Tag: Epfo

The Employees’ Provident Fund Organisation (EPFO) launched a WhatsApp helpline service for speedy redressal of grievances for its subscribers in all the 138 regional offices. With WhatsApp emerging as a huge platform for communication in India, EPFO has grabbed the opportunity that the app provides to reach and communicate directly with all its stakeholders. The […]

New Delhi: Finance Minister Nirmala Sitharaman on Thursday announced a new job creation scheme by giving subsidy to those establishments that make new hires. The subsidy would be to cover for retirement fund contributions by employees as well as employers for two years, she said. Employees contribution (12 per cent of wages) and employer’s contribution […]

New Delhi/Bhubaneswar: The Employees’ Provident Fund Organization (EPFO) facilitated multiple options for submission of digital life certificate (DLC) by EPS pensioners. These initiatives will benefit approximately 67 lakh EPS pensioners out of which about 21 lakh are widow/widower, children and orphan pensioners. In general, all pensioners of Employees’ Pension Scheme 1995 (EPS’95) are required to […]

Bhubaneswar: Employees’ Provident Fund Organisation has added 11.55 lakh net subscribers in the month of October, 2020 as per the recently released payroll data. Despite the COVID-19 pandemic, EPFO has added around 39.33 lakh subscribers during the current financial year (from April to October, 2020). The data published comprises of members who have joined during […]

Bhubaneswar: Notwithstanding the high sounding claims by the Odisha government, the latest new payroll data released by the Employment Provident Fund Organisation (EPFO) on Monday bares the chinks in employment creation potential of Odisha. Sample The Acuteness in Odisha As on the end of August this year, Odisha has over 6.2 lakh unemployed youths, who […]

New Delhi: Retirement fund body EPFO on Thursday started crediting 8.5 per cent rate of interest on employees’ provident fund (EPF) for 2019-20 for its over six crore members, a senior official said. A large number of members of the Employees Provident Fund Organisation (EPFO) would be able to see their updated EPF accounts with […]

Bhubaneswar: The Union Public Service Commission will be conducting the recruitment test for Enforcement Officer/Accounts Officer in the Employees’ Provident Fund Organization on May 9, 2021. The UPSC has decided to give an opportunity to the candidates who want to revise their choice of centre for the recruitment test. The move comes in the backdrop […]

Bhubaneswar: There has been an addition of 12.54 lakh subscribers in the month of December, 2020, as per the provisional payroll data published by the Employees Provident Welfare Organisation’s (EPFO). The recent data highlights a positive trend as it reflects increase of 44 % in net subscribers addition over the previous month of November, 2020. […]

Bhubaneswar: In a good news for over 5 crore active subscribers, The Central Board of Trustees of retirement fund body Employees’ Provident Fund Organisation (EPFO) on Thursday kept the interest rate for the financial year 2020-21 unchanged at 8.5 per cent. In its 228th meeting,  the Central Board recommended 8.50% annual rate of interest to […]

Bhubaneswar: Employees Provident Fund Organisation (EPFO) registered a growth of 24 % as far as new enrolments are concerned. As per the provisional payroll data of EPFO published on Saturday, the subscriber base saw a jump with the addition of 13.36 lakh net subscribers during the month of January, 2021. Despite COVID-19 pandemic, EPFO added […]

Bhubaneswar: The Employees’ Provident Fund Organisation has announced to provide relief to the employers and employees of the establishments covered under the EPF & MP Act, 1952 distressed by Lockdown to prevent spread of COVID-19 and other disruptions due to the pandemic. The reduction in statutory rate of contributions from 12% to 10% for wage […]