The parliamentary committee on Labour is set to scrutinize the Rs10 trillion corpus under the Employees’ Provident Fund Organization (EPFO) in its upcoming meeting and it will also look at the performance of the fund management and investments made. This is the first time in the last one year when EPFO will come under parliamentary […]
PF: Parliamentary Panel To Scrutinize EPFO Corpus Read More »
NEW DELHI: Retirement fund body EPFO has launched a WhatsApp helpline service for speedy redressal of grievances of its subscribes, the labour ministry said on Tuesday. This facility is in addition to various other means of grievance redressal forums of EPFO which include EPFiGMS portal, CPGRAMS, social media platforms (Facebook & Twitter) and a dedicated 24×7 call centre. “To further enhance
EPFO Launches WhatsApp Helpline Service Read More »
Making a contribution towards Employees Provident Fund (EPF) that is just the required amount is definitely a wrong decision. You should increase the amount of your EPF, which is 12 per cent of your basic pay at present. Via the Voluntary Provident Fund contribution, you can raise your contribution amount towards EPF. The VPF is
Increase Your Contribution Towards EPF Through VPF: Why ? Read More »
EPFO Central Board of Trustees (CBT) members have proposed to the Ministry of Labor to cut contribution and increase the pension limit for the country’s 4.5 crore PF members. CBT members have started pressuring them citing the interest of employees. Members have demanded the Labor Ministry to include it in the agenda of the next
PF & Pension: Proposal To Increase Limit Upto 25 Thousand Read More »
This is good news for employees working in the private sector. Now EPFO (Employees Provident Fund Organization) has taken better initiative for the future financial security of these employees. In this scheme, whichever employee retires on that day, his pension will be ready from the same day and will be started. This system is considered
227th Meeting CBT of EPF held Posted On: 09 SEP 2020 4:51PM by PIB Delhi The 227th Meeting of the Central Board of Trustees (CBT), EPF was held today under the Chairmanship of Shri Santosh Kumar Gangwar, Minister of State for Labour & Employment (I/C), and Vice Chairmanship of Shri Heeralal Samariya, Secretary (L&E), Central
EPF Update: 227th Meeting CBT of EPF (EDLI, Interest & more) Read More »
In the Corona era, there is a relief news for the family of 4.5 crore people across the country. Now, on the sudden death of any EPF member, the nominee will get Rs 7 lakh of insurance. Till now only 6 lakh rupees were given. The EPFO’s Pension-EDLI Committee has approved it. With this, preparations
EPF Update (News): Nominee Can Claim On Sudden Death Under eDLI Read More »
With this step of the central government, lawyers, doctors, CA and other self-employed people will also be able to join the EPF scheme. Currently, around 60 million people are covered under the EPF. The Employees Provident Fund, which is considered an important social security scheme for employees, can now be implemented at the individual level as
EPF Scheme: Doctors, CA and Lawyers will be able to join Read More »
NEW DELHI: As much as Rs 30,000 crore has been withdrawn in under four months starting April by 8 million subscribers of the Employee Provident Fund Organisation. EPFO manages a corpus of Rs 10 lakh crore built on mandatory contributions from nearly 60 million salaried people and their employers. The huge outgo is likely to impact the
EPFO Withdrawals: Rise In April-July, 2020 Read More »
