Pf

The employers are mandated to file the ECR by the 15th of every month. The Employees’ Provident Fund Organisation (EPFO) has launched a revamped Electronic Challan-cum-Return (ECR) system, which is applicable starting from the wage month of September 2025, a labour ministry statement said.

Are You Eligible for Provident Fund? Know the Rules for Private and Government Jobs

Employee Provident Fund (EPF) or Provident Fund, It’s one of the most popular forms of long-term retirement savings, wherein the employee and the employer contribute an equal amount towards savings. But who are eligible for the Provident Fund in Private and Government Jobs, can you get loan from EPF, how PF calculate, PF contribution, whether you're just starting your career or planning your retirement, understanding PF rules is crucial. Watch the video for more information on PF.

Provident Fund: Secure Your Future with Confidence!

The Provident Fund (PF) is a powerful financial tool designed to secure the future of salaried employees. It not only encourages disciplined savings but also offers significant tax benefits, emergency financial support, and long-term wealth accumulation. With contributions from both the employee and employer, PF builds a strong retirement corpus, ensuring financial independence and peace of mind in later years. Whether you're planning for retirement, facing unexpected expenses, or simply looking to grow your savings safely, understanding the full potential of PF is essential for every working professional."

Govt backing more international MoUs on skilled labour migration amid shortage concerns raised by industry

The labour secretary's comments come at a time when major infrastructure companies like Larsen & Toubro have said that India is losing a large portion of its skilled labour to infrastructure projects that are being executed in the Middle East.

Aim to implement 3 employment-linked incentive schemes by the end of year, says labour secretary Dawra

The labour ministry will work with around 25 ministries to collate data on the various central and state government schemes where employment is created, either directly or indirectly

MC Interview: EPFO to soon get a digital makeover to minimise delays in disbursal of claims: Labour secy Dawra

The retirement fund body has been in the news for inordinate delays in disbursal of claims, sometimes even running into years. The labour secretary says the ministry is in the process of upgrading the EPFO’s digital platform and is developing a central database to streamline payments, which should be ready in another 2-3 months.

Using PPF for tax-free pension income: Strategies, withdrawal options and long-term benefits

Discover how the Public Provident Fund (PPF) can serve as a pension tool with tax-free income, even after its initial 15-year tenure. Learn about withdrawal options, extension benefits, and strategies to build a substantial PPF balance for a secure retirement. Understand why PPF remains a preferred investment despite stagnant interest rates, and explore its potential compared to taxable pension options.

Only 29% elderly have access to social security schemes like pension, PF: Study

The study, which surveyed 5,169 elders and 1,333 caregivers from different socio-economic categories across 20 Tier I and Tier II cities in 10 states, sheds light on issues related to work participation, financial security, health, caregiving, social participation, and digital access.

Decoding EPFO’s tighter norms for operating transaction-less or inoperative accounts

EPFO’s move to tighten security of inoperative or transaction-less accounts is welcome, but clarification on the biometrics process for international workers and the minimum period of no credit/debit for accounts to be classified as ‘transaction-less’ is necessary.

Byju's clears PF payments of most employees after EPFO quizzes company

Byju's remitted PF payments worth Rs 8.54 crore for around 24,027 employees on July 25, sources in EPFO told Moneycontrol. The data will take about three days to reflect on the official portal.

Byju’s delays PF payments for most employees again despite EPFO nudge

The company had agreed to clear June PF payments by July 15 after Moneycontrol and a few other media outlets reported about a delay in PF payments.

Byju’s employees need not worry, EPFO will ensure they get their money: Board member

Raghunathan’s comments come a day after Moneycontrol reported that Byju’s has delayed payments for almost all employees since October last year.

EPFO sets 8.15% interest rate on provident fund for this fiscal

EPFO had declared 8.1 percent as the rate of interest for 2021-22, which is the lowest in four decades. The last time the interest rate slipped to 8 percent was in 1977-78

No, Labour Codes are not coming into effect from July 1

These are structural reforms and the ministry is for balancing labour welfare on one hand and ease of doing business on the other.

EPFO board to meet in July; separate PF scheme for gigs, universal pension scheme likely on table

A new universal pension scheme may be considered in view of the call given by the Prime Minister on universal social security and global trends, to cater to those not covered under EPS 95, an internal panel has recommended.

Prudent withdrawal strategies can help retirees stave off inflation

Real rate of return on fixed income instruments would be negligible considering the low rate of interest prevailing. Therefore, withdrawing funds from such allocations may not impact the retiree’s returns.

EPFO to rope in PFRDA, LIC for employee pension reforms

A small committee of experts from LIC and independent actuaries have already met thrice with EPFO authorities in the past two and a half months.

EPFO cuts interest rate to 8.1% for 2021-22, lowest in 43 years

Last fiscal, this interest rate was 8.5%. The last time EPFO paid lower than Fy22 rate was in 1977-78 when the interest rate was 8%. This year's lowering of the rate is likely to disappoint millions of its salaried-class subscribers.

Exclusive | EPFO to declare FY22 interest rate in March second week, PF rate hike unlikely

EPFO board to meet after the state assembly election results are announced in the second week of March. The retirement fund paid 8.5 percent interest rate to millions of its subscribers in 2020-21.

Exclusive: EPFO likely to update Central board about investigation, audit following Mumbai PF fraud

EPFO is likely to provide details of the PF fraud in a Mumbai regional office, the progress in accounts audit, and the ongoing CBI investigation in the case to the central board when it meets on 20 November. At least one board member has sought details.

Simply Save | Know the taxation rules for interest earned on EPF contribution of over Rs 2.5 lakh

CBDT has prescribed two accounts - for taxable and non-taxable contributions - within your PF account. For more insights, tune into the podcast

The pros and cons of withdrawing from your PF for home loan down payment

The employee should have completed five years’ membership for withdrawing amounts from the provident fund account

Centre mulls separating EPF, pension accounts: Report

When formal sector workers withdraw their PF contributions, they also tap into their retirement savings since they are part of a single account.

Labour codes on the cards: Companies' PF liability to go up, workers to see reduction in take-home pay

The ministry had even finalised the rules under the four codes. But these could not be implemented because many states were not in a position to notify rules under these codes in their jurisdiction.

EPFO allows members to avail second COVID-19 advance; Here's how to withdraw

"To support its subscribers during the second wave of COVID-19 pandemic, the EPFO has now allowed its members to avail second non-refundable COVID-19 advance," a labour ministry statement said.