The Central Government may, by notification, constitute, with effect from such date as may be specified therein, a Board of Trustees of the Employees’ Provident Fund to be called the Central Board, for the purposes of Chapter III and the provisions of this Code relating to that Chapter, for the administration of the funds vested […]
In March this year, the Employees’ Provident Fund Organisation’s decision making body Central Board of Trustees headed by Labour Minister Santosh Gangwar had approved an 8.5 percent interest rate on EPF for the last financial year. Retirement fund body EPFO on Wednesday (9th Sep 2020) decided to provide an 8.5 percent rate of interest on
EPFO to provide 8.5% interest rate on EPF for FY20 | EDLIS limit 7 lac from the 6 lac Read More »
The Employees Provident Fund Organisation (EPFO) has launched a multi-location online claim settlement facility, within a disproportionate increase in claim receipt due to recently introduced Covid-19 advance Many offices in Mumbai, Thane, Haryana, and Chennai zones operate with even less than wasted staff due to the Pandemic. “Consequently, claim pendency at these offices rose to
EPFO allows all regional offices to settle claims online Read More »
EPFO an electronic tool for accepting EPF and EPS accounts of its subscribers as per the package declared by the Union Government under Pradhan Mantri Gareeb Kalyan Yojana (PMGKY) The package was declared on March 26 last for helping the poor to fight Corona virus pandemic The Central government had said it will contribute 24
Click here Frequently Asked Questions on EPF Advance to fight COVID-19 pandemic-page 1 Click here Frequently Asked Questions on EPF Advance to fight COVID-19 pandemic-Page-2 Business Community and Higher Income Groups to not cut salaries or resort to layoffs of their employees HR updates @ HR Ignite-1 HR updates @ HR ignite-2 HR updates &
FAQ on EPF Advance to fight COVID-19 pandemic Read More »
Government of India will pay the Employees’ Provident Fund (EPF) contribution, both of employer and employee put together it will be 24 % This will be for next 90 Days This is for those establishments which have upto 100 employees and 90 per cent of them get less that 15,000 Finance Minister Nirmala Sitharaman said on
What is EDLI Scheme? Employees Deposit Linked Insurance Scheme is an insurance cover for the workers, providing by Provident Fund Organization for salaried employees The listed nominee receives a lump-sum compensation in case death of the person insured, during the service This scheme is attached with EPF and EPS schemes Features of Employees Deposit Linked
