Cabinet approves the proposal to extend the EPF contribution 24% (12% employees share and 12% employers share) for another three months from June to August 2020 under PMGKY/AATMANIRBHAR BHARAT The Union Cabinet chaired by the Prime Minister Shri … [Read more...]
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Lower EPF rates to be applicable for salary months of May, June and July 2020
The reduction in statutory rate of contribution from 12% to 10% for wage months May, June and July 2020 Ministry of Labour & Employment Lower rate of EPF subscription 10% with EPFO notified placing higher liquidity in the hands of employees and … [Read more...]
1.37 EPF Withdrawal Claim Settled in less than ten days
Normally, the time limit for resolving the grievances of EPFO is 15 days. In a crucial moment, the EPF settles 1.37 Lakh PF withdrawal claims to fight COVID19 in less than 10 days EPFO settles 1.37 Lakh EPF withdrawal claims to fight Covid-19 in less … [Read more...]
EPFO admit Aadhaar as Valid Proof for Date of Birth
EPF (Employees Provident Fund) Name Change Form Circular Correction in name of PF Member – Provision in Application Software. Application Software for correction in the name, Father/spouse name and Date of Birth of a Provident Fund member in the WAR … [Read more...]
EPFO Digilocker Portal: Digital Certificate for EPS Pensioners
The PPO issued by EPFO to the EPS pensioners has been made available at Digi locker Portal in shape of a Digital Certificate which any concerned EPS Pensioners can download by registering on Digi locker. How to Download Pension Payment Order (PPO) … [Read more...]
EPFO does not invest in shares and equities of individual companies
Employees Provident Fund Organization (EPFO) does not invest in shares and equities of individual companies Where is EPFO fund invested? 85 per cent of the EPFO Funds in Debt instruments and 15 percent of the investment is made in Exchange Traded … [Read more...]
PPF Interest Rate Oct 2019 – 7.9%
PPF Interest Rate Oct 2019 - 7.9% (SBI and HDFC PPF Interest Rate Calculation and Calculator 2019-20) Govt Notified Revised Interest Rate of Public Provident Fund (PPF) from 1.10.2019 - 7.9.% The rate of interest for Public Provident Fund (PPF) from … [Read more...]
7th Pay Commission Latest News Today: 60 Days Bonus for EPFO Employees
7th Pay Commission Latest News Today: 60 Days Bonus for EPFO Employees 7th Pay Commission Latest News Today: Declaration of Productivity Linked Bonus for the employees of EPFO for the year 2018-19 Employees’ Provident Fund Organisation declared 60 … [Read more...]
EPFO Introduces ‘View Pension Passbook’ Service for the Pensioners Through Umang App
EPFO Introduces ‘View Pension Passbook’ Service for the pensioners through Umang App Ministry of Labour & Employment EPFO Introduces ‘View Pension Passbook’ Service for the pensioners through Umang App Employees’ Provident Fund Organisation … [Read more...]
EPF Rate of Interest
Employees Provident Fund (EPF) Rate of Interest Employees Provident Fund (EPF) is one of the best savings scheme is mandatory in organized sector working over 20 employees. The Current Rate of Interest is 8.50% per annum for FY 2019-20 EPF Interest … [Read more...]