EPFO

Timelines
Coronavirus impact: EPFO to pay 8.5% interest in two installments

09 Sep 2020

Coronavirus impact: EPFO to pay 8.5% interest in two installments

The Employees Provident Fund Organisation (EPFO) will pay the 8.5% interest for the fiscal year 2019-20 to EPF subscribers in two installments, the retirement fund body's central board said on Wednesday.

#TechBytes: How to withdraw PF using an app

30 Aug 2020

#TechBytes: How to withdraw PF using an app

The novel coronavirus pandemic has created a situation of financial uncertainty for the entire Indian population.

With reduced EPF contribution, your take-home salary will now increase

13 May 2020

With reduced EPF contribution, your take-home salary will now increase

Union Finance Minister Nirmala Sitharaman on Wednesday presented the details of the Rs. 20 lakh crore stimulus package to help revive the economy.

Five ways to check your Employees' Provident Fund balance

03 Nov 2019

Five ways to check your Employees' Provident Fund balance

As is common knowledge, Employees' Provident Fund is a mandatory contribution from the salaries of professionals.

Government seeks SC/ST employee data from companies under EPFO

25 Sep 2019

Government seeks SC/ST employee data from companies under EPFO

The Ministry of Labor and Employment has launched a survey asking companies contributing to the Employees' Provident Fund Organization (EPFO) to declare the number of Scheduled Caste (SC) and Scheduled Tribe (ST) employees.

Your Provident Fund rate raised to 8.65% for 2018-19

24 Sep 2019

Your Provident Fund rate raised to 8.65% for 2018-19

On Tuesday, the Labor Ministry notified 8.65% interest rate on Employees' Provident Fund (EPF) for the 2018-19 financial year.

Your Provident Fund interest rate increased to 8.65% for 2018-19

17 Sep 2019

Your Provident Fund interest rate increased to 8.65% for 2018-19

On Tuesday, Labor Minister Santosh Gangwar announced that over 6 crore subscribers of the Employees' Provident Fund Organization (EPFO) would receive 8.65% interest on deposits for the financial year 2018-19.

Employees' Provident Fund (EPF) account: How to add nominee online

13 Apr 2019

Employees' Provident Fund (EPF) account: How to add nominee online

As is common knowledge, Employees' Provident Fund is a mandatory contribution from the salaries of professionals.

How to link your Aadhaar with Universal Account Number (UAN)

11 Mar 2019

How to link your Aadhaar with Universal Account Number (UAN)

Although, linking Aadhaar with the Universal Account Number (UAN), issued by the Employees' Provident Fund Organization (EPFO) is not mandatory, it might still help you make UAN transactions more conveniently.

#FinancialBytes: What happens to EPF balance when you switch jobs?

07 Mar 2019

#FinancialBytes: What happens to EPF balance when you switch jobs?

The Employee Provident Fund (EPF), popularly known as Provident Fund, is a long-term investment instrument for the salaried individuals.

EPFO hikes provident fund interest rate by 0.1% to 8.65%

21 Feb 2019

EPFO hikes provident fund interest rate by 0.1% to 8.65%

The Employees' Provident Fund Organization (EPFO) on Thursday announced a hike of 0.1% in the interest rate on employees' provident fund (PF) deposits for FY 2018-19.

#FinancialBytes: What is Provident Fund and how to withdraw it?

17 Dec 2018

#FinancialBytes: What is Provident Fund and how to withdraw it?

The Employee Provident Fund (EPF), also known as Provident Fund, is a long-term investment instrument for the salaried individuals that is offered by the Employees' Provident Fund Organization (EPFO).

#JobGrowthTracking: 100 million workers' details to be linked to Aadhaar

25 Sep 2018

#JobGrowthTracking: 100 million workers' details to be linked to Aadhaar

The Central government is planning on linking the details of about 100 million workers with Aadhaar to establish a reliable system to track job growth in the country.

5 ways to check your PF balance

02 Aug 2018

5 ways to check your PF balance

Gone are the days when your Employees Provident Fund (EPF) details were released at the end of the financial year.

#FinancialBytes: How to check your PF balance

23 Jul 2018

#FinancialBytes: How to check your PF balance

Gone are the days when your Employees Provident Fund (EPF) details were released at the end of the financial year.

Employees may soon withdraw 75% PF if unemployed for 1-month

23 Jul 2018

Employees may soon withdraw 75% PF if unemployed for 1-month

An employee, who is not in employment for a month, may be allowed to avail 75% of the Provident Fund standing to his credit, Labor Minister Santosh Gangwar said.

#FinancialBytes: Situations in which you can withdraw PF before retirement

17 Jul 2018

#FinancialBytes: Situations in which you can withdraw PF before retirement

Employees Provident Fund (EPF) is primarily a retirement benefit scheme by the Government of India for all salaried individuals in which employees get their accumulated funds after retirement or job-loss to finance their expenditures.

You can now withdraw 75% of PF after one-month's unemployment

27 Jun 2018

You can now withdraw 75% of PF after one-month's unemployment

Bringing cheer to crores, the Employees' Provident Fund Organisation (EPFO) has decided to allow PF subscribers to withdraw 75% balance after remaining unemployed for a month, and keep the account running.

#FinancialBytes: Everything you need to know about your EPF account

06 Jun 2018

#FinancialBytes: Everything you need to know about your EPF account

Dear reader, in your salary receipt, you must have seen a certain amount under the head 'Employee Provident Fund' which does not form a part of your cash-in-hand salary.

