Employees' Provident Funds Ordinance (EPFO)
Business  India 

EPFO Raises Auto-Settlement Limit for Advance Claims from ₹1 Lakh to ₹5 Lakh

EPFO Raises Auto-Settlement Limit for Advance Claims from ₹1 Lakh to ₹5 Lakh New Delhi, June 25 — In a major move to enhance member services, the Ministry of Labour and Employment has announced that the Employees' Provident Fund Organisation (EPFO) has increased the auto-settlement limit for advance claims from the existing ₹1...
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India 

EPFO Retains EPF Interest Rate at 8.25% for 2024-25

EPFO Retains EPF Interest Rate at 8.25% for 2024-25 New Delhi, February 28: The Employees' Provident Fund Organisation (EPFO) has decided to maintain the interest rate on Employees' Provident Fund (EPF) deposits at 8.25% for the financial year 2024-25. Sources revealed this decision on Friday following the meeting of...
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Business 

EPFO Sees Highest Enrollment in Three Months, Young Workers Drive Growth

EPFO Sees Highest Enrollment in Three Months, Young Workers Drive Growth New Delhi, February 20: The Employees' Provident Fund Organization (EPFO) recorded its highest net enrollment in three months, adding 15.62 lakh new members in December 2023. This represents an 11.97% increase compared to November and a 4.62% increase compared to...
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Business 

EPFO fixes 8.15% interest rate on employees' provident fund for 2022-23

EPFO fixes 8.15% interest rate on employees' provident fund for 2022-23 Retirement body employee provident fund organisation (EPFO) on Tuesday fixed 8.15 per cent interest rate on the employees' provident fund for 2022-23.
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