Employees Provident-fund-organisation

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Employees Provident-fund-organisation - Total results - 45
EPFO decides to retain 8.5% interest rate on provident fund deposits for FY 2020-21
India

EPFO decides to retain 8.5% interest rate on provident fund deposits for FY 2020-21

EPFO's decision comes amid speculation that the rate of interest would be lowered for this fiscal, in view of more withdrawals and less contribution from members due to COVID-19 pandemic

EPFO likely to announce interest rates on provident fund deposits for FY 2020-21 today
India

EPFO likely to announce interest rates on provident fund deposits for FY 2020-21 today

New EPFO enrolments have grown to 12.54 lakh in December 2020, a staggering 24 percent rise when compared to the same month for the year 2019

EPFO releases Rs 868 crore pension along with Rs 105 crore arrear for commutation
Business

EPFO releases Rs 868 crore pension along with Rs 105 crore arrear for commutation

Retirement fund body EPFO on Monday said it has released Rs 868 crore pension along with Rs 105 crore arrears on account of restoration of commuted value of (higher) pension

Around 8.21 lakh subscribers join ESIC scheme in March as against 11.83 lakh in February: Payroll data
Business

Around 8.21 lakh subscribers join ESIC scheme in March as against 11.83 lakh in February: Payroll data

Around 8.21 lakh new members joined the ESIC-run social security scheme in March 2020, against 11.83 lakh in the previous month, according to payroll data of the Employees' State Insurance Corporation (ESIC)

Coroanvirus Lockdown: EPFO allows employers to register digital signatures through e-mail
Business

Coroanvirus Lockdown: EPFO allows employers to register digital signatures through e-mail

Retirement fund body EPFO on Wednesday allowed employers to register their digital signatures online through e-mail, in view of the lockdown to combat COVID-19, according to a labour ministry statement

Coronavirus Lockdown: EPFO releases total Rs 764 cr to 65 lakh pensioners for April under its pension scheme
Business

Coronavirus Lockdown: EPFO releases total Rs 764 cr to 65 lakh pensioners for April under its pension scheme

Retirement fund body EPFO on Tuesday said it has disbursed a total of Rs 764 crore to 65 lakh pensioners for April under its pension scheme

Around 11.56 lakh new members join ESIC scheme in February against 12.19 lakh in January
Business

Around 11.56 lakh new members join ESIC scheme in February against 12.19 lakh in January

Around 11.56 lakh new members joined the ESIC-run social security scheme in February 2020 against 12.19 lakh members in the previous month, according to the payroll data of the Employees' State Insurance Corporation (ESIC)

Coronavirus Outbreak: EPFO defers March dues payment till 15 May; provides relief to 6 lakh firms, 5 cr subscribers
Business

Coronavirus Outbreak: EPFO defers March dues payment till 15 May; provides relief to 6 lakh firms, 5 cr subscribers

Retirement fund body EPFO on Wednesday deferred payment of March contributions till 15 May to provide relief to 6 lakh firms and over 5 crore subscribers in the wake lockdown to contain COVID-19

Coronavirus Outbreak: EPFO settles 1.37 lakh PF withdrawal claims worth around Rs 280 cr to ease lockdown woes
Business

Coronavirus Outbreak: EPFO settles 1.37 lakh PF withdrawal claims worth around Rs 280 cr to ease lockdown woes

Retirement fund body EPFO on Friday said it has settled 1.37 lakh provident fund withdrawal claims worth Rs 280 crore to provide relief to subscribers during the lockdown

Around 12.06 lakh new jobs created in January against 12.90 lakh in previous month: ESIC payroll data
Business

Around 12.06 lakh new jobs created in January against 12.90 lakh in previous month: ESIC payroll data

Around 12.06 lakh new members joined ESIC-run social security schemes in January 2020 against 12.90 lakh in the previous month, according to the payroll data of the Employees'' State Insurance Corporation (ESIC), providing an employment perspective in the formal sector

Labour ministry keen to retain 8.65% interest rate on employees provident fund deposits for 2019-20
Business

Labour ministry keen to retain 8.65% interest rate on employees provident fund deposits for 2019-20

The labour ministry is keen to retain an interest rate of 8.65 percent paid on provident fund deposits to around six crore subscribers of retirement fund body EPFO for the current financial year, a source said

Around 12.67 lakh new jobs created in December against 14.59 lakh in previous month: ESIC payroll data
Business

Around 12.67 lakh new jobs created in December against 14.59 lakh in previous month: ESIC payroll data

Around 12.67 lakh jobs were created in December 2019 against 14.59 lakh in the previous month, according to payroll data of the Employees' State Insurance Corporation (ESIC)

Govt notifies 8.65% interest rate on employees provident fund for 2018-19; over 6 cr EPFO members to benefit
Business

Govt notifies 8.65% interest rate on employees provident fund for 2018-19; over 6 cr EPFO members to benefit

The government has approved 8.65 percent interest rate on employees provident fund for 2018-19, which will now be credited into the accounts of over 6 crore subscribers of retirement fund body EPFO, a source said on Thursday

Over 6 cr EPFO members to get 8.65% interest for 2018-19 ahead of festival season: Labour minister Santosh Gangwar
Business

Over 6 cr EPFO members to get 8.65% interest for 2018-19 ahead of festival season: Labour minister Santosh Gangwar

Labour Minister Santosh Gangwar on Tuesday said over 6 crore EPFO members will get 8.65 percent interest on their deposits for 2018-19

Labour Minister Santosh Kumar Gangwar says 8.65% interest on Employees' Provident Fund to be notified soon
Business

Labour Minister Santosh Kumar Gangwar says 8.65% interest on Employees' Provident Fund to be notified soon

The labour ministry will soon notify 8.65 percent rate of interest on Employees' Provident Fund (EPF) for 2018-19 as the finance ministry does not disagree on this rate, said Labour Minister Santosh Kumar Gangwar on Friday

Around 12.19 lakh new jobs created in June; gross enrolments at 1.49 cr in 2018-19: ESIC payroll data
Business

Around 12.19 lakh new jobs created in June; gross enrolments at 1.49 cr in 2018-19: ESIC payroll data

Around 12.19 lakh jobs were created in June, lower than 12.88 lakh added in the previous month, according to the latest payroll data from the Employees' State Insurance Corporation (ESIC)

EPFO likely to appoint HSBC AMC, UTI AMC, SBI Mutual Fund as fund mangers for three-year term
Business

EPFO likely to appoint HSBC AMC, UTI AMC, SBI Mutual Fund as fund mangers for three-year term

Retirement fund manager EPFO is likely to appoint next week at its trustees' meet asset management firms HSBC AMC, UTI AMC and SBI Mutual Fund as its fund managers for a three-year term

Around 12.66 lakh new jobs created in May, tad higher than 11.15 lakh in April: ESIC payroll data
Business

Around 12.66 lakh new jobs created in May, tad higher than 11.15 lakh in April: ESIC payroll data

Around 12.66 lakh jobs were created in May, a tad higher than 11.15 lakh jobs in April this year, the Employees' State Insurance Corporation (ESIC) payroll data showed

Net employment generation in formal sector trebled in February to 8.61 lakh, shows EPFO payroll data
Business

Net employment generation in formal sector trebled in February to 8.61 lakh, shows EPFO payroll data

Net employment generation in the formal sector almost trebled to 8.61 lakh in February compared to 2.87 lakh in the same month of last year.

Union Budget 2019: Govt's contribution to employees' provident fund to go up to 14% from 10%, gratuity ceiling hiked to Rs 20 lakhs
India

Union Budget 2019: Govt's contribution to employees' provident fund to go up to 14% from 10%, gratuity ceiling hiked to Rs 20 lakhs

Interim Finance Minister Piyush Goyal on Friday announced in his Interim Budget speech that the government will now increase its contribution to employees' provident fund to 14% from the earlier 10% while keeping the contribution of workers intact at 10%.