Employees Provident Fund Organisation Archives

New PF withdrawal card aims to enable ATM-based fund access

EPFO to introduce ATM withdrawals for Provident Fund savings starting January...

PGurus Newsdesk - December 12, 2024 0

Good news! 70 mn subscribers to withdraw Provident Funds at ATMs: Labour Secretary Starting January 2025, Employees’ Provident Fund Organisation (EPFO) subscribers will be able...

The FIR states that SpiceJet deducted 12% of employees’ salaries for PF contributions but failed to remit these amounts as required

Law and Order

Delhi Police EOW files case against SpiceJet MD and officials over...

PGurus Newsdesk - October 5, 2024 1

FIR against Ajay Singh, SpiceJet board surfaces day after clearing PF dues In a significant development for struggling airline SpiceJet, the Economic Offences Wing (EOW)...

EPFO had lowered the interest on EPF for 2021-22 to an over four-decade low of 8.1% for its about five crore subscribers

Finance

EPFO hikes interest rate on employees’ provident fund to 8.15% for...

PGurus Newsdesk - March 28, 2023 0

PF interest alert: EPFO fixes an 8.15% interest rate on provident fund In its meeting on Tuesday, the retirement body Employees’ Provident Fund Organisation (EPFO)...

Although the decision was taken in EPFO's Central Board of Trustees (CBT) meeting, it will have to be ratified by the finance ministry before it takes effect

Investing

Employees’ Provident Fund interest rate for 2021-22 reduced from 8.5% to...

PGurus Newsdesk - March 12, 2022 1

Provident fund interest rate slashed to a 4 decade low In a four-decade lowest slash in the Provident Fund interest rates, The Employees Provident Fund...