Tag: epfo

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Posted in Economy

Union Cabinet likely to approve ELI schemes after Jharkhand and Maharashtra elections

New Delhi: The Union Cabinet is likely to take up the approval of the employment-linked incentive (ELI) schemes after the assembly elections in Jharkhand and…

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EPFO Board will meet on November 23 to approve Central Pension Payment System
Posted in Economy

EPFO Board will meet on November 23 to approve Central Pension Payment System

The central board of trustees of the Employees’ Provident Fund Organisation (EPFO) will hold its first meeting of the current financial year on November 23…

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EPF pension alert: Diwali cheer for EPS pensioners as EPFO will release pension early in October
Posted in Finance

EPF pension alert: Diwali cheer for EPS pensioners as EPFO will release pension early in October

The Employees’ Provident Fund Organization (EPFO) has announced that the pensioners covered under the Employee’s Pension Scheme (EPS), which is overseen by the EPFO will…

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Inside Image (1).
Posted in Economy

voluntary provident fund: More savings in the offing: VPF limit for tax-free interest may be hiked

NEW DELHI: The government could raise the ceiling on contributions with