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EPFO NOVEMBER
7 must-know things about EPS-95 pension: Eligibility, pension formula, family benefits and moreThe Employees' Pension Scheme, 1995, offers vital retirement benefits for organized sector workers. Managed by the Employees' Provident Fun...- Employee wins Rs 50,000 compensation from EPFO for 10-year delay in processing EPF transfer claimThe Chandigarh Consumer Commission ruled that the EPFO cannot use software issues as an excuse for a decade-long delay in transferring an e...
- Tata Motors rolls out VRS after union push; around 300 employees opt inTata Motors recently offered a voluntary retirement scheme to its employees. This initiative was a response to demands from worker unions. ...
- India services activity hits 5-month high in April on strong domestic demand: HSBC PMIIndia's services sector saw strong growth in April, reaching a five-month peak. Domestic demand and new orders fueled this expansion. Manuf...
- EPFO member alert! Have old, inoperative EPF account? E-PRAAPTI portal will soon help you track it easilyThe Employees Provident Fund Organisation is introducing E-PRAAPTI, a new digital portal. This platform will assist members in finding, tra...
- Inspection scheme soon to flag firms dodging EPFOIn a bid to strengthen worker protections, the Labour and Employment Ministry is launching a comprehensive inspection program. This proacti...
- Will EPF interest rate rise to 10%? Central government clarifies stance on rate hike and feasibilityThe government has stated it has not received formal requests from labour unions to raise the Employees Provident Fund interest rate to 10%...
- Formal sector jobs rebound in NovemberNet formal job creation under EPFO saw significant improvement last November, with 1.46 million net jobs created. Recruitment was highest a...
- Net formal job creation under EPFO rebounds in November 20204 after touching a five-month low in OctoberProvisional payroll data of EPFO, released by the ministry of labour and employment on Wednesday, shows that the retirement fund body witne...
- EPFO: No ELI benefits if you don't activate UAN by November 30, 2024, how to activate UAN on EPFO member portalUAN activation deadline: Employees must activate their Universal Account Number (UAN) and link their Aadhaar to their bank accounts. This m...
- EPFO adds 13.95 lakh net members during November 2023EPFO added 13.95 lakh net members in November 2023, with a higher cumulative net addition during the current financial year compared to the...
- EPFO data suggests a significant acceleration in formalisation of the job market: Economic SurveyThe net additional subscription witnessed a decline again in November 2020 and also during the second wave of Covid-19 (April-June 2021). H...
- EPFO board to meet on Nov 20; investment options likely to be discussedThe finance, investment and audit committee of EPFO is expected to meet before the CBT meeting to take stock of the investments of EPFO til...
- EPFO added 10.11 lakh subscribers in November 2020Age-wise analysis of the data indicates those in the 22-25 year age bracket has registered highest growth in subscriber base with around 2....
- EPFO dismisses reports about fall in number of subscribers, contributing firms in OctoberThe EPFO has emphasised that the dataset published regarding contributory members and establishments does not match with the official data ...
- EPS pensioners can submit their life certificate any time during the yearRemember this decision of EPFO is applicable to only those pensioners who are covered under the Employees' Pension Scheme, 1995, i.e. non-g...
- 7.32 lakh jobs created in November; 73.50 lakh in last 15 months: EPFO payroll dataAround 73.50 lakh new subscribers were added to social security schemes of the EPFO from September 2017 to November 2018, the data showed.
- EPFO settles over 76 lakh claims during Apr-NovRetirement fund body EPFO has settled over 76 lakh claims till November in this fiscal, of which more than 40 per cent were settled within ...
- EPFO settles 10 lakh PF claims in NovemberRetirement fund body EPFO has settled 10 lakh claims, including withdrawal and transfer of provident fund, in the month of November.
- Resolve members' grievance within fortnight, EPFO to Field OfficesEPFO has reduced stipulated time limit for resolving its subscribers' grievances to 15 days from existing 30 days.
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