Employees provident fund organisation

The retirement fund body said its calculations show that after an 8.65% payout in 2018-19, EPFO will be left with a surplus of only ₹151 crore .pradeep gaur/mint

Labour ministry, EPFO may stick with 8.65% rate for FY19

3 min read . 30 Jun 2019

The EPFO presently covers 190 industries (mentioned in the schedule 1 of the EPF Act) with over 20 crore accounts in over 11.3 lakh covered establishments.

EPFO subscribers may get option to increase stock investments

2 min read . 31 Dec 2018

Maharashtra has had consistently the highest net growth month-on-month (20%) in subscribers across all age groups except below 18. Photo: Mint

Opinion | EPFO’s bid to publish payroll data is a gift to policymaking

2 min read . 30 Oct 2018

To avail UAN-based online services seeding the UAN with Aadhaar is mandatory: Official. Photo: Mint

Aadhaar not mandatory for EPF but for your convenience

5 min read . 30 Oct 2018

The new provident fund withdrawal rules will benefit about 5.5 crore subscribers. Photo: Mint

New EPF withdrawal rules explained in 5 points

2 min read . 27 Jun 2018

The EPFO members got 8.8% in 2015-16 and 8.75% each in 2014-15 and 2013-14. Photo: Ramesh Pathania/Mint

EPFO notifies 8.55% interest rate on PF for 2017-18, lowest in 5 years

1 min read . 25 May 2018

The Employees’ Provident Fund Organisation (EPFO) has hosted its services on Umang app. Photo: Priyanka Parashar/Mint

How to check your EPF balance on your smartphone

1 min read . 02 May 2018

The EPFO has subscribers’ base of over 5 crore and manages a corpus of over Rs10 lakh crore. Photo: Pradeep Gaur/Mint

EPFO to inform subscribers about contributions not deposited by firms

1 min read . 25 Apr 2018

The EPFO plans to credit ETF investments in the PF accounts of in about three months, thereafter it would give an option to the subscribers to hike or cut investments in ETFs from their funds. Photo: Pradeep Gaur/Mint

EPFO subscribers to get option to hike investments in ETFs by this fiscal

1 min read . 18 Apr 2018

Right now, organized sector employees earning a monthly salary of up to Rs15,000 are mandatorily covered under EPFO and enjoy both provident fund (PF) and pension benefits. Photo: Pradeep Gaur/Mint

Govt not to hike basic salary to Rs21,000 to increase EPFO coverage

2 min read . 16 Apr 2018

The Employees’ Provident Fund Organisation (EPFO) can issue showcase notice, persecute establishments, or cancel their exempted status. Photo: Pradeep Gaur/Mint

433 companies under EPFO’s scanner for possible defaults in PF management

1 min read . 12 Apr 2018

At present, EPFO subscribers have the option of filing online as well as manual claims for provident fund withdrawal as also for pension. Photo: Mint

EPFO makes online claims must for PF withdrawals above Rs10 lakh

1 min read . 27 Feb 2018

Currently, the Employees Provident Fund Organisation (EPFO) invests 15% of PF contributions in equities and the rest in debt. Photo: Mint

EPFO may raise equity investment limit to 25%

3 min read . 16 Feb 2018

The government taking over the responsibility of paying this 8.33% of the basic salary was intended to incentivize employment generation. Photo: Ramesh Pathania/Mint

Budget 2018: Government tries to boost employment

2 min read . 02 Feb 2018

The Employees’ Provident Fund Organisation (EPFO) may lower interest rate on provident fund deposits this fiscal compared to 8.65% . Photo: Pradeep Gaur/Mint

EPFO may lower interest rate for 2017-18

1 min read . 26 Nov 2017

Union labour minister Bandaru Dattatreya said as of July, the return from ETF investments was 12.55% which was way more than the 8.65% that was paid to the members. Photo: Mint

EPFO to trim investments in AAA-bonds, may pump Rs3,000 crore into AA+bonds

1 min read . 28 Aug 2017

The EPFO had issued 20,022 certificate of coverage (CoC) to its subscribers during 2016-17. Photo: Mint

EPFO members on foreign postings can apply for CoC online

1 min read . 25 Aug 2017

The EPFO has a corpus of over Rs10 trillion. It had managed investible deposits of Rs1.5 trillion last fiscal. Photo: Mint

EPFO to go paperless by August 2018

1 min read . 24 Aug 2017

The labour ministry is in the process of amending Employees’ Provident Fund Scheme 1952, so that large private PF trusts having accumulations can carry on the management of their employees’ EPF money and accounts. Photo: Mint

EPFO may bring 500 small private PF Trusts into its fold

2 min read . 25 Jun 2017

Labour minister Bandaru Dattatreya says aiming to help 10 lakh EPF subscribers build or buy homes in next two years, and the Hudco tie-up is a step towards the same. Photo: Priyanka Parashar/Mint

EPFO to help 1 million subscribers purchase houses

2 min read . 23 Jun 2017