Epfo

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Epfo - Total results - 261
UPSC defers EPFO (EO/AO) 2020 Exam due to rising COVID-19 cases; no new date announced
India

UPSC defers EPFO (EO/AO) 2020 Exam due to rising COVID-19 cases; no new date announced

The notification says that due to changing circumstances, health advisories issued by the Government of India, and lockdown restrictions, the commission is not in a position to conduct the examination and the interview

UPSC EPFO Admit Card 2020 released on upsc.gov.in; steps to download hall ticket
India

UPSC EPFO Admit Card 2020 released on upsc.gov.in; steps to download hall ticket

The written examination to fill 421 enforcement officer/accounts officer posts in the EPFO will be held in both Hindi and English and the question paper will comprise of multiple-choice questions

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

Take-home salary for Indian workers to fall from April 2021, but PF and gratuity will likely rise
India

Take-home salary for Indian workers to fall from April 2021, but PF and gratuity will likely rise

As per the draft rules of the Code of Wages, 2019, the basic salary component, which is used to calculate gratuity and provident fund contributions, have to be at least 50 percent of an employees' total pay or compensation

EPFO to pay 8.5% interest for FY20 in two instalments, cites COVID's impact on income
Business

EPFO to pay 8.5% interest for FY20 in two instalments, cites COVID's impact on income

An instalment of 8.15% will be paid for now, and the remaining 0.35% will be credited by December

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.