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Employees Provident Fund Organisation News
Employees Provident Fund Organisation
EPF Passbook: EPFO subscribers can check PF balance without UAN number; here is how
Thu, Aug 13, 2020
EPF Passbook: The Employees' Provident Fund Organisation (EPFO) allows all EPFO subscribers to check their Provident Fund (PF) and Employees Provident Fund (EPF) balance with the help of UAN (Universal Account Number).
EPFO UMANG App was big hit during COVID-19 pandemic; here is why
Tue, Aug 11, 2020
EPFO UMANG App: UMANG has been a big hit among EPFO subscribers enabling them to utilize various services during the emergency created by COVID-19 pandemic
EPF Withdrawal: Know this fact for a hassle free transaction to get your money
Thu, Apr 23, 2020
If the member details pertaining to previous employment are completely available in EPFO database, he/she can submit the claim through either of the employers and the process for settlement would involve similar steps after the claim has been attested by the employer
EPFO: How to submit EPF Claim online on death of beneficiary
Wed, Feb 12, 2020
EPFO provides two online functionalities – a revamped version of the e-Nomination facility for filing nomination form by the EPF members and an online provision for EPF death withdrawal claim by the beneficiary. Know here how to submit EPF Death Claim online by beneficiary
Decoded: Employee Pension Scheme (EPS) verdict puts more money in your hands - Check calculation
Sat, Apr 13, 2019
Employee Pension Scheme: In a recent judgement, the Supreme Court rejected a special leave petition filed by the Employees Provident Organisation (EPFO) against a Kerala High Court verdict.
EPFO may lower interest rate for 2017-18
Sun, Nov 26, 2017
The Employees' Provident Fund Organisation (EPFO) is likely to cut interest rate on the grounds that it is directly crediting exchange trade funds (ETF) units into provident fund accounts and lower yields on other investments, particularly bonds.
EPFO to consider crediting ETF units to PF accounts
Sun, Oct 22, 2017
Retirement fund body EPFO is likely to consider next month a proposal to credit subscribers' share of its ETF investments to their provident fund accounts which can be redeemed at the time of withdrawal.
Beginning next month, your Provident Fund account will automatically be transferred to you new job but you need Aadhaar for it
Fri, Aug 11, 2017
PF accounts of employees will be automatically transferred to your next job.
EPFO added over 1 crore workers in new enrollment scheme since January 1
Mon, Jul 10, 2017
The provident fund body, EPFO enrolled 1.01 crore workers in Employees’ Enrolment Campaign which concluded on June 30.
EPFO likely to announce PF rate for FY18 next month
Thu, Jul 06, 2017
"After discussing in the Central Board of Trustees meeting, my ministry will take a decision. I am going to call a meeting shortly. The meeting will happen next month," Labour Minister Bandaru Dattatreya told reporters when asked about the decision on EPF interest rate for this fiscal.
EPFO may bring 500 small private PF Trusts into its fold
Sun, Jun 25, 2017
Retirement fund body EPFO may bring 500 private PF trusts within its fold whose EPF accumulations are around Rs 1 crore each, or have up to 20 members, for offering better services to those subscribers.
EPFO to invest Rs 22,500 crore in Exchange Traded Funds in FY18
Sun, Jun 11, 2017
Retirement fund body EPFO will park about Rs 22,500 crore in the exchange traded funds this fiscal following the approval of its trustees to enhance investments in equity or equity linked schemes last month, a senior official has said.
EPFO extends deadline for submitting Aadhaar to June 30
Wed, Jun 07, 2017
Retirement fund body EPFO has extended the deadline for submitting Aadhaar number to June 30 for its over four crore members. However, the deadline for submission of Aadhaar number would be September 30, 2017 in case of north-east states.
This crucial EPFO decision may increase your 'in-hand' salary
Fri, May 26, 2017
The labour ministry received several representations stating that the move will leave more money with workers for expenditure and reduce employers liability, which will eventually perk up economy.
EPFO to take call on increasing ETF investment to 15%: Labour Minister
Mon, May 22, 2017
The Finance Ministry had earlier notified a new investment pattern for EPFO, allowing the body to invest a minimum of 5 per cent and up to 15 per cent of its funds in equity or equity-related schemes.
Now you can use 90% of your EPF to buy a home. Keep these 5 conditions in mind
Tue, Apr 25, 2017
The 68B talks about the withdrawal from the Fund for the purchase of a dwelling house/flat or for the construction of a dwelling house including the acquisition of a suitable site for the purpose.
You can withdraw 90% EPF to buy home, pay EMI from account
Mon, Apr 24, 2017
The withdrawal facility from the PF account will be available to only those PF members who fulfil the conditions prescribed.
Now, you can withdraw funds from EPF pension account without providing Aadhaar number
Tue, Feb 28, 2017
EPFO has allowed full and final withdrawal of funds by the subscribers from their pension account without providing Aadhaar number.
EPFO introduces common form for different types of withdrawal
Wed, Feb 22, 2017
"To add further convenience, these forms (different form for various advances and withdrwals) now have been further simplified and replaced with a single page Composite Claim Form (Aadhar). This new Composite Claim Form (Aadhar), can be submitted without the attestation of employers," EPFO said in statement.
Online EPF withdrawal, pension fixation to be a reality by May
Sun, Feb 19, 2017
"The process of connecting all field offices with a central server is going on. We may introduce the facility for online submission of all types of applications and claims like EPF withdrawal and pension settlement by May this year," EPFO's Central Provident Fund Commissioner V P Joy told PTI.