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After labour ministry efforts paid off this year as it managed to convince the finance ministry to provide EPF interest rate of 8.65% for the FY ending March 2019, for the year ending March 2020, the interest rate on compulsory EPF ...

EPFO Alerts On Steps To Ward Off PF Related Scam

In a tweet on Monday, the provident fund managing body said that "Be informed: #EPFO never asks you to share your details or deposit any amount in the bank. Don't disclose your personal information over the phone". The organization has alerted ...

This Rule Change In EPF Will Benefit More Employees

This Amendment In EPFO is set to benefit additional 50 lakh employees as the new changed set of regulations come into effect from January 1, 2020. In respect of the same, ministry of labour under the Central government has issued a ...

5 Ways To Make The Most Of Your EPF A/c

EPFO came out with the concept of provident fund so as to assist workers in their retired life and the savings will remain as though or you can best take the advantage of the said funds. Only if you follow the ...

EPF Scam: You Should Know About

As incidents of fraud are on the rise and almost all organizations are being touched upon like the recent case wherein taxpayers have been receiving fake message which are being claimed to be from the Income Tax department and says ' ...

EPF Subscribers Can Now Obtain UAN Directly From EPFO Portal

On Friday, the retirement fund body EPFO rolled out a facility using which subscribers under the scheme who are employed in the formal sector can directly get their UAN or universal account number from the EPFO portal without the need to ...

Employees Pension Scheme: What Happens If You Do Not Complete 58-Years?

All those who are part of the Employees Provident Fund (EPF) automatically become part of the The Employees Pension Scheme (EPS). Now, if you are part of the Employee Pension Scheme and complete 58 years of age and 10 years of ...

Provident Fund Fraud You Should Be Aware Of

Provident Fund Frauds You Should Be Aware Of

The Employees Provident Fund Organisation (EPFO) has been crediting interest for the financial year 2018-19 to its 6 crore subscribers and recently issued a warning of a scam involving fake calls made to members. The retirement fund body said that scamsters ...

EPFO Subscribers May Have A Facility To Draw Pension After 60 Years

Under the EPFO scheme, the proposal has been made to increase the superannuation age on attainment of which subscriber is allowed to draw pension from 58 currently to 60. The move if implemented will enable subscribers to grow their retirement funds ...

Superannuation Age For Epfo Subscribers May Be Increased To

How To Check EPFO Claim Status?

EPF similar to a PPF scheme was started to create a retirement kitty for individuals but the facility is available primarily to employed class. Towards the EPF account, both the employee and employer contribute 12% of their basic pay and dearness ...

New Social Security Code To Facilitate Joining Of NPS By New Employees

The Centre is making efforts to simplify procedure for the working class by introducing a new Code on Social Security 2019. And in respect of the same, an initial draft has been put for the domain for suggestions and comments until ...

Ensure This Condition Is Met As Else Your EPF Interest Will Not Be Credited

For the FY19, the EPFO body after much deliberation has finalized the interest rate for FY 19 at 8.65%, though at first ministry of finance objected in light of the falling interest rate scenario across financial products. But as the EPFO ...