Page 14 of EPFO

According to the statement, a month-on-month comparison of payroll data shows an increase of 2.47 lakh net subscribers in March 2022 compared to the net additions during February 2022.

EPFO adds 15.32 lakh net subscribers in March

The provisional EPFO payroll data released on Friday highlighted that it has added 15.32 lakh net subscribers in March 2022,…

May 20, 2022 18:41 IST

“The numbers of subscribers are from various sources and there are elements of overlap. Therefore, the estimates from various sources are not additive,” MoSPI said.

EPFO, ESIC bases expand at a slow pace in February

At a four-month low, 0.84 million new subscribers joined the social security schemes run by the Employees’ Provident Fund Organisation…

April 26, 2022 06:10 IST

An announcement to this effect is expected soon.

Wage ceiling for mandatory EPF may be raised to Rs 25,000/month

The move is likely to bring in an estimated 10 million more workers under the social security net.

April 21, 2022 02:15 IST

The net addition in February was 0.17 million more compared to the same month last year.

Fresh subscriptions to EPFO stands at 4-month low in February

First-time enrolment, which doesn’t necessarily mean new jobs, was the highest in August at a little over one million.

April 21, 2022 01:45 IST

EPFO adds 14.12 lakh subscribers in February

The Employees’ Provident Fund Organisation (EPFO) data showed that net enrolments between April 2021 and February 2022 were 1.11 crore.…

April 20, 2022 19:34 IST

After 2 years, govt weighs small savings rate cut; move in sync with EPFO decision

A section of policymakers pushing for status quo

March 30, 2022 04:00 IST

EPFO currently manages three schemes – Employees Provident Fund Scheme (EPF), Employees’ Pension Scheme (EPS) and Employees’ Deposit Linked Insurance (EDLI) Scheme.

Investment in securities: Cautious EPFO redefines exit policy

At present, EPFO has a corpus of about Rs 17 trillion. EPFO’s investment in debt, 85% of the incremental deposits,…

March 26, 2022 04:00 IST

She said that the government has borne a higher cost of fertilisers through enhanced subsidy instead of passing it on to farmers.

EPF rate reflects market realities: FM Nirmala Sitharaman

She said Sukanya Samriddhi Yojana offers 7.6% interest, Senior Citizen Saving Scheme 7.4%, Public Provident Fund 7.1% and State Bank…

March 22, 2022 05:45 IST

Provident Fund, PF, EPF, GPF, PPF, ULIP, ELSS, mutual fund, MF, tax on PF contribution, rate of interest on PF, EPFO, income tax, taxable contribution, tax-free contribution, Last date to link PAN-Aadhaar, save tax, minimum deposit, PPF, NPS, SSY account, last date, March 31.

Last-Minute Tax Planning: 6 things to do before March 31

Taxpayers may need to consider this fact if they propose to book long term capital gains to claim this exemption.

March 21, 2022 09:01 IST

January 2022 saw the highest monthly net addition of subscribers to the scheme so far in the current fiscal at 1.5 million. In December, EPFO added 1.26 million net subscribers.

PF contributions: From FY22, interest income above thresholds to be taxed annually

No tax on accumulated EPF interest on FY21 closing balance

March 21, 2022 03:45 IST

The tax will be deducted by the EPF organisation.

No tax on accumulated EPF interest on FY21 closing balance

A section of the taxpayers had alleged that there was lack of clarity on whether the interest on the closing…

March 21, 2022 00:15 IST

As per the data, 12.60 lakh net new members were added in December 2021.

EPFO adds 15.29 lakh subscribers in January

The age group of 29-35 years registered a healthy addition of around 3.23 lakh net enrolments. This indicates that first-time…

Updated: March 20, 2022 20:12 IST

As salaried subscribers protest the move, they must remembe

A sensible decision: EPFO has been giving unsustainable returns for long

With present conditions reflecting a much more cautious mood globally, there is no reason why the EPFO should continue to…

March 16, 2022 05:15 IST

EPFO interest rates lowest in 40 years: Opposition slams Modi government over election ‘return gift’ to working class

EPF Interest Rate Latest News: The opposition parties have mounted attack on the Modi government over the proposed cut in…

Updated: March 13, 2022 14:28 IST

The interest rate was at 8.5% for 2020-21, same as in 2019-20, which, though a seven-year low, was way higher than the returns small saver could get under any other fixed-income schemes.

EPF interest rate for FY22 lowered to over four-decade low of 8.1%

Decision shows prudence; rate still attractive to small savers

March 13, 2022 10:22 IST

Interest rate on provident fund cut to four-decade low of 8.1%

The interest rate for the current fiscal year ending March 31 was set by the retirement fund body EPFO for…

Updated: March 12, 2022 15:24 IST

Sans the power, an EPFO official said, CPFCs had to seek the CBT’s permission to exercise early exit options even in cases where the investment was not huge, or in cases where early redemption was absolutely necessary.

EPFO investments: Commissioner to get power for prompt decisions

In 2020-21, the EPFO had received Rs 2.18 lakh crore as deposits from its around 6.5 crore subscribers. The amount…

March 10, 2022 03:30 IST

EPFO invests for first time in private sector companies’ bonds after IL&FS default

This is first-time EPFO has invested in bonds issued by any private entity since the default of Infrastructure Leasing &…

March 9, 2022 07:00 IST

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