Agreements with Banks for easy deposit & withdrawals of EPF Contributions The Employees' Provident Fund Organisation (EPFO) has tied up/entered into agreement with ten banks to collect EPFO dues and to make payments of Provident Fund (PF) withdrawals, pension and insurance to EPFO beneficiaries. These banks are State Bank of India, Punjab National Bank, Indian Bank, … [Read more...] about Agreements with Banks for easy deposit & withdrawals of EPF Contributions
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Employees Provident Fund Organisation
Withdrawal under paragraph 68-BD of EPF Scheme, 1952 for housing needs of the PF members
Employees Provident Fund Organisation (Ministry of Labour & Employment, Govt. of India) Head Office Bhavishya Nidhi Bhawan, 14-Bhikaiji Cama Place, New Delhi-110066 No: WSU/39(1)2017/Housing Scheme/4106 Date: 24.05.2017 To All Addl. CPFC (HQ/ Zone), Regional P.F. Commissioners-incharge of Regional Offices. Sub: Withdrawal under paragraph 68-BD of EPF Scheme, … [Read more...] about Withdrawal under paragraph 68-BD of EPF Scheme, 1952 for housing needs of the PF members
Online Facility for Settlement of Claims in EPFO
Online Facility for Settlement of Claims in EPFO Employees’ Provident Fund Organisation (EPFO) has taken various steps to provide various online services like for claims of provident fund, final settlement, withdrawals and pension fund withdrawal, etc. to its members in a quick and transparent manner. However, no specific date has been fixed. Receipt of transfer claims … [Read more...] about Online Facility for Settlement of Claims in EPFO
EPFO Invest more than Rs.18 crore in ETFs
EPFO Invest more than Rs.18 crore in ETFs Employees Provident Fund Organisation (EPFO) is investing in Exchange Traded Funds (ETFs) based on Nifty 50, Sensex and Central Public Sector Enterprises (CPSE) Indices. EPFO does not invest in shares and equities of individual companies. The total amount invested by EPFO in ETFs as on 28th February, 2017 is as under: (i) Nifty … [Read more...] about EPFO Invest more than Rs.18 crore in ETFs
Pledging PF to buy home may soon become a reality
Pledging PF to buy home may soon become a reality Retirement fund body EPFO may soon introduce a scheme to allow its over 4 crore subscribers to pledge their provident fund to buy low-cost houses and use the account to pay equated monthly installments. “We are working on a housing scheme for members of the Employees’ Provident Fund Organisation (EPFO). Under it, members … [Read more...] about Pledging PF to buy home may soon become a reality
EPFO may pay 9% interest on PF deposits for 2015-16
EPFO may pay 9% interest on PF deposits for 2015-16 Retirement fund body EPFO may provide 9 per cent interest on PF deposits for this fiscal, which is higher compared to 8.75 per cent provided in previous two fiscals to its over five crore subscribers. The Employees Provident Fund Organisation’s (EPFO) finance panel has recommended raising the interest rate on statutory … [Read more...] about EPFO may pay 9% interest on PF deposits for 2015-16
PF Withdrawal Made Easier, 2 Crore Employees to Benefit: 10 Facts
PF Withdrawal Made Easier, 2 Crore Employees to Benefit: 10 Facts Of late, the Employees' Provident Fund Organisation (EPFO) has taken many steps to make provident fund (PF) accounts more user-friendly. Earlier this month, EPFO allowed its subscribers to file their PF withdrawal applications directly to the retirement fund body without employers' attestation. Here is a … [Read more...] about PF Withdrawal Made Easier, 2 Crore Employees to Benefit: 10 Facts
Public Sector Undertakings Comes Under EPFO Scanner
Public Sector Undertakings Comes Under EPFO Scanner EPFO Concentrates on Workers in Construction Sector Student-Trainees not Employees for Purpose of EPF & MP act, 1952. While taking stock of the various developments in EPFO during the month of October, 2015, Shri K.K. Jalan, CPFC noted that several important decisions have been taken in the past one … [Read more...] about Public Sector Undertakings Comes Under EPFO Scanner
EPS pensioners assured of minimum pension of Rs. 1000 per month
EPS pensioners assured of minimum pension of Rs. 1000 per month Press Information Bureau, Government of India Ministry of Labour & Employment 12-May, 2015 EPS pensioners assured of minimum pension of Rs. 1000 per month EPFO settles 11.77 lakh claims in April 2015: 77% of EPF claims settled within 10 days. The Employees Provident Fund Organisation(EPFO) has … [Read more...] about EPS pensioners assured of minimum pension of Rs. 1000 per month
Coverage under Employees’ Provident Fund Organisation (EPFO): Lok Sabha Q&A
Coverage under Employees' Provident Fund Organisation (EPFO): Lok Sabha Q&A GOVERNMENT OF INDIA MINISTRY OF LABOUR AND EMPLOYMENT LOK SABHA UNSTARRED QUESTION NO 154 ANSWERED ON 24.11.2014 COVERAGE UNDER EPFO 154 . Mahadik Shri Dhananjay Bhimrao, Gavit Dr. Heena Vijaykumar Patil Shri Vijaysinh Mohite, Satav Shri Rajeev Shankarrao, Sule Smt. Supriya … [Read more...] about Coverage under Employees’ Provident Fund Organisation (EPFO): Lok Sabha Q&A
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