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Centre Approves 8.15% Interest Rate For FY 2022-23 On Employees Provident Fund

Retirement fund body EPFO on March 28, 2023, had marginally raised the interest rate on employees' provident fund (EPF) deposits to 8.15 per cent for 2022-23 for its over six crore subscribers.
Zee News - Published Also reported by •DNA

Govt ratifies 8.15% interest rate on Employees Provident Fund for 2022-23


IndiaTimes - Published Also reported by •Zee News

PPF update: Government may soon hike interest rates for Public Provident Fund, check details

PPF interest rates might increase, providing potential benefits to investors.
DNA - Published

EPFO: How to apply for higher pension scheme? Know eligibility

The Employees Provident Fund Organisation (EPFO) has extended the deadline for individuals to apply for higher pension scheme.
DNA - Published

Higher pension deadline moved 15 days to July 11

The Employees' Provident Fund Organisation on Monday extended by 15 days the last date for employees to opt for higher pension, till July 11.
IndiaTimes - Published

TankhaPay Developed by AKAL Information Systems Ltd. Gets 2.7 Million USD Funding from Japanese Investors

tankhapay developed by akal information systems ltd. gets 2.7 million usd funding from japanese investors
Indias first social security app, "TankhaPay," developed by Akal Information Systems Ltd., has received 2.7 million USD in funding from prominent Japanese investors. This app helps employers cover..
NewsVoir - Published

EPFO Simplifies Application Process For Higher Pension Under EPS Scheme

The Employees' Provident Fund Organisation (EPFO) has taken considerable steps to simplify the application process for a higher pension under the Employees' Pension Scheme (EPS) for eligible employees...
Zee News - Published

UPSC EPFO admit card 2023 RELEASED at upsc.gov.in, direct link here

This recruitment drive will fill a total of 159 vacancies for the post of Assistant Provident Fund Commissioner in the Employees' Provident Fund Organization, Ministry of Labour & Employment.
DNA - Published

EPF vs PPF vs VPF: Which retirement plan is best for you? Know here

In a way, both EPF and VPF are the same with the exception of the Voluntary Provident Fund allowing individuals to add extra money. On the other hand, PPF has a lock-in period but offers flexible..
DNA - Published

EPF vs PPF: Know how EPF is better than PPF

EPF comes under the Employees' Provident Fund Organisation (EPFO) while PPF was launched by the government to encourage small savings.
DNA - Published

UP Govt Hikes DA By 4% For State Employees & Pensioners: Report

The increase DA amount from January 1 to April 30 will be added in general provident fund (GPF). Hereafter, the increase amount of May will be included with the salary of June.  
Zee News - Published

EPFO issues FAQs on pension, but no clarity on computation

Seeking to put an end to widespread confusion over higher pension, the Employees’ Provident Fund Organisation (EPFO) has explained how it will calculate the amount subscribers need to move from their..
IndiaTimes - Published

Calls for extension of pension date as confusion reigns

With just a day left for the May 3 deadline and still no clarity from the Employees' Provident Fund Organisation on how pension will be calculated or arrears transferred from an employee's provident..
IndiaTimes - Published

EPFO: Know when tax on EPF withdrawal is applicable and how much to save

Employee Provident Funds (EPFs), a retirement-oriented investment instrument, are now subject to Tax Deducted at Source (TDS).
DNA - Published

Reliance Capital auction: Hinduja sole player in fray, bids Rs 9,650 crore

The Hinduja Group, through IndusInd International Holdings, was the sole bidder in the second round of auction for Reliance Capital (RCap) held on Wednesday with a bid of Rs 9,650 crore. This..
IndiaTimes - Published

EPF vs VPF: What is Voluntary Provident Fund? Know benefits and when you should begin VPF contribution

The VPF is carried on by the EPF. The VPF option is only available to salaried individuals who receive their monthly payments through a specific salary account.
DNA - Published

EPFO: How to check PF balance without internet, here are 4 ways to do it

Salaried employees can check their Provident Fund balance at home without the internet with these 4 ways.
DNA - Published

EPF Forms: Complete guide to EPFO forms for provident fund transactions

EPFO forms simplify EPF withdrawals, transfers, and partial withdrawals for employees.
DNA - Published

