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EPFO

EPFO Latest News alert! Need money? Good news! You can withdraw PF but there is condition

EPFO Latest News alert! Need money? Good news! You can withdraw PF but there is condition

Sun, Mar 29, 2020

Coronavirus impact: In a major development, the labour ministry under the PM Narendra Modi-led government has allowed over 6 crore subscribers of retirement fund body EPFO to withdraw an amount from their EPF account in view of the lockdown to fight COVID-19.

EPFO EPS pension 95 latest news: Big news for pensioners! Modi Government directs disbursal of pension in advance

EPFO EPS pension 95 latest news: Big news for pensioners! Modi Government directs disbursal of pension in advance

Fri, Mar 27, 2020

EPFO EPS pension 95 latest news: Now, after the new orders by CPFC, all EPS 95 subscribers will get their pension by 30th March.

EPFO Online: Want to claim money from dormant EPF account? Rs 26,497 crore unclaimed amount at stake; Do this at epfindia.com

EPFO Online: Want to claim money from dormant EPF account? Rs 26,497 crore unclaimed amount at stake; Do this at epfindia.com

Thu, Mar 26, 2020

EPFO Online: According to the EPFO, around Rs 26,497 crore of the unclaimed amount is lying idle in the dormant EPF accounts.

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Big decisions taken regarding EPFO

Big decisions taken regarding EPFO

Fri, Mar 31, 2017

Big decisions taken regarding EPFO. Watch the full segment for more details.

EPFO to discuss making PF optional for apparel workers

EPFO to discuss making PF optional for apparel workers

Thu, Mar 23, 2017

Earlier last year in June, the Centre has brought a package for the textile and apparel sector which was later extended to made-ups also in December 2016.

Govt to amend EPF scheme to enable subscribers to withdraw 90% of funds for buying homes

Govt to amend EPF scheme to enable subscribers to withdraw 90% of funds for buying homes

Wed, Mar 15, 2017

The proposed EPF scheme will enable around four crore members of retirement fund body EPFO to withdraw up to 90% of their fund for making down payments while buying homes.

Now, you can withdraw funds from EPF pension account without providing Aadhaar number

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.

Retirement fund body EPFO launches one page EPF claim withdrawal form

Retirement fund body EPFO launches one page EPF claim withdrawal form

Mon, Feb 27, 2017

Retirement fund body Employees’ Provident Fund Organisation(EPFO) has started a simplified one page claim withdrawal form for withdrawing money from EPF accounts.

Retirement fund body EPFO to launch housing scheme for over 4 crore subscribers in March

Retirement fund body EPFO to launch housing scheme for over 4 crore subscribers in March

Fri, Feb 24, 2017

EPFO will launch a housing scheme next month for its over four crore members to enable them to make down payment and pay equated monthly installments (EMIs) from their employees' provident fund accounts to buy homes.

Government's CPSE ETF receives bids of approximately Rs 12,000 crore

Government's CPSE ETF receives bids of approximately Rs 12,000 crore

Fri, Jan 20, 2017

The further fund offer (FFO) of CPSE has received bids of approximately Rs 12,000 crore over two and half times the base issue size of Rs 4,500 crore.

EPFO pensioners can give digital life certificate till February 28

EPFO pensioners can give digital life certificate till February 28

Tue, Jan 17, 2017

Retirement fund body EPFO has extended the deadline for submitting digital life certificate by its over 50 lakh pensioners till February 28 to help them get their pension account linked with Aadhaar.

Deadline extended by 3 months for companies to get registered with EPFO: Labour Ministry

Deadline extended by 3 months for companies to get registered with EPFO: Labour Ministry

Thu, Jan 12, 2017

The Ministry of Labour and Employment has extended the deadline by three months for companies and other commercial establishments to get registered with the Employees Provident Fund Organisation (EPFO).

Bluechip PSUs eye EPFO funds

Bluechip PSUs eye EPFO funds

Tue, Jan 10, 2017

"As of now, about seven PSUs came forward to take investments from us (EPFO). We received a communication from the Ministry of Finance to increase our investments in PSUs. The return may be higher than what we are getting now," said Labour Minister.

