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No more headaches in transfering old PF balance to new co
Under the new rules, if an employee changes his job, he won't have to go through the paperwork to transfer his PF from the old organisation
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Is your company depositing your PF with EPFO?
Employers must deposit funds into the employee’s EPFO by the 15th of the following month, in which the salary is credited.
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EPFO raises rates by 10bps, sets 8.25% for 2023-24
In March 2022, EPFO had reduced the interest rate on EPF for 2021-22 to 8.1 percent, which was the lowest in four decades
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More tax breaks likely for NPS
The government may make the National Pension System (NPS) more attractive by extending tax concessions on contributions and withdrawals especially for
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EPFO payroll additions: Oct records rise
October, the month of festivities in large parts of the country, also brought in some happy tidings for employment generation with formal job creation
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Got first salary? Get on to SIP!
experts suggest that young investors should start investing in a mutual fund through a Systematic Investment Plan
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Net addition of 2.9 m women in EPFO in FY23
The Employees Provident Fund Organisation (EPFO) has added net addition of 28,69,688 women subscribers in FY23 against 15,93,614 in 2019-20, Parliamen
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PF deposit defaults up 10% in 5 years
The provident fund is one of the earliest social safety organisation for workers of the organised sector in the country and was set up in March 1952
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EPFO adds 17.21 lakh members in Sept’23
Since, April 2018, EPFO has been releasing payroll data covering the period from September 2017 onwards.
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What’s happening on India’s employment front?
More than 80% of the hired frontline workers held either a graduation degree, or at least a high school diploma. Nevertheless, the need for upskilling
