund at 8.25 per cent for FY25, enabling retirement fund body EPFO to deposit the annual interest accumulation in the post-retirement funds of over 7 crore subscribers.
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Employees Can Now Generate EPFO UAN Through Face Authentication
Employees subscribing to social security schemes of the retirement fund body EPFO can now generate universal provident fund account number (UAN) and related services through face authentication, Union Labour Minister Mansukh Mandaviya said on Tuesday
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EPFO Eases Provident Fund Withdrawal Process: See Details Here
Retirement fund body EPFO on Thursday said applicants seeking withdrawal from provident funds online do not have to upload the image of a cancelled cheque and their bank accounts need not be verified by employers.
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Retirement Fund Body EPFO Achieves Record 2.16 Crore Auto-Claims In FY25
Retirement fund body EPFO settled a record number of 2.16 crore claims through the autonomous process in the current financial year till March 6, which was more than double the figure of last fiscal, Parliament was informed on Monday.
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EPFO Retains 8.25% Interest Rate On Provident Fund Deposits For 2024-25
Retirement fund body EPFO on Friday retained an interest rate of 8.25 per cent on employees' provident fund (EPF) deposits for 2024-25, sources said.
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EPFO Net Member Addition Rises 9% To 18.81 Lakh In September: Report
Retirement fund body EPFO logged 9.33 per cent growth in net member additions in September at 18.81 lakh compared to the year-ago month, showed payroll data released on Wednesday.
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EPFO Hikes Interest Rate On Deposits To 8.25% From 8.15%
Retirement fund body EPFO has hiked the interest rate on employees provident fund (EPF) deposits for 2023-24 to 8.25%, a three-year-high.
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Retirement Fund Body EPFO Extends Deadline For Higher Pension Till July 11
Retirement fund body EPFO has extended the deadline for filing applications to opt for a higher pension till July 11.
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Additional Contribution Of 1.16% For Higher Pension From Employers' Payout
Additional contribution of 1.16 per cent of basic wages for subscribers opting for higher pension will be managed from employers' contributions to social security schemes run by retirement fund body EPFO.
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Employee Provident Fund (PF) Interest Rate Hiked Marginally To 8.15%
Retirement fund body EPFO has recommended marginally increasing the interest rate to 8.15% for the current financial year from 8.1% in the previous year, the Ministry of Labour and Employment said on Tuesday.
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Provident Fund Body Implements Supreme Court Order On Higher Pension Option
Retirement fund body EPFO has asked its field offices to provide an option for higher pension to eligible subscribers in accordance with the Supreme Court order on November 4, 2022.
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18 Million Jobs Created In 15-Month Period Starting September 2017: Study
More than 18 million jobs were generated by India's formal sector in a 15-month period starting September 2017, a study based on payroll data of retirement fund body EPFO, PFRDA and Employees'' State Insurance Corporation (ESIC) shows.
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Provident Fund Portal Hacked, 2.7 Crore People Face Data Theft
The personal and professional details of about 2.7 crore members registered with the retirement fund body Employees Provident Fund Organisation (EPFO) have been exposed to data theft.
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EPFO Cuts Interest Rate Again: A Look At Its Rise, Fall And Comparison From Previous Years
Nearly 5 crore subscribers have been affected after EPFO or Employees' Provident Fund Organisation, the retirement fund body, reduced the interest rate and it will pay 8.55 per cent for for 2017-18.
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Provident Fund Deposits To Fetch Lower Interest Rate In 2017-18: 5 Points
EPFO or Employees' Provident Fund Organisation today announced an interest rate of 8.55 for the year 2017-18 as compared to 8.65 per cent interest rate given to subscribers in 2016-17, and 8.8 per cent interest offered in 2015-16. Even though the EPFO has lowered the interest rate, the returns from provident fund deposits compare favourably to that...