EPFO makes Aadhaar mandatory for its pensioners, members

EPFO makes Aadhaar mandatory for its pensioners, members

Sat, Jan 07, 2017

"At present it is the correct position that the pensioners as well as members would have to provide Aadhaar or enrolment slips by January 31, 2017, to continue services provided by the EPFO," Employees' Provide Fund Organisation's Central Provident Fund Commissioner V P Joy told PTI.

Retirement fund body EPFO likely to retain 8.8% interest on EPF for FY17

Retirement fund body EPFO likely to retain 8.8% interest on EPF for FY17

Sun, Dec 18, 2016

Retirement fund body EPFO is likely to retain 8.8% rate of interest on EPF deposits for the current fiscal for its over four crore subscribers -- same as 2015-16 -- at its trustees meeting on December 19, Monday.

Labour Ministry wants to retain 8.8% interest on EPF for FY17

Labour Ministry wants to retain 8.8% interest on EPF for FY17

Thu, Dec 15, 2016

The Labour Ministry is pitching for retaining 8.8 % interest rate on EPF deposits of over 4 crore subscribers of the retirement fund body EPFO for 2016-17 and trying to bring the Finance Ministry on board.

Govt weighing hike in EPFO wage ceiling to Rs 25,000

Govt weighing hike in EPFO wage ceiling to Rs 25,000

Mon, Dec 05, 2016

Despite being pressed by trade unions on different fora, the government has not taken a decision in this regard, especially when it has already increased threshold for coverage under the Employees' State Insurance Scheme (ESI) to Rs 21,000 per month in October last year.

EPFO invests Rs 9,723-crore in ETFs, earns 9.17% absolute return

EPFO invests Rs 9,723-crore in ETFs, earns 9.17% absolute return

Mon, Nov 28, 2016

Retirement fund body EPFO has invested Rs 9,723 crore in exchange traded funds (ETFs) till October this year while absolute return on these investments was 9.17%, Parliament was informed on Monday.

Govt to issue notification on interest of 8.8% on 'inoperative' PF accounts

Govt to issue notification on interest of 8.8% on 'inoperative' PF accounts

Tue, Nov 01, 2016

The Government of India will soon issue a notification authorising retirement fund body Employees Provident Fund Organisation (EPFO) to pay 8.8% interest to 'inoperative' accounts, said Union Labour Minister Bandaru Dattatreya on Monday.

EPFO to launch Aadhaar-linked PF withdrawal, pension services by end of FY17

EPFO to launch Aadhaar-linked PF withdrawal, pension services by end of FY17

Fri, Sep 30, 2016

Retirement fund body EPFO will launch a host of Aadhaar-linked online services such as Provident Fund (PF) withdrawal and pension fixation for its 4 crore subscribers by the end of this fiscal.

EPFO to invest Rs 13,000 crore in ETFs in FY17: Bandaru Dattatreya

EPFO to invest Rs 13,000 crore in ETFs in FY17: Bandaru Dattatreya

Thu, Sep 29, 2016

Brushing aside strong opposition from the unions, Labour Ministry on Thursday doubled EPFO's investment limit in ETFs to 10% that will result in Rs 13,000 crore of the retirement fund body flowing into stock markets in the current fiscal.

EPFO subscribers may get 8.6% interest in 2016-17

EPFO subscribers may get 8.6% interest in 2016-17

Mon, Sep 12, 2016

Over 4 crore EPFO subscribers may get a lower interest at a rate of 8.6 % on their PF deposits for current financial year as Labour Ministry is expected to toe the Finance Ministry line to cut the rate.

ESIC hikes monthly wage threshold to Rs 21,000: Bandaru Dattatreya

ESIC hikes monthly wage threshold to Rs 21,000: Bandaru Dattatreya

Tue, Sep 06, 2016

The Employees' State Insurance Corporation (ESIC) on Tuesday raised the monthly wage threshold to Rs 21,000, from the current Rs 15,000, for coverage under its health insurance scheme.

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