EPF Updates & Cases

The provisional payroll data of EPFO has been released today, i.e., 20th March 2022, which highlights that EPFO has added 15.29 lakh net subscribers during January 2022. Month-on-month comparison of payroll data also indicates an increase of 2.69 lakh net subscribers addition in January, 2022 as compared to the net additions during the previous month of December, 2021. […]

Retirement fund body EPFO is mulling a new pension product for organised sector workers who are getting basic wages of more than ₹15,000 per month and are not mandatorily covered under its Employees’ Pension Scheme 1995 (EPS-95). At present, all those employees in the organised sector whose basic wage (basic pay plus dearness allowance) is up to ₹15,000 per month at the

The mandatory process for updating nominee details for subscribers of Employees’ Provident Fund Organisation (EPFO) is facing issues with users reporting glitches in the registration process on the portal. Many have reported issues ranging from the portal showing error, inability to complete the e-sign process and server issues over the last month. The e-nomination registration

The Employees Provident Fund Organisation, or EPFO, has announced that it has added 13.95 lakh subscribers on a net basis in November 2021. This is an increase of nearly 38 per cent compared to the year-ago period, according to the latest payroll data, the retirement body said on the day. The provisional payroll data of EPFO showed

Till date, Air India employees were contributing in the provident fund and the money was channelized into two funds, AIEPF and IAEPF Taking another step towards completion of the privatization process for Air India, the Centre has brought thousands of employees of the airlines under the EPFO (Employees’ Provident Fund & Miscellaneous Provisions Act 1952)

The provisional payroll data of EPFO released on 20th December 2021 highlights that EPFO has added 12.73 lakh net subscribers during the month of October 2021. Year-on-year comparison shows an increase of around 10.22% in net payroll additions in October, 2021 as compared to 11.55 lakh net subscribers added during previous year in October, 2020. Of

Retirement fund body EPFO has been constantly reminding its subscribers to file their e-nomination before the December 31 deadline. The name of the nominee mentioned in the latest PF nomination will be treated as final, whereas after fresh nomination by the account holder, the earlier nomination will be treated as cancelled, says the EPFO. However,

Minister of State for Labour & Employment, Rameshwar Teli in a written response informed the Parliament that, under the Atmanirbhar Bharat Rozgar Yojana, benefit has been provided to 39.59 lakh people through 1.16 lakh establishments till November 27, 2021. The Atmanirbhar Bharat Rozgar Yojana is aimed at incentivising the creation of new employment opportunities during the COVID-19 recovery

The Union Government has formed four ad-hoc board-level committees to look into the functioning of different aspects of the Employees’ Provident Fund Organisation (EPFO), including IT, communications and pension. Union Labour and Employment Minister Bhupender Yadav, who chairs the Central Board of Trustees of the EPFO that manages about ₹15 lakh crore of retirement savings,