The Employees’ Provident Fund Organisation (EPFO) on May 2, 2023, extended the last date to apply for higher pensions under the Employees’ Pension Scheme (EPS). From May 3, 2023, the date is now extended … READ FULL STORY
All necessary changes were made to comply with a Supreme Court (SC) order on higher EPS pension, the labour & employment ministry said in a statement issued late on May 3, 2023. While giving … READ FULL STORY
Employee Pension Plan is a savings scheme developed under the Employee Provident Funds and Miscellaneous Act of 1952. The Employee Provident Fund Organization oversees the management of this savings plan (EPFO). This article will … READ FULL STORY
The Employees’ Pension Scheme (EPS) is a retirement benefit programme provided by the Employees’ Provident Fund Organisation (EPFO). It is specifically created to benefit those who earn a salary. Under this scheme, an employee … READ FULL STORY
Members of the Employees’ Provident Fund Organisation (EPFO) have an online platform to raise their grievances (complaints). They also have the option to do it offline . “Grievances can be lodged at any place … READ FULL STORY
The Employees’ Provident Fund Organisation (EPFO) has added 14.86 lakh net members in January 2023, official data show. Of the 14.86 lakh members added during the month, around 7.77 lakh new members have come … READ FULL STORY
The employment provident fund organization will release their current recruitment drive for the EPFO assistant post. The official notification for this post is ready to release all the essential details a candidate should follow. … READ FULL STORY
Employee’s Provident Fund, also commonly known as EPF, is a scheme first introduced by the Employee Provident Fund Organisation or EPFO. In this scheme, employees and employers add a part of their monthly salaries … READ FULL STORY
The apex decision making body of the Employees Pension Fund Organisation (EPFO) on February 10, 2024, recommended an annual interest of 8.25% on provident fund amount for the financial year 2023-24 (FY24). The interest … READ FULL STORY
EPFO KYC update is necessary, to make any EPF claims and update EPF nominations. PF account holders with activated UAN can upload and update their EPFO KYC details online. After the KYC update, you … READ FULL STORY
Under the provisions of the EPFO, both, the employer and the employee make contributions to the latter’s PF account – 12% of the employee’s basic salary plus certain allowances. However, the responsibility to deposit … READ FULL STORY
To achieve its objective of ‘Housing for All by2022’, the Central government launched various measures that made home purchases easier, especially for middle-class home buyers. Among these measures was the EPFO Housing Scheme announced … READ FULL STORY
Recently, the Employees Provident Fund (EPF) rules were relaxed to enable members of the Employees’ Provident Fund Organisation (EPFO) to withdraw money from their EPF accounts for home loan to purchase property or for … READ FULL STORY
