New Delhi: The EPFO on Tuesday entered into agreements with 15 additional banks, both in the public and private sector, to enable direct payment of nearly Rs 12,000 crore in annual collections and ...
The Karnataka High Court has penalized an employer ₹77,000 for delaying provident fund contributions for two employees over two years. The court ruled that the penalty under EPFO rules cannot be less ...
The move is aimed at making EPF access more convenient for the organisation's nearly 8 crore members, many of whom currently ...
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EPF due payment via demand draft: EPFO allows one-time payment of past EPF dues via Demand Draft
The Employees' Provident Fund Organisation (EPFO) has issued a clarification addressing concerns raised by various Field Offices regarding situations where employers are unable to remit past dues ...
(MENAFN- KNN India) Chennai, Dec 29 (KNN) Private sector lender Tamilnad Mercantile Bank (TMB) on Monday announced the launch of online collection of Employees' Provident Fund (EPF) payments through ...
Subscribers to get faster access to provident fund money directly into bank accounts Subscribers of the Employees' Provident Fund Organisation (EPFO) will soon be able to withdraw their Employees’ ...
The compound interest is credited by EPFO on a monthly running balance basis at the statutory rate declared for each year. For 2024-25, EPFO declared an interest of 8.25%.
The Employees’ Provident Fund Organisation (EPFO) has streamlined 13 complex withdrawal provisions into a single, simplified rule, allowing members to withdraw up to 75% of their PF balance for ...
For decades, withdrawing provident fund (PF) money was one of the most stressful experiences for salaried employees in India. Long forms, repeated visits to EPFO offices, manual verification, and ...
Starting in 2026, several new financial rules are set to be implemented in India. The implementation of the 8th Pay Commission will increase the salaries of government employees, and the new income ...
The Central Board of Trustees led by Union Labour and Employment Minister Mansukh Mandaviya has approved the new EPFO interest rates for 2026-27.
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