If you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 7...

The Employees' Provident Fund Organization (EPFO) has announced an advance payment of the Productivity Linked Bonus (PLB) for eligible empl...

According to an EPFO circular dated June 12, since Covid is no longer a pandemic, the competent authority has decided to discontinue the sa...

During the Covid-19 pandemic, a non-refundable advance was provided to the EPF members during the outbreak of first wave of Covid-19 and an...

Dearness allowance hike: The EPFO has opted to keep in "abeyance" the retirement and death gratuity increase for workers, which is a blow t...

Pensioners under the Employees' Pension Scheme 1995 (EPS-95) demonstrated at 110 offices of the Employees' Provident Fund Organisation (EPF...

According to the official, the options being considered include linking it to the consumer price index or dearness allowance or the median ...

EPF scheme member can withdraw the money from the EPF scheme for various reasons like marriage, buying a house etc. However, to make these ...

"During the second wave of Covid-19 pandemic, ‘mucormycosis’ or black fungus has been declared an epidemic recently. In such trying times, ...

Government had notified the special withdrawal provision from the EPF Scheme on March 28 to tide over the COVID-19 pandemic as part of the ...

The decision is taken in view of lockdown across the country to fight COVID-19. The COVID-19 has been declared pandemic and therefore emplo...

Every employee in the organised sector contributes 12% of basic salary and dearness allowance to EPF. The employer makes a matching contrib...

Elaborating further, the minister said, "The value of benefits cannot be left open-ended by linking it (pension) with inflation which is va...

Employers often split wages into different allowances to reduce their PF liability and also increase the take home pay of their workers.

Employees' Provident Fund Organisation (EPFO) has been allowing members to contribute more than mandatory amount towards their pension acco...

EPFO has directed to ensure that BOT invest PF amounts in accordance with that investment pattern and within the stipulated time frame.

All that would happen is that the employee’s take-home salary would come down drastically, she would get to spend less, and get to save les...