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Feb 22, 2021 09:48 PM IST Gender-wise analysis of EPFO payroll data for December, 2020, also showed that the share of females in the workforce stood at approximately 23 percent.
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Feb 16, 2021 03:42 PM IST Last year, in March, EPFO had lowered interest rate on provident fund deposits to a seven-year low of 8.5 per cent for 2019-20, from 8.65 per cent in 2018-19.
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Feb 08, 2021 08:00 PM IST The Labour Minister Santosh Gangwar added that as on January 28, 2021, the total number of beneficiaries (new employees) under the Atmanirbhar Bharat Rozgar Yojana (ABRY) meant for creating jobs stood at 4.69 lakh.
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Feb 08, 2021 01:16 PM IST EPFO informed all the concerned people about the electronic facility for principal employers.
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Jan 27, 2021 07:21 PM IST Fresh payroll addition in November was at 640,527, the lowest in five months.
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Jan 25, 2021 07:11 PM IST The NSO report showed that gross enrolments of new subscribers with ESIC were 1.51 crore in 2019-20, compared to 1.49 crore in the previous fiscal. During September 2017 – March 2018, around 83.35 lakh new subscribers had joined the ESIC scheme.
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Jan 22, 2021 11:58 AM IST Given the long-term outlook, investing only in debt instruments may not help to beat cost inflation. The added exposure to equity through ETFs may provide the additional boost to generate higher rate of returns subject to market risk
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Jan 21, 2021 05:42 PM IST Know how your EPF money is deployed, taxed and returned when you retire
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Jan 21, 2021 05:23 PM IST Moneycontrol takes a deeper dive into the EPFO and its schemes, and explores what does it do and what its benefits are.
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Jan 21, 2021 05:14 PM IST EPFO needs to reform itself on three broad counts: design, governance, and management information systems
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Jan 20, 2021 06:47 PM IST The pension fund body stated that 6.41 lakh new members have joined EPFO and roughly 3.70 lakh net members exited and then rejoined.
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Jan 17, 2021 01:10 PM IST The EPFO has settled 197.91 lakh claims related to final settlement, death, insurance, advance claims and disbursed Rs 73,288 crore till December 31, 2020.
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Jan 07, 2021 04:28 PM IST As many as 44,69,771 individuals have exited the EPFO in this fiscal so far.
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Jan 06, 2021 10:03 PM IST Prior to this, the government had launched four tranches of Bharat Bond ETFs -- two in December 2019 and two in mid-2020.
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Dec 31, 2020 04:37 PM IST Gains from ETF sales stood at around Rs 3,000 crore which helped the government meet FY20 EPF rate of 8.5 percent.
The 8.5% interest would comprise 8.15% from debt income and balance 0.35% (capital gain) from the sale of ETFs (exchange traded funds) subject to their redemption by 31st December, 2020.
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Dec 31, 2020 12:51 PM IST The finance ministry likely has given nod to the EPFO for interest rate recommendation of 8.5 percent for FY20 and according to the report in Indian express, it is expected to credit it to subscribers in the next few days.
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Dec 23, 2020 05:56 PM IST So far this fiscal, as many as 44,69,771 workers have exited the EPFO.
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Dec 20, 2020 08:16 PM IST The data comprises members who have joined during the month and whose contribution has been received by the EPFO for the wage month.
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Dec 16, 2020 10:11 PM IST The Labour Ministry has sent a proposal to the Finance Ministry to give concurrence to credit 8.5 percent rate of interest on EPF for 2019-20 earlier this month.
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Dec 13, 2020 11:58 AM IST The source further said that earlier the Ministry of Finance had sought some clarifications on the rate of interest for the last fiscal, which were duly addressed.
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Dec 10, 2020 10:41 AM IST The Cabinet, led by Prime Minister Narendra Modi has sanctioned expenditure of Rs 1,584 crore for the current financial year (FY20-21), and Rs 22,810 crore for the entire scheme duration of 2020-2023.
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Dec 10, 2020 08:11 AM IST The Cabinet has approved an expenditure of Rs 1,584 crore for the current financial year and Rs 22,810 crore for the entire Scheme period - 2020-2023
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Dec 09, 2020 12:03 PM IST Out of the contributions received, the EPFO invests 85 percent in fixed-income instruments and 15 percent in equity through ETFs.
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Dec 07, 2020 05:18 PM IST The September data also showed that as many as 38 percent of the new female subscribers of the EPFO belonged to the 35+ age bracket, unlike the 22-25 age category as seen in the previous months
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Nov 28, 2020 06:11 PM IST To locate their nearest Common Service Centres (CSCs), pensioners can go on https://locator.csccloud.in/. Online request to Post Offices for submission of JPPs from the comfort of their home or elsewhere can be placed on http://ccc.cept.gov.in/covid/request.aspx