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Flooded with complaints over exceptionally high rejections, labour ministry says all rejections must be audited by designated ...
Suppose an EPFO member claims for pension at the age of 56, then he will get 92% (100% – 2×4) of the basic pension amount. Meaning, the investor has applied 2 years ago, so 8% has been deducted ...
What does this mean for me? This circular is relevant to you only if you have enrolled in the EPF before September 1, 2014, and are still working. Currently, your pension after retirement will be ...
As of FY24, EPFO’s total corpus stood at ₹24.75 lakh crore, with 63% invested in financial instruments such as government securities, corporate bonds, and exchange-traded funds (ETFs). Claim ...
The EPF scheme provides the definition of ‘excluded employees’ and covers employees drawing more than ₹15,000 monthly ‘salary’. In the case of PF trust, rules of the exempted employer ...
EPFO ​​had reduced the interest rate to 8.25 percent for the financial year 2023-24, which was 8.15 percent in 2022-23. Read more on Dynamite News ...
EPFO has revised EDLI death benefits, ensuring coverage despite employment gaps and allowing claims for non-contributory period deaths. Over 14,000 families will benefit. Additionally, EPF savings ...
The Employees Provident Fund Organisation (EPFO ... However, as per amended definition, an account shall be classified as inoperative after the member attains the age of 58 years.
“This is the money that will get me through my old age, and better dividends mean I will have more money for my sunset years. “I am happy that the people at EPF know how to invest the money ...
3. Citizens of Nepal and subjects of Bhutan who fall within the definition of employee and work for and are on the rolls of an establishment covered under the EPF&MP Act but do not reside in India ...
Anwar said this does not mean that EPF is not paying attention to locals. He said it is unreasonable to be solely dependent on contributions from local employees. “We have introduced voluntary ...