New Delhi: The Centre has ratified the rate of interest on workers’ provident fund (PF) deposits at 8.25% for FY2024-25 — the identical because the earlier fiscal. In February, the Staff’ Provident Fund Organisation (EPFO) introduced to retain the rate of interest on workers’ provident fund deposits at 8.25% for FY25. The choice was taken…
The central authorities has accredited an rate of interest of 8.25 per cent on Staff’ Provident Fund (EPF) deposits for the fiscal 12 months 2024–25, an official confirmed to PTI on Saturday.This charge was really helpful earlier this 12 months by the Central Board of Trustees of the Staff’ Provident Fund Organisation (EPFO). The choice…
New Delhi: Are you uninterested in the lengthy course of to examine your PF steadiness? EPFO members can merely give a missed name or ship an SMS to know their PF steadiness and newest contribution particulars. Simply be certain that your UAN is linked with both your Aadhaar, PAN, or checking account to make use…
Hyderabad: Union Labour Minister Mansukh Mandaviya introduced on Thursday that the Staff Provident Fund Organisation (EPFO) will quickly launch the “EPFO 3.0 model,” which can permit subscribers to withdraw funds from ATMs, together with a number of different new options. Talking after inaugurating EPFO’s Workplace Complicated of Telangana Zonal Workplace and Regional Workplace right here…
&w=600&resize=600,400&ssl=1 "Returns in your provident fund deposits stay identical as EPFO retains rate of interest at 8.25%")
The Workers’ Provident Fund Organisation (EPFO) Friday really helpful retaining the 8.25% rate of interest for its subscribers for 2024-25 (Apr-Mar), the labour ministry mentioned on Friday. The rate of interest can be formally notified by the Authorities of India, following which EPFO would credit score the speed of curiosity into the subscribers’ accounts. The…
Workers Provident Fund Organisation. File Photograph: Supreet Sapkal The Workers’ Provident Fund Organisation enrolled round 8.74 lakh new members in November 2024, registering an 18.8% rise from the determine recorded within the corresponding interval in 2023, the Union Labour Ministry mentioned on Wednesday (January 22, 2025). On a month-to-month foundation, new members rose by 16.58%…
Beginning January 1, 2025, a slew of regulatory and monetary adjustments will likely be coming into impact, affecting residents throughout the nation. From adjustments within the Staff’ Provident Fund Organisation (EPFO) procedures to changes in LPG pricing and the Unified Funds Interface (UPI), the brand new 12 months may have a big influence in your…
Picture Supply : FILE PHOTO Consultant picture EPFO pension: The Staff’ Provident Fund Organisation (EPFO) has prolonged the deadline until January 31, 2025, for employers to add wage particulars, and many others concerning 3.1 lakh pending functions for pension on increased wages. Based on the Ministry of Ministry of Labour and Employment, this extension has been given…
The secretary stated that efforts are being made to convey systemic reforms that make processes simpler and extra environment friendly. “As a part of this modernisation drive, we additionally intention to check EPFO programs with the banking programs in India which can be in place and are working properly. For ease of residing, bringing extra…
New Delhi: Worker unions have lengthy advocated for growing the minimal pension quantity beneath the Staff’ Pension Scheme (EPS), 1995, with representations from workers and different stakeholders. Relating to a rise within the pension quantity, Member of Parliament Asaduddin Owaisi raised questions within the Lok Sabha about any proposal to extend the minimal pension quantity…
