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Tag: EPFO

Good Information For EPFO Members! Auto-Settlement Restrict Hiked To Rs 5 Lakh For Medical, Dwelling And Training Emergencies | Private Finance Information

Good Information For EPFO Members! Auto-Settlement Restrict Hiked To Rs 5 Lakh For Medical, Dwelling And Training Emergencies | Private Finance Information

Newz Baba04 mins

EPFO Auto-Settlement Restrict: Good Information For Authorities Staff! the Staff’ Provident Fund Group (EPFO) has raised the restrict for auto-settlement of advance claims from Rs 1 lakh to Rs 5 lakh. This transfer is designed to facilitate faster monetary entry for EPFO members, significantly in pressing conditions resembling medical or training emergencies, faster fund entry,…

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Govt Ratifies Curiosity Fee On PF Deposits At 8.25 Per Cent For FY 2024-25 | Economic system Information

Govt Ratifies Curiosity Fee On PF Deposits At 8.25 Per Cent For FY 2024-25 | Economic system Information

Newz Baba03 mins

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…

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Centre approves 8.25% rate of interest on staff’ provident fund deposits for FY 2024–25

Centre approves 8.25% rate of interest on staff’ provident fund deposits for FY 2024–25

Newz Baba03 mins

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…

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EPFO 3.0 To Rollout Quickly, Will Permit ATM Withdrawal Of Funds

EPFO 3.0 To Rollout Quickly, Will Permit ATM Withdrawal Of Funds

Newz Baba03 mins

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…

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Returns in your provident fund deposits stay identical as EPFO retains rate of interest at 8.25%

Returns in your provident fund deposits stay identical as EPFO retains rate of interest at 8.25%

Newz Baba07 mins

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…

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EPFO added 8.74 lakh new members in November

EPFO added 8.74 lakh new members in November

Newz Baba03 mins

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%…

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EPFO extends deadline for employers to add pending pension functions

EPFO extends deadline for employers to add pending pension functions

Newz Baba04 mins

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…

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EPFO members could quickly have the option to withdraw PF claims by ATMs

EPFO members could quickly have the option to withdraw PF claims by ATMs

Newz Baba02 mins

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…

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