Tag: Employees

eps scheme: Govt says 1,20,279 EPFO subscribers applied to opt for higher pension under EPS scheme till March 9
Posted in Economy

eps scheme: Govt says 1,20,279 EPFO subscribers applied to opt for higher pension under EPS scheme till March 9

As many as 1,20,279 persons have applied online to opt for higher pension under Employees’ Pension Scheme 1995 (EPS-95) till March 9, 2023, Parliament was…

Continue Reading
Inside Image (1).
Posted in Economy

epfo: EPF rate likely to stay at around 8%

The central board of trustees of the Employees’ Provident Fund Organisation will meet on March 25-26 to decide on the interest rates on provident fund…

Continue Reading
Union Budget 2023: Are you richer or poorer? Here's the bottomline
Posted in Finance

EPFO clause makes opting for higher pension nearly impossible

(This story originally appeared in on Mar 04, 2023) NEW DELHI: Employees’ Provident Fund Organisation (EPFO) has activated its unified portal for subscribers to sign…

Continue Reading
Union Budget 2023: Are you richer or poorer? Here's the bottomline
Posted in Economy

EPFO clause makes opting for higher pension nearly impossible

(This story originally appeared in on Mar 04, 2023) NEW DELHI: Employees’ Provident Fund Organisation (EPFO) has activated its unified portal for subscribers to sign…

Continue Reading
How to apply for EPF higher pension on the portal? Check here
Posted in Business

How to apply for EPF higher pension on the portal? Check here

The Employees Provident Fund Organisation (EPFO) has introduced a new set of guidelines, under which subscribers and employers can jointly apply for higher pension under…

Continue Reading
EPS 95 Pension: How will employees opting for higher EPS 95 pension compensate for lower contributions earlier?
Posted in Finance

EPS 95 Pension: How will employees opting for higher EPS 95 pension compensate for lower contributions earlier?

After the Supreme Court’s decision on November 4 last year to allow higher pension to eligible employees under the Employees’ Pension Scheme, 1995, (EPS 95)…

Continue Reading
eps pension: March 3, 2023, is last date to opt for higher pension from EPS but EPFO yet to issue circular
Posted in Finance

eps pension: March 3, 2023, is last date to opt for higher pension from EPS but EPFO yet to issue circular

The last date for eligible employees to apply for higher pension from the Employees’ Pension Scheme (EPS) is fast approaching. But there is still no…

Continue Reading
EPFO update: What happens to EPF account's interest if employer fails to deposit contribution
Posted in Finance

EPFO update: What happens to EPF account’s interest if employer fails to deposit contribution

To avoid paying penalties and interest, employers must make sure Employee Provident Fund (EPF) contributions are made on time. According to a ruling made by…

Continue Reading
Inside Image (1).
Posted in Finance

Who are the eligible nominees under EPF, EPS and EDLI

With regards to Employees’ Provident Fund (EPF), EPS and Employees’ Deposit-Linked Insurance (EDLI) accounts, nominees get their part of PF accumulations/EDLI and pension payments in…

Continue Reading
EPFO: EDLI insurance claims: EPFO clarifies on assurance benefits payable to Employees' Deposit Linked Insurance Scheme beneficiaries
Posted in Finance

EPFO: EDLI insurance claims: EPFO clarifies on assurance benefits payable to Employees’ Deposit Linked Insurance Scheme beneficiaries

In October 2022, the Employees’ Provident Fund Organization (EPFO) had issued a clarification on the insurance claims under EDLI. It had stated that it has…

Continue Reading