EPFO: News

EPFO doubles one-time PF withdrawal limit to ₹1 lakh

Union Labour Minister Mansukh Mandaviya has announced a significant increase in the withdrawal limit for Employees's Provident Fund Organisation (EPFO) subscribers.

EPS subscribers can withdraw pension from any bank starting 2025

Union Labour and Employment Minister Mansukh Mandaviya has approved the Centralized Pension Payment System (CPPS), under the Employees's Pension Scheme (EPS), 1995.

EPFO's membership base grows 8% YoY to 1.93M in June

The Employees' Provident Fund Organisation (EPFO) has reported a significant growth in its membership base, with an addition of 1.93 million members in June 2024.

India's ₹2 trillion push: 3 schemes to boost job creation

Finance Minister Nirmala Sitharaman has unveiled three significant employment-linked incentive schemes in the Union Budget 2024-25.

Want to activate UAN number online? Follow these steps

Knowing how to activate your Universal Account Number (UAN) online, is crucial for efficient management of your Employee Provident Fund (EPF) account.

EPFO assures subscribers of timely interest credit for FY 2023-24

The Employees' Provident Fund Organisation (EPFO) has addressed concerns raised by subscribers of Employees Provident Fund (EPF), regarding delayed interest credit for the fiscal year 2023-24.

New EPFO rule effective from today: Know what has changed

The Employees' Provident Fund Organization (EPFO) has introduced changes to its regulations, effective from April 1, aimed at simplifying the process of Provident Fund (PF) transfers.

EPFO membership records notable surge in January 2024: Check figures

The Employees' Provident Fund Organisation (EPFO) experienced a significant rise in its membership, with a net addition of 1.602 million members in January 2024.

Retirement fund body hikes EPF interest rate: Know more

The Employees' Provident Fund Organisation (EPFO) has officially hiked the interest rate on Employees' Provident Fund (EPF) deposits to 8.25%, a three-year high, for 2023-24.

EPFO membership skyrockets in June 2023; highest since August 2022

The Employee Provident Fund Organization (EPFO) in India saw a significant surge in membership, adding 17.89 lakh members in June 2023 on a net basis.

Government approves 8.15% interest rate for 2022-23 EPF scheme

The central government on Monday approved the credit interest at 8.15% on deposits for the 2022-23 Employees' Provident Fund (EPF) scheme.

Deadline for higher EPF pension benefits ends today: Details here

The deadline to apply for a higher pension through the Employees' Pension Scheme (EPS) is July 11, i.e. today.

Coronavirus impact: EPFO to pay 8.5% interest in two installments

The Employees' Provident Fund Organisation (EPFO) will pay the 8.5% interest for the fiscal year 2019-20 to EPF subscribers in two installments, the retirement fund body's central board said on Wednesday.

#TechBytes: How to withdraw PF using an app

The novel coronavirus pandemic has created a situation of financial uncertainty for the entire Indian population.

With reduced EPF contribution, your take-home salary will now increase

Union Finance Minister Nirmala Sitharaman on Wednesday presented the details of the Rs. 20 lakh crore stimulus package to help revive the economy.

Five ways to check your Employees' Provident Fund balance

As is common knowledge, Employees' Provident Fund is a mandatory contribution from the salaries of professionals.

Government seeks SC/ST employee data from companies under EPFO

The Ministry of Labor and Employment has launched a survey asking companies contributing to the Employees' Provident Fund Organization (EPFO) to declare the number of Scheduled Caste (SC) and Scheduled Tribe (ST) employees.

Your Provident Fund rate raised to 8.65% for 2018-19

On Tuesday, the Labor Ministry notified 8.65% interest rate on Employees' Provident Fund (EPF) for the 2018-19 financial year.

Your Provident Fund interest rate increased to 8.65% for 2018-19

On Tuesday, Labor Minister Santosh Gangwar announced that over 6 crore subscribers of the Employees' Provident Fund Organization (EPFO) would receive 8.65% interest on deposits for the financial year 2018-19.

Employees' Provident Fund (EPF) account: How to add nominee online

As is common knowledge, Employees' Provident Fund is a mandatory contribution from the salaries of professionals.

How to link your Aadhaar with Universal Account Number (UAN)

Although, linking Aadhaar with the Universal Account Number (UAN), issued by the Employees' Provident Fund Organization (EPFO) is not mandatory, it might still help you make UAN transactions more conveniently.

#FinancialBytes: What happens to EPF balance when you switch jobs?

The Employee Provident Fund (EPF), popularly known as Provident Fund, is a long-term investment instrument for the salaried individuals.

