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EPFO likely to provide 9% interest for 2014-15

Last Updated: Friday, June 06, 2014, 18:42

Retirement fund body EPFO is likely to provide nine percent rate of interest on PF deposits for the current fiscal to its over five crore subscribers, slightly higher than 8.75 percent paid in 2013-14.

EPFO settles 1.23 cr claims in FY14

Last Updated: Sunday, May 25, 2014, 11:29

According to a recent performance review, 66 percent of the claims were settled in 10 days and 90 percent within 20 days.

EPFO asks field offices to verify PF claims of foreign workers

Last Updated: Wednesday, May 14, 2014, 20:52

In a bid to ensure that norms are adhered to while settling PF claims of foreign workers from countries with which India does not have social security pacts, retirement fund body EPFO has asked its field staff to get those claims verified from the head office.

EPFO decides to fine PF trust flouting investment rules

Last Updated: Wednesday, May 07, 2014, 17:39

Retirement fund body EPFO has decided to impose surcharge (penalty) on private PF trusts for any violation of investment rules and may withdraw exemptions in case of serious lapse.

Pension hike to be implemented after elections: EPFO official

Last Updated: Monday, April 28, 2014, 20:33

Vijaykumar also said that the hike of pension to Rs 1,000 a month was likely to be implemented once the elections were over. It is likely to be given with a retrospective effect from April, 2014.

Online PF transfer for workers under private trusts from July

Last Updated: Friday, April 18, 2014, 17:20

The EPFO has settled 1.21 crore claims in 2013-14, including about 12 lakh PF transfer claims.

EPFO to provide all benefits through e-mode by September

Last Updated: Thursday, April 17, 2014, 14:49

Retirement fund body EPFO has decided to make all payments to its beneficiaries through electronic mode from September this year, including provident fund claims.

Employees going for offshore work can fill PF data online

Last Updated: Monday, April 14, 2014, 18:50

Organised sector employees going abroad for offshore work can now fill their PF details online for seeking the Certificate of Coverage -- which attests that the person concerned is covered under social security schemes, and get it in three working days.

EPFO told to hold clubbing of allowances for PF deduction

Last Updated: Saturday, April 05, 2014, 18:03

"EPFO has got a letter from the Labour Ministry asking it not to go ahead with clubbing of allowances with basic pay. The EPFO will soon issue a notification," a source said.

Government rejects proposal to club allowances with basic pay

Last Updated: Saturday, April 05, 2014, 16:48

"EPFO has got a letter from the Labour Ministry asking it not to go ahead with clubbing of allowances with basic pay. The Employees' Provident Fund Organisation (EPFO) will soon issue a notification," a source said.

EPFO makes it mandatory for PF trusts to file returns online

Last Updated: Sunday, March 30, 2014, 11:52

Retirement fund body EPFO has made it mandatory for private provident fund trusts to file their returns online every month from April this year to improve the monitoring of these employers.

EPFO panel meet on Friday to grant tax exemption to PF trusts

Last Updated: Wednesday, March 26, 2014, 19:21

In a bid to protect tax benefits for subscribers of about 180 private provident fund trusts, retirement fund body EPFO has called a meeting of an empowered committee on Friday to grant them regular tax exemption.