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Aadhaar No Longer Required As Proof Of Date Of Birth For Correction, Updation Purposes: EPFO Update

In a circular dated January 16, 2024, the Employees' Provident Fund Organisation (EPFO), said that Aadhaar has been removed from the list of acceptable documents for proof of date of birth (DoB) for correction, and updation purposes.The circular on "Removal of ...

EPFO Deadline Extension: Last Date To Upload Wage Details For Higher Pension Extended To May 31, 2024

The retirement fund body Employees' Provident Fund Organisation (EPFO) has extended the last date for employers to upload wage details for higher pensions by five months to May 31, 2024. The earlier deadline to upload wage details for higher contributions was ...

EPFO Update: Can EPF Members Still Withdraw Funds From Covid Advance Facility?

EPF members may now not be able to withdraw funds from the Covid advance facility as the retirement fund body The Employees' Provident Fund Organisation (EPFO) has reportedly terminated this special fund withdrawal facility that was granted to subscribers to take ...

Reasons For EPF Withdrawals: Tips To Ensure A Smooth Sail Through Provident Fund Claims

The Employees' Provident Fund Organisation (EPFO) plays a pivotal role in safeguarding the financial interests of millions of workers, overseeing the provident fund contributions that form a crucial part of their financial safety net. While the EPFO allows subscribers to make ...

Govt Okays 8.15% Interest Rate For EPFO For FY 2022-23

The government has okayed interest rate of 8.15% to the Employees' Provident Fund (EPF) scheme for 2022-23. According to an Employees' Provident Fund Organisation (EPFO) office order issued today (July 24, 2023), the Union Ministry for Labour and Employment has conveyed ...

EPFO Extends Deadline For Opting Higher Pension Under EPS; Final Opportunity To Apply Until July 11, 2023

The Employees' Provident Fund Organization (EPFO) has announced an extension of the deadline for employees to opt for a higher pension under the Employees' Pension Scheme (EPS). The deadline for submitting applications has been extended to July 11, 2023 in order ...

EPFO Simplifies Claiming Higher Pensions: New Guidelines and Documentation Requirements

The Employees' Provident Fund Organisation (EPFO) has taken steps to make the process of claiming higher pensions more transparent. With the goal of providing more clarity on how to claim a larger pension, the Employees' Provident Fund Organisation (EPFO) issued a ...

Explained: Where Does Your EPF Contribution Go?

The Employees' Provident Fund Organisation (EPFO) administers the EPF (Employees' Provident Fund) retirement benefits scheme. A social security initiative Employees' Provident Fund (EPF) enables both the employer and the employee to make monthly contributions of a fixed amount. On a monthly ...

EPFO Adds 13.40 Lakh Members In March 2023

The Employee Provident Fund Organisation (EPFO), the retirement fund body has added nearly 13.40 lakh members on a net basis in March, taking the total addition to 1.39 crore for the financial year 2022-23, according to payroll data released on Saturday. ...

EPF Norms: Higher Pension Eligibility & Key Issues About Joint Application

In a circular issued by Employees' Provident Fund Organisation clarification was given pertaining to key issues employees/pensioners were facing while jointly applying for higher pension from Employees Pension Scheme (EPS). The circular issued on April 23, 2023 also mentioned about the ...

EPFO Board Meeting Outcome: EPFO Fixes 8.15% Interest Rate On Employees' Provident Fund For 2022-23

In a two day meeting of Central Board of Trustees held on March 27-28, the decision to fix the interest rate to 8.15% on employees' provident fund for 2022-23 was taken, as per the sources quoted by news agency PTI. On the ...

EPFO Board Meeting Begins Today: Pension, Interest Rates To Drop Below 8%

The Central Board of Trustees (CBT) will discuss interest rates for financial year 2022-23 for employees provident fund in its 233rd meeting to be held on March 27-28. It is unlikely that the interest for FY23 would drop below ...

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