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Provident Fund Body EPFO Retains 8.25% Interest For FY25
The government has ratified the rate of interest on employees' provident fund at 8.25 per cent for FY25, enabling retirement fund body EPFO to deposit the annual interest accumulation in the post-retirement funds of over 7 crore subscribers.
-
Employees Can Now Generate EPFO UAN Through Face Authentication
Employees subscribing to social security schemes of the retirement fund body EPFO can now generate universal provident fund account number (UAN) and related services through face authentication, Union Labour Minister Mansukh Mandaviya said on Tuesday
-
EPFO Eases Provident Fund Withdrawal Process: See Details Here
Retirement fund body EPFO on Thursday said applicants seeking withdrawal from provident funds online do not have to upload the image of a cancelled cheque and their bank accounts need not be verified by employers.
-
Retirement Fund Body EPFO Achieves Record 2.16 Crore Auto-Claims In FY25
Retirement fund body EPFO settled a record number of 2.16 crore claims through the autonomous process in the current financial year till March 6, which was more than double the figure of last fiscal, Parliament was informed on Monday.
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EPFO Retains 8.25% Interest Rate On Provident Fund Deposits For 2024-25
Retirement fund body EPFO on Friday retained an interest rate of 8.25 per cent on employees' provident fund (EPF) deposits for 2024-25, sources said.
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EPFO Net Member Addition Rises 9% To 18.81 Lakh In September: Report
Retirement fund body EPFO logged 9.33 per cent growth in net member additions in September at 18.81 lakh compared to the year-ago month, showed payroll data released on Wednesday.
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EPFO Hikes Interest Rate On Deposits To 8.25% From 8.15%
Retirement fund body EPFO has hiked the interest rate on employees provident fund (EPF) deposits for 2023-24 to 8.25%, a three-year-high.
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Retirement Fund Body EPFO Extends Deadline For Higher Pension Till July 11
Retirement fund body EPFO has extended the deadline for filing applications to opt for a higher pension till July 11.
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Additional Contribution Of 1.16% For Higher Pension From Employers' Payout
Additional contribution of 1.16 per cent of basic wages for subscribers opting for higher pension will be managed from employers' contributions to social security schemes run by retirement fund body EPFO.
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Employee Provident Fund (PF) Interest Rate Hiked Marginally To 8.15%
Retirement fund body EPFO has recommended marginally increasing the interest rate to 8.15% for the current financial year from 8.1% in the previous year, the Ministry of Labour and Employment said on Tuesday.
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Provident Fund Body Implements Supreme Court Order On Higher Pension Option
Retirement fund body EPFO has asked its field offices to provide an option for higher pension to eligible subscribers in accordance with the Supreme Court order on November 4, 2022.
-
18 Million Jobs Created In 15-Month Period Starting September 2017: Study
More than 18 million jobs were generated by India's formal sector in a 15-month period starting September 2017, a study based on payroll data of retirement fund body EPFO, PFRDA and Employees'' State Insurance Corporation (ESIC) shows.
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Provident Fund Portal Hacked, 2.7 Crore People Face Data Theft
The personal and professional details of about 2.7 crore members registered with the retirement fund body Employees Provident Fund Organisation (EPFO) have been exposed to data theft.
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EPFO Cuts Interest Rate Again: A Look At Its Rise, Fall And Comparison From Previous Years
Nearly 5 crore subscribers have been affected after EPFO or Employees' Provident Fund Organisation, the retirement fund body, reduced the interest rate and it will pay 8.55 per cent for for 2017-18.
-
Provident Fund Deposits To Fetch Lower Interest Rate In 2017-18: 5 Points
EPFO or Employees' Provident Fund Organisation today announced an interest rate of 8.55 for the year 2017-18 as compared to 8.65 per cent interest rate given to subscribers in 2016-17, and 8.8 per cent interest offered in 2015-16. Even though the EPFO has lowered the interest rate, the returns from provident fund deposits compare favourably to that...
