Tag: EPFO

EPFO added 14.93 lakh net members in December

The year-on-year comparison of payroll data reflects an increase of 32,635 in net membership addition in December 2022 as compared to the corresponding month during the last year.

February 20, 2023

EPFO adds 16.26 lakh net members in November-2022

Net membership of females in organised workforce grew by 7.90 per cent in November 2022 as compared to November 2021.

January 20, 2023

986,850 people added under employee provident fund in August: EPFO

A total of 986,850 people subscribed to employee provident fund during the month of August, an 11 per cent decline in comparison to the previous month, data released by the Ministry of Statistics and Programme Implementation on Tuesday showed.

October 25, 2022

EPFO to disburse 8.10% interest to its subscribers

The Central Board has recommended an 8.10% rate of interest to its subscribers for the year 2021-22. The decision was taken in the 230th meeting of the Central Board of Trustees, EPF was held today during the AKAM Iconic Week in Guwahati under the Chairmanship of Bhupendra Yadav, Union Minister for Labour & Employment and Environment.

March 12, 2022

EPFO Payroll data: EPFO added 13.95 lakh net subscribers in November, 2021

The payroll data is provisional since the data generation is a continuous exercise, as updation of employee record is a continuous process.

January 20, 2022

EPFO added over 15 lakh subscribers during September

The net subscriber additions have increased by 1.81 lakh as compared to the previous month of August when it was 13.60 lakh.

November 20, 2021

July maintains growth trend in net payroll additions to EPF Scheme; EPFO data shows over nine lakh come under the social security scheme for the first time

Around 5.63 lakh net subscribers exited but rejoined EPFO by changing jobs within the establishments covered by EPFO.

September 21, 2021

EPFO allows its members to avail second Covid-19 advance

Members who have already availed first Covid-19 advance can now opt for a second advance also.

May 31, 2021

EPF subscribers continue to receive 8.5% interest for 2020-21

The EPF interest rate provided for 2019-20 was the lowest since 2012-13, when it was 8.5 per cent.

March 4, 2021

EPFO to credit 8.15% of 8.5% interest to subscribers for FY20′

The board headed by Labour Minister Santosh Gangwar had decided to provide 8.5 per cent interest rate for 2019-20 in its meeting held in March this year.

September 9, 2020

EPFO partners with CSC to provide ease to submit Digital Jeevan Pramaan for pensioners

EPS pensioners are required to submit Jeevan Pramaan /Life certificate each year to continue to draw pension.

June 11, 2020

12.91 lakhs Indians claim Rs 4684.52 crores from PF accounts amid lockdown

EPFO, which comes under the Ministry of Labour and Employment, has settled a total of 12.91 lakh claims which includes 7.40 lakhs COVID-19 claims under the Pradhan Mantri Garib Kalyan Yojana (PMGKY) package.    

April 28, 2020

Union cabinet to approve proposal on EPFO contribution, advances

As part of the relief package worth Rs 1.7 lakh crore announced, the Centre will pay the Employees’ Provident Fund (EPF) contribution both of the employer and of the employee (24 per cent put together) for firms with over 100 employees.

April 15, 2020

EPFO cuts interest rate on PF deposits to 8.5% for 2019-20, says labour minister Gangwar

In the last fiscal, 2018-19, the interest rate was at 8.65 per cent.

March 5, 2020

EPFO Board recommends 8.65% interest rate for 2018-19

This is the first time since 2015-16 that the interest rate has been raised.

February 21, 2019

Have a pension payment enquiry? Check new portal on EPFO website

pensioners can check pension payment order number, passbook details and other related information such as date of credit of pension, submission of pensioner’s life certificate etc on the portal

March 28, 2018

EPFO goes paperless, claims over Rs 10 lakh to be filed online

In a major step towards going paperless, the Employees Provident Fund Organisation (EPFO) made online filing mandatory in cases where withdrawal claim is above Rs 10 lakh. Online filing has also been made compulsory for withdrawals of above Rs 5 lakh under the Employees Pension Scheme (EPS). As of now, those covered under EPFO and...

February 28, 2018