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EPFO ARREARS
CAG flags delay in finalisation of accounts of various PSUs, autonomous bodies in J&KThe CAG has flagged a massive backlog in the finalization of accounts for Jammu and Kashmir's PSUs and autonomous bodies, with many remaini...- EPFO orders audit of applications for higher pension; exempted units in focusThe Employees' Provident Fund Organisation (EPFO) will audit pension applications related to higher wages, prioritizing exempted establishm...
- EPF due payment via demand draft: EPFO allows one-time payment of past EPF dues via Demand DraftThe EPFO now permits employers to make one-time payments of past EPF dues via Demand Drafts, addressing situations where the standard Elect...
- EPFO rate likely to be out todayThe central board of trustees of the Employees' Provident Fund Organisation will decide the interest rate for PF deposits for 2024-25 on Fr...
- Compliance check: EPFO reports 69% higher outstandings for FY24The Employees' Provident Fund Organisation (EPFO) reported a significant increase in outstanding dues, reaching ₹25,821 crore in March 2024...
- Defaults under EPFO hit all-time high, rise 69.3%EPFO defaults soared to a record ₹25,820.88 crore in 2023-24, a 69.3% jump. Exempted establishments drove the surge, with Telangana leading...
- Number of EPFO subscribers up 7.6% at 73.7 million in 2023-24As per the draft annual report of EPFO for 2023-24, approved by the labour secretary Sumita Dawra-led executive committee of the central bo...
- Higher EPS pension: Will pensioners' arrears get adjusted against higher contribution dues from them? EPFO answersThe Employees' Provident Fund Organisation (EPFO) has issued revised FAQs on higher EPS pension on December 13, 2023. The newly added FAQ a...
- Private sector’s default on PF dues has risen by almost 10% in last 5 yrs, says EPFO's draft reportThe private sector's default on provident fund dues with the Employees' Provident Fund Organisation (EPFO) has increased by almost 10% over...
- EPFO to run special recovery drive from December to FebruaryIn response to the escalating challenge of delayed recovery of dues from subscribers, the Employees’ Provident Fund Organisation (EPFO) is ...
- Byju’s staff to get their PF dues as company transfers Rs 123 crore to EPFOAccording to people familiar with the development, Byju’s has made a payment of Rs 123.1 crore to the EPFO for a 10-month period from Augus...
- EPFO issues FAQs on higher EPS pension, but no clarity on computationEPFO said applicants will have up to three months to provide written consent to EPFO to either draw arrears from their PF, or to deposit fu...
- When is EPS pension credited into pensioner's bank account?The EPS ensures that private sector employees receive a pension once they reach the age of 58 years. The employee and employer each contrib...
- EPFO disburses Rs 868 crore of pension along with Rs 105 crore arrears for commutationThe government, had, in February this year notified the restoration of full pension after 15 years of retirement for pensioners who have co...
- EPFO recovers Rs 459 crore PF dues out of Rs 1,251 crore outstanding in 2018-19The total backlog or outstanding provident fund dues of EPFO during 2018-19 was Rs 791.63 crore, Labour Minister Santosh Gangwar said in a ...
- EPFO may move Supreme Court against high pensionOfficials argue that monthly contribution to EPS is too low and will not be able to sustain higher pension.
- Regular shortfall in government share in employee pension scheme: CAGThere were consistent shortfalls in government's contribution between 2006-07 and 2011-12 towards pension schemes run by EPFO, said CAG.
- Hike contribution to ensure Rs 1,000 minimum pension: EPFO to GovernmentIn the present scenario, Central Government contributes 1.16 per cent of workers' basic wages (basic pay plus dearness allowance), towards ...
- EPFO upset over higher SBI fee, may rope in others for PF collectionIrked by SBI’s unilateral decision to raise charges on provident fund collections, the retirement fund manager EPFO is considering handing ...
- EPF holders to have PAN-like cardTo ensure speedy settlement of Provident Fund and pension claims, Employees Provident Fund Organisation (EPFO) will issue National Social S...
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