EPFO hikes provident fund interest rate by 0.1% to 8.65%

The Employees' Provident Fund Organization (EPFO) on Thursday announced a hike of 0.1% in the interest rate on employees' provident fund (PF) deposits for FY 2018-19.

#FinancialBytes: What is Provident Fund and how to withdraw it?

The Employee Provident Fund (EPF), also known as Provident Fund, is a long-term investment instrument for the salaried individuals that is offered by the Employees' Provident Fund Organization (EPFO).

#JobGrowthTracking: 100 million workers' details to be linked to Aadhaar

The Central government is planning on linking the details of about 100 million workers with Aadhaar to establish a reliable system to track job growth in the country.

1.2 crore jobs created in India in 10 months

Nearly 1.2 crore jobs were created in the country in the 10-month period till June this year, as per a Central Statistics Office (CSO) report.

5 ways to check your PF balance

Gone are the days when your Employees Provident Fund (EPF) details were released at the end of the financial year.

#FinancialBytes: How to check your PF balance

Gone are the days when your Employees Provident Fund (EPF) details were released at the end of the financial year.

Employees may soon withdraw 75% PF if unemployed for 1-month

An employee, who is not in employment for a month, may be allowed to avail 75% of the Provident Fund standing to his credit, Labor Minister Santosh Gangwar said.

#FinancialBytes: Situations in which you can withdraw PF before retirement

Employees Provident Fund (EPF) is primarily a retirement benefit scheme by the Government of India for all salaried individuals in which employees get their accumulated funds after retirement or job-loss to finance their expenditures.

You can now withdraw 75% of PF after one-month's unemployment

Bringing cheer to crores, the Employees' Provident Fund Organisation (EPFO) has decided to allow PF subscribers to withdraw 75% balance after remaining unemployed for a month, and keep the account running.

#FinancialBytes: Everything you need to know about your EPF account

Dear reader, in your salary receipt, you must have seen a certain amount under the head 'Employee Provident Fund' which does not form a part of your cash-in-hand salary.

Employers to save Rs. 900cr annually with reduced EPFO administrative-charges

The national retirement fund body Employees' Provident Fund Organization (EPFO) recently decided to cut its administrative charges from 0.65% to 0.50%.

Data breach forces EPFO to suspend Aadhaar-seeding services

New information has come to light about a data breach in the EPFO portal, which let subscribers link their Aadhaar to their Universal Account Number (UAN).

Now, link Aadhaar with PF account using UMANG app

Retirement fund body EPFO has launched the facility of linking Aadhaar with universal account number, through UMANG mobile app, the labor ministry said.

PF interest reduction fallout of PNB scam: Mamata

West Bengal CM Mamata Banerjee today claimed that the fresh reduction in provident fund interest is a fallout of the Punjab National Bank (PNB) scam and that the working class would suffer hugely due to the rate cut.

EPFO to announce provident-fund interest today: Here's all about it

The Employees' Provident Fund Organization (EPFO) is going to announce the provident fund interest rate for its five crore subscribers for 2017-18 after a meeting of its highest decision-maker, Central Board of Trustees (CBT).

Govt planning to keep PF rate unchanged at 8.65%: Reports

According to reports, the NDA government is planning to keep the interest rates unchanged on PF deposits at last year's 8.65%.

Aadhaar seeding to eliminate multiple PF accounts

The Employees Provident Fund Organization (EPFO) said today that it would be able to eliminate multiple account numbers of one individual once the Aadhaar seeding is complete.

EPF cover salary limit to be increased to Rs. 21,000

How an SC ruling increased a man's pension 1200%

In a rare occurrence, Praveen Kohli, a former Haryana Tourism Corporation employee, received a whopping 1200% hike in his pension this November, four years after retirement.

You can now link UAN with Aadhaar number online

The EPFO has launched an online facility to let subscribers link their Universal Account Number (UAN) for Provident Fund (PF) to their Aadhaar.

Here's how you can check your PF account balance

Now employees can view the total accumulated balance of their employees' provident fund (EPF) account through universal account numbers (UAN) allocated by the Employees' Provident Fund Organization (EPFO).

PF account to be transferred, not closed, upon job change

Making life easier for employees, the Employees' Provident Fund Organisation has announced that starting next month, your PF account would be automatically transferred upon job change.

Here's how you can check your PF account balance

Now employees can view the total accumulated balance of their employees' provident fund (EPF) account through universal account numbers (UAN) allocated by the Employees' Provident Fund Organization (EPFO).