EPF subscribers to withdraw funds from ATMs starting next year
Dec 11, 2024, at 06:16 pm
New Delhi: The Labour Ministry is upgrading its IT systems to enable Employees' Provident Fund Organisation (EPFO) subscribers to withdraw funds directly from ATMs, Labour Secretary Sumita Dawra said on Wednesday, according to media reports.
EPFO enrolls 1.9 million net members in April, up 31% from March
Jun 21, 2024, at 04:22 am
New Delhi: The retirement body EPFO enrolled 1.9 million net members in April this year, registering an over 31 percent increase from the previous month’s count, according to provisional payroll data released on Thursday.
EPFO adds 15.62 lakh net members in December
Feb 20, 2024, at 11:30 pm
Indicating an uptick in employment, the EPFO has said that it added 15.62 lakh net members during December 2023, which is the highest in the previous 3 months.
EPFO extends three months’ time for employers to upload wage details by Dec 31
Oct 01, 2023, at 12:46 am
New Delhi: The Central Board of Trustees of EPFO has extended the time, for the employers to submit wage details and other required information till December 31, 2023.
EPFO extends deadline for higher pension till July 11
Jun 27, 2023, at 02:25 pm
New Delhi: Retirement fund body EPFO has extended the deadline to file applications to apply for higher pension till July 11.
Employees' Provident Fund adds 17.20 lakh members in April
Jun 21, 2023, at 04:51 am
New Delhi: The Employees' Provident Fund Organisation (EPFO) recorded a net addition of 17.20 lakh members in April this year, according to the payroll data released on Tuesday.
EPFO adds 1.39 crore net members in FY23, 13.40 lakh added in March
May 22, 2023, at 02:17 am
New Delhi: The Employees' Provident Fund Organisation (EPFO) added 13.40 lakh net members in the month of March, the Ministry of Labour & Employment said on Saturday.
EPFO adds 16.26 lakh new net subscribers in Nov 2022
Jan 21, 2023, at 08:28 am
New Delhi/IBNS: Employees' Provident Fund Organisation (EPFO) has added 16.26 lakh new net subscribers during November 2022, registering a 16.5 percent higher compared to a year ago, the labour ministry said on Friday.
EPFO likely to increase equity investment to 20 pc
Jul 19, 2022, at 03:37 am
New Delhi: Employees Provident Fund Organisation (EPFO) may approve a proposal to increase its investments in equities to up to 20 percent from the current limit of 15 percent during the EPFO trustees’ meeting scheduled to be held on July 29 and 30, media reported.
EPFO mulls increasing equity investment to 25 pc
Jun 07, 2022, at 11:25 pm
New Delhi: The Employers' Provident Fund Organisation (EPFO) is considering a proposal to increase its investment in equities from 15 percent to 25 percent in order to cover the gap in the shortfall in returns with investment in debt securities, media reports said.
Govt approves 8.1 pc interest rate on PF deposits for 2021-22
Jun 04, 2022, at 04:20 am
New Delhi: The Centre Friday notified 8.1 percent interest on Employees' Provident Fund (EPF) deposits, paving the way for crediting the interest into the accounts of 60 million EPFO account holders for 2021-22.
Jammu and Kashmir: EPFO Srinagar organises seminar
Apr 18, 2022, at 03:24 am
Srinagar: Employees Provident Fund Organisation (EPFO) Srinagar on Friday organised a seminar on various schemes framed under EPF and MP Act, 1952 in association with Muslim Education Institute, Pampore(MEI) under the “NidhiApkeNikat” programme.
EPFO adds 15.29 lakh net subscribers during month of January
Mar 21, 2022, at 12:42 am
New Delhi: Employees' Provident Fund Organisation (EPFO) on Sunday said it added 15.29 lakh net subscribers during the month of January, 2022 indicating uptick in the formal job market.
EPFO slashes rates to 8.1 pc for 2021-22 fiscal year
Mar 12, 2022, at 08:07 pm
New Delhi: In what may be seen as a major setback for millions of middle-class Indians, especially amid the rising inflation, state-run Employees Provident Fund Organisation (EPFO) on Saturday slashed the interest rates to 8.1 per cent for the fiscal year 2021-22.
13.95 lakh new EPFO subscribers in November, signals uptick in job market
Jan 21, 2022, at 02:01 am
New Delhi/UNI: Retirement fund manager Employees' Provident Fund Organisation (EPFO) added 13.95 lakh net subscribers during the month of November 2021, showing an increase of around 2.85 lakh net additions over the previous month.
Jammu and Kashmir Bank signs agreement with EPFO
Mar 29, 2021, at 10:21 pm
Srinagar: Jammu and Kashmir Bank has entered into an agreement with the Central Board of Trustees of Employees’ Provident Fund Organization (EPFO), according to which the Bank has been appointed as agent for the purpose of disbursement of pension under the Employees’ Pension Scheme 1995.
3.18 lakh net new EPFO subscribers registered in May against one lakh in April
Jul 22, 2020, at 11:19 pm
New Delhi/UNI: Employees' Provident Fund Organisation has grown by 3.18 lakh new net members during May, registering a whopping 218 per cent month on month growth.
EPFO recommends hike in interest rate on PF deposits to 8.65 pc for FY 18-19
Feb 21, 2019, at 08:42 pm
New Delhi, Feb 21 (UNI) The Employees' Provident Fund Organisation (EPFO) on Thursday recommended a hike in the interest rate on PF deposits of its subscribers from 8.55 percent to 8.65 percent for the financial year 2018-19.
Multiple banking system for EPFO contribution and payments
Jul 05, 2017, at 11:53 pm
New Delhi, Jul 5 (IBNS): The Employees' Provident Fund Organisation (EPFO), on Wednesday, entered into an agreement with the public and private sector banks for Multiple Banking System for EPFO contribution and payments, in New Delhi.
Interest on EPF deposits slashed by 0.15 pc
Dec 19, 2016, at 08:34 pm
New Delhi, Dec 19 (IBNS) : Contrary to speculations, the provident fund body - the Employees Provident Fund Organisation ( EPFO) on Monday lowered the interest on EPF deposits by 0.15 per cent , reports said.
EPFO to invest in Equity through SBI Mutual Fund ETFs
Aug 06, 2015, at 08:15 pm
Mumbai, Aug 6 (IBNS): The Employees Provident Fund Organisation (EPFO), as guided by Union Ministry for Labour & Employment, Government of India and the Union Ministry for Finance, on Thursday announced its strategic participation in the Equity asset class.