Allow contribution towards higher pension sans proof, Kerala HC tells EPFO

The Kerala HC on Wednesday ordered the Employees' Provident Fund Organisation (EPFO) to allow subscribers to contribute towards higher pension without insisting on proof of having opted for the same..
IndiaTimes - Published

EPFO: Here's a list of 6 important EPF claim forms for different needs

Check out the list of Employees' Provident Fund Organisation (EPFO) forms for different requirements.
DNA - Published

EPFO: Is there scope to increase PPF rates in future? Know why PPF interest rate remains unchanged

The Public Provident Fund interest rate, which is at 7.1%, has not increased in the April-June quarter.
DNA - Published

Noida fraud: Man arrested for not depositing PF amount, know punishment for EPFO fraud

The employer is required to pay simple interest at a rate of 12% per year in accordance with section 7Q of the Employee's Provident Funds and Other Provisions Act, 1952 if he/she fails to deposit PF..
DNA - Published

EPFO marginally raises PF interest rate to 8.15%

The Central Board of Trustees of the Employees Provident Fund Organisation on Tuesday recommended 8.15% interest for this financial year, compared to 8.1% paid to its six crore active subscribers last..
IndiaTimes - Published

Employees' Provident Fund: Here's how to check UAN number and PF balance online

Including contributions, interest earned, withdrawals, and more, your EPF passbook contains all your PF information.
DNA - Published

EPFO declares 8.15 percent interest rate on Provident Fund for 2022-23, check details

EPFO declares 8.15 per cent interest rate on employees' provident fund for 2022-23.
DNA - Published

EPFO Hikes PF Interest Rate For FY23: Know Latest PF Interest Rates And How To Check It Via SMS, Online, Missed Call

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..
Zee News - Published

India’s $1 trillion bond market sees rising heft of insurers

India's growing wealthy middle class is changing the country's $1tn sovereign bond market, whereby its savings - invested via life insurers, provident and pension funds - are increasingly funnelled..
IndiaTimes - Published

EPFO: 8 instances when you can withdraw PF balance

You are able to withdraw money from your account under the provisions of the Employees' Provident Fund (EPF) plan for a number of different reasons.
DNA - Published

EPFO: EPF members can easily withdraw balance for marriage, keep this condition in mind

Provident Fund is a contribution-based savings programme where both the employee and the company pay to construct a monetary reserve to cater to post-retirement demands.
DNA - Published

Provident Fund: If Your PF Passbook Is Not Updated, Would You Lose Money? Check What Govt Says

PPF interest credit is an ongoing process, which has been taken up in a scheduled manner post development of software, said Minister of State for Labour and Employment Rameshwar Teli.
Zee News - Published

UPSC EPFO Recruitment 2023: Commission issues important notice, check vacancy details, selection process and pay scale

UPSC EPFO Recruitment 2023: This recruitment drive is to fill 577 Assistant Provident Fund Commissioner and Enforcement Officer/Accounts Officer posts at EPFO.
DNA - Published

EPFO plans explainer to ‘demystify’ SC order on higher pensions

Facing backlash from the public over procedural complexities in applying for higher pension, the Employees’ Provident Fund Organisation plans to release a detailed explainer to “demystify” the..
IndiaTimes - Published

Labour budget for FY 2023-24 does not factor in implication of SC’s higher pension order, government tells Parliament panel

The labour ministry has told a parliamentary panel that its budget estimates for the next financial year have been prepared without factoring in the implications of the Supreme Court’s November 4,..
IndiaTimes - Published

Employee Provident Fund: Step-by-step guide to withdraw PF online via UMANG app

Employees' Provident Fund (EPF) employees may withdraw their Provident Fund (PF) balance online after retirement or can take out a portion of their savings in case of a financial emergency.
DNA - Published

Deadline To Opt For Higher Pension For EPS Members Retired Before 1st Sep 2014 Ends THIS Date

The Employees' Provident Fund Organisation (EPFO) closed the options on 4th of March 2023 for the retired EPS members.
Zee News - Published

Is Your Employer not Paying Monthly PF (Provident Funds) Contribution on Time? Check What EPFO Rule Says

The Employees Provident Fund Organisation (EPFO) is a statuary body which assists Central Board in administering compulsory contributory Provident Fund Scheme, Pension Scheme and Insurance Scheme for..
Zee News - Published


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