Employers to save Rs. 900cr annually with reduced EPFO administrative-charges

28 May 2018

Employers to save Rs. 900cr annually with reduced EPFO administrative-charges

The national retirement fund body Employees' Provident Fund Organization (EPFO) recently decided to cut its administrative charges from 0.65% to 0.50%.

Data breach forces EPFO to suspend Aadhaar-seeding services

02 May 2018

Data breach forces EPFO to suspend Aadhaar-seeding services

New information has come to light about a data breach in the EPFO portal, which let subscribers link their Aadhaar to their Universal Account Number (UAN).

EPFO to announce provident-fund interest today: Here's all about it

21 Feb 2018

EPFO to announce provident-fund interest today: Here's all about it

The Employees' Provident Fund Organization (EPFO) is going to announce the provident fund interest rate for its five crore subscribers for 2017-18 after a meeting of its highest decision-maker, Central Board of Trustees (CBT).

Govt planning to keep PF rate unchanged at 8.65%: Reports

22 Jan 2018

Govt planning to keep PF rate unchanged at 8.65%: Reports

According to reports, the NDA government is planning to keep the interest rates unchanged on PF deposits at last year's 8.65%.

Aadhaar seeding to eliminate multiple PF accounts

20 Jan 2018

Aadhaar seeding to eliminate multiple PF accounts

The Employees Provident Fund Organization (EPFO) said today that it would be able to eliminate multiple account numbers of one individual once the Aadhaar seeding is complete.

EPF cover salary limit to be increased to Rs. 21,000

02 Dec 2017

EPF cover salary limit to be increased to Rs. 21,000

PM Modi launches UMANG app for one-stop access to services

24 Nov 2017

PM Modi launches UMANG app for one-stop access to services

PM Narendra Modi has finally launched the much-awaited UMANG app, which will allow citizens to access hundreds of public services on a single platform.

How an SC ruling increased a man's pension 1200%

22 Nov 2017

How an SC ruling increased a man's pension 1200%

In a rare occurrence, Praveen Kohli, a former Haryana Tourism Corporation employee, received a whopping 1200% hike in his pension this November, four years after retirement.

Did you know interest on PF post employment is taxable?

16 Nov 2017

Did you know interest on PF post employment is taxable?

Whether you have resigned, retired or were fired, interest on your provident fund account is taxable in the year of credit after employment.

You can now link UAN with Aadhaar number online

19 Oct 2017

You can now link UAN with Aadhaar number online

The EPFO has launched an online facility to let subscribers link their Universal Account Number (UAN) for Provident Fund (PF) to their Aadhaar.

PF account to be transferred, not closed, upon job change

11 Aug 2017

PF account to be transferred, not closed, upon job change

Making life easier for employees, the Employees' Provident Fund Organisation has announced that starting next month, your PF account would be automatically transferred upon job change.

Aadhaar will now be mandatory to register deaths

04 Aug 2017

Aadhaar will now be mandatory to register deaths

Expanding the scope of Aadhaar even more, the government has now made Aadhaar mandatory for registration of deaths starting October 1, 2017.

Here's how you can check your PF account balance

15 Jul 2017

Here's how you can check your PF account balance

Now employees can view the total accumulated balance of their employees' provident fund (EPF) account through universal account numbers (UAN) allocated by the Employees' Provident Fund Organization (EPFO).

Higher Unemployment: PM Modi to review India's job scenario

15 Jun 2017

Higher Unemployment: PM Modi to review India's job scenario

Amid charges of "jobless growth", Prime Minister Narendra Modi will reportedly oversee a review of job scenario and employment data collection on 18 June.

EPFO to invest Rs. 18,000 crore in equity

28 May 2017

EPFO to invest Rs. 18,000 crore in equity

The Employees' Provident Fund Organization's central board of trustees will invest 15% or over Rs. 18,000 crore in stocks this financial year in a bid to stimulate the stock market.

EPFO cuts down claim settlement period to 10 days

17 May 2017

EPFO cuts down claim settlement period to 10 days

The Employees' Provident Fund Organization has reduced the period for settlement of claims to 10 days. The eventual goal is to settle claims within three hours.

How to submit your EPF claim online?

09 May 2017

How to submit your EPF claim online?

Employees Provident Fund Organization (EPFO) has recently launched an initiative that will allow citizens to submit their claims online.

Now, self-declarations would replace certificates in EPFO

28 Apr 2017

Now, self-declarations would replace certificates in EPFO

In its attempt to relax rules, the Employee Provident Fund Organization (EPFO) decided to allow individuals to withdraw money for treating illnesses, funding education and building houses on the basis of a self-declaration.

Finance Ministry ratifies 8.65% EPF deposits rate

20 Apr 2017

Finance Ministry ratifies 8.65% EPF deposits rate

Labour Minister Bandaru Dattatreya said the Finance Ministry ratified that the finance ministry has approved 8.65% interest rates on EPF deposits.

FinMin gives go ahead to 8.65% EPF interest rate

17 Apr 2017

FinMin gives go ahead to 8.65% EPF interest rate

Finance Ministry has now grudgingly given a go-ahead to Labour Ministry to provide an 8.65% rate of interest, on the EPF for 2016-17, as decided earlier by EPFO trustees.

Soon, settle EPF claims through mobile phones

11 Apr 2017

Soon, settle EPF claims through mobile phones

Approximately four crore members of the Employee Provident Fund Organization, the retirement fund body, will be able to settle claims such as EPF withdrawals through UMANG, a mobile application.