Diabytes
Employee Provident Fund Organisation News
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As PF Subscribers have been eagerly waiting for the interest rate for FY 2024-25 to be credited into their account, here's understanding what happens to PF Subscribers with inoperative account? Do they earn interest on it?
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The interest rate on EPF for 2024-25 is set to be credited into the accounts of the EPFO members soon.
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If you are keen to check your EPF interest credit status, there are 4 ways to do it. Check it out.
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In a crucial meeting of the Central Board of Trustees (CBT), EPFO has decided to retain interest rate of 8.25 per cent on employees' provident fund (EPF) deposits for 2024-25.
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The interest rate on EPF for 2024-25 will be credited into accounts of over six crore subscribers of EPFO after the Central Board of Trustees arrive at a conclusion in its crucial meeting.
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The interest rate on EPF for 2024-25 will be credited into accounts of over six crore subscribers of EPFO after the Central Board of Trustees arrive at a conclusion in its crucial meeting.
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To make withdrawals easier, the EPFO is coming up with a new initiative that will allow subscribers to withdraw their PF money directly from the ATMs, as per a news media report.
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EPFO had announced a three-year high interest rate of 8.25 per cent on employees’ provident fund (EPF) deposits for 2023-24.
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As EPFO members are waiting to know their interest credit status, here are 4 ways to check PF Balance --Online, SMS, Missed Calls, Umang App.
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EPFO's decision to hike PF interest rate for the FY 23-34 fiscal has several members waiting for the amount to be credited into their passbook.
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The EPFO issued a circular dated January 30, 2024.
The circular was issued regarding the submission of the joint declaration form.
The joint declaration form is a crucial document for EPF members.
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Numerous subscribers have voiced their grievances regarding delays in claim settlements through EPFO's official handle on X.
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This decision is anticipated to bring significant benefits to the millions of employees covered under the EPFO scheme.
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Among the newly joined members, the highest enrolment is registered in the age group of 18-21 years with 2.35 lakh members, followed by the age group of 22-25 years with 1.94 lakh members.
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At its crucial meeting held on Tuesday, the retirement fund organisation EPFO announced to hike PF interest rates. EPFO set an interest rate of 8.15 percent on deposits made to the employee's provident fund (EPF) for 2022–2023.
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In March 2022, EPFO reduced the interest on EPF for its over five crore subscribers to an over four-decade low of 8.1% from a rate of 8.5% in 2020–21.
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If you are keen to check your EPF interest credit status, there are 4 ways to do it. Check them out.
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An EPFO member can withdraw the full PF amount and claim the Employee Pension Scheme amount after retirement.
PF pension contribution can be withdrawn if one is unemployed for more than two months.
However, to withdraw the pension contribution, one is required to fulfill certain conditions.
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EPFO added over 9 lakh members in September while its net subscribers were up by 16.82 lakhs.
The EPFO came into existence with the promulgation of the Employees' Provident Funds Ordinance on the 15th November, 1951.
It was replaced by the Employees' Provident Funds Act, 1952.
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EPFO said that provisional payroll data suggests the addition of 16.82 lakh net subscribers in September 2022.
The organisation also said that around 2,861 new establishments started complying with its regulations.
The net enrollment during the month is 21.85% higher than the monthly average recorded during the last fiscal.
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