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Sunday, November 29, 2020

EPFO

EPFO NEWS

April-October: EPFO settles claims worth Rs 55.9K crore

November 21, 2020 1:23 am

Of this, 47.58 lakh were Covid-19 advance claims worth Rs 12,220.26 crore, a letter sent by EPFO to its Central Board of Trustees on Friday showed.

Govt to bear 2 years’ share of PF for laid-off, new workers

November 13, 2020 12:20 am

The contribution of 24 per cent for both employers and employees for establishments employing up to 1,000 employees will be borne by the Centre and for establishments employing more than 1,000 employees, 12 per cent of the employees’ share will be contributed by the government.

EPFO looks at criminal action to recover stressed investments

September 16, 2020 9:45 am

At its meeting last week, the Central Board of Trustees (CBT) chalked out a plan of action after discussing the status reports of the risky investments spread across companies including Reliance Capital, DHFL, IL&FS, Yes Bank, Indiabulls and IDFC, three CBT members said.

EPF members withdraw Rs 39.4K crore during Mar 25-Aug 31; highest from Maharashtra

September 15, 2020 11:54 am

Members of Employees’ Provident Fund Organisation (EPFO) were also allowed relaxation in March regarding withdrawal of their funds to mitigate financial difficulties posed by the pandemic.

Explained: Amid Covid-19, should you dip into Employees' Provident Fund?

September 16, 2020 1:44 pm

Amid job losses, pay cuts, end of loan moratorium, and a proposed split in interest payment on provident fund, should you withdraw from your provident fund? It depends on your need, and how it affects your credit history

Crisis & safety net

September 11, 2020 12:39 am

In uncertain environment, EPFO must align itself with interest rates in broader economy, avoid risks.

8.15% interest rate on PF to be paid now, rest linked to equity returns

September 11, 2020 5:57 pm

Employees’ Provident Fund Organisation (EPFO) interest rate: The EPFO invests 85% of its annual accruals in the debt market and 15% in equities through ETFs.

EPFO decides to credit part of 8.5 per cent interest for FY20

September 09, 2020 5:05 pm

The decision to provide 8.15 per cent interest now on EPF has been taken at the Employees' Provident Fund Organisation's (EPFO) trustees meet held on Wednesday, a source told PTI.

EPFO settles 94.41L claims worth Rs 35,445 crore during April-August

September 09, 2020 12:46 am

Fifty five per cent of the advance claims settled during April-August 2020 were related to the Covid-19 advance, while around 31 per cent of advances settled during the period pertained to illness claims.

EPFO Central Board set to okay offloading part of ETFs to meet FY20 interest payout

September 08, 2020 11:37 am

The Central Board of Trustees, in March, recommended an interest rate of 8.5% for 2019-20, a 15 basis point downward revision from the 8.65 per cent offered in the previous year.

EPFO PHOTOS

EPF rollback: Trade unions protest in Bengaluru

April 19, 2016 10:41 pm

Under pressure from protesting trade unions, the Centre has cancelled a notification that tightened rules for the withdrawal of Employees’ Provident Fund (EPF) accumulations till the age of 58.