Epfo

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Epfo - Total results - 255
EPFO provisional data reveals 3.18 lakh new enrolments in May, up from one lakh recorded during April 2020
India

EPFO provisional data reveals 3.18 lakh new enrolments in May, up from one lakh recorded during April 2020

The net new enrolments with the EPFO hover around 7 lakh every month on an average. It had had dropped to 5.72 lakh in March 2020 from 10.21 lakh in Feb

EPFO releases pension and arrears, accepts workers demand for commutation; here's all you need to know
Business

EPFO releases pension and arrears, accepts workers demand for commutation; here's all you need to know

The Employees' Provident Fund Organisation (EPFO) on Monday released Rs 868 crore pension along with Rs 105 crore arrears on account of the restoration of commuted value of (higher) pension.

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)

EPF cut in employee contribution means take-home is high but will increase TDS liability; here's all you need to know
Business

EPF cut in employee contribution means take-home is high but will increase TDS liability; here's all you need to know

The Ministry of Labour and Employment has implemented the decision to cut employees' provident fund (EPF) contributions to 10 percent from the existing 12 percent for three months till July.

Coronavirus Lockdown: Govt implements cut in employees' provident fund contribution to 10% for May, Jun, July
Business

Coronavirus Lockdown: Govt implements cut in employees' provident fund contribution to 10% for May, Jun, July

The Ministry of Labour & Employment has implemented the decision to cut employees' provident fund (EPF) contributions to 10 per cent from the existing 12 per cent for three months till July

Coronavirus Impact: 12 lakh EPFO members withdraw Rs 3,360 cr retirement savings during lockdown, says FM
Business

Coronavirus Impact: 12 lakh EPFO members withdraw Rs 3,360 cr retirement savings during lockdown, says FM

The EPFO, under the Union labour and employment ministry, has settled a total of 12 lakh claims under the Pradhan Mantri Garib Kalyan Yojana (PMGKY) package.

Lockdown: EPFO not charging penalty from companies for delay in payment of provident fund dues
Business

Lockdown: EPFO not charging penalty from companies for delay in payment of provident fund dues

Retirement fund body EPFO has decided not to impose any penalty for delay in payment of employees' provident fund contributions by firms during the natiowide lockdown

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)

Odisha industry body demands wage payment from ESIC funds; seeks working capital loan, interest waiver till normalcy returns
Business

Odisha industry body demands wage payment from ESIC funds; seeks working capital loan, interest waiver till normalcy returns

There has been lobbying for some time for using funds of the retirement body EPFO as well as ESIC for providing relief to workers to help them sustain themselves during the nationwide lockdown.

EPFO settles 10.02 lakh claims including 6.06 lakh COVID-19 cases in 15 days; disburses Rs 3,601 cr
Business

EPFO settles 10.02 lakh claims including 6.06 lakh COVID-19 cases in 15 days; disburses Rs 3,601 cr

EPFO has also provided a facility to file online COVID-19 advance claim along with other services on Umang app.

Net enrolments with EPFO dips to 10.34 lakh in February from 10.71 lakh in January
Business

Net enrolments with EPFO dips to 10.34 lakh in February from 10.71 lakh in January

EPFO has been releasing the payroll data or new subscribers data since April 2018, covering a period starting from September 2017.

Coronavirus Outbreak: EPFO settles 3.31 lakh withdrawal claims worth Rs 950 cr in 15 days
Business

Coronavirus Outbreak: EPFO settles 3.31 lakh withdrawal claims worth Rs 950 cr in 15 days

Retirement fund body EPFO settled 3.31 lakh PF withdrawal claims worth around Rs 950 crore in the last 15 days to give relief to the members during the lockdown

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

Labour ministry relaxes EPF norms; subscribers can withdraw up to 3 months of basic pay, dearness allowance in wake of lockdown
Business

Labour ministry relaxes EPF norms; subscribers can withdraw up to 3 months of basic pay, dearness allowance in wake of lockdown

In its communication, the EPFO has stated that officers and staff must process claims of EPF subscribers promptly so that relief reaches the worker and his family to help them fight with COVID-19.

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

EPFO advises beneficiaries to avail online services and not to visit its offices in view of coronavirus spread
Business

EPFO advises beneficiaries to avail online services and not to visit its offices in view of coronavirus spread

The Employees' Provident Fund Organization (EPFO) on Friday asked pensioners and employers to avoid visiting its offices and avail online services like raising claims for PF, view balance, and make payments etc from their homes

ED continues questioning of Yes Bank founder Rana Kapoor in connection with money laundering case
Business

ED continues questioning of Yes Bank founder Rana Kapoor in connection with money laundering case

The Enforcement Directorate on Saturday continued questioning Yes Bank founder Rana Kapoor in connection with a money laundering probe against him and others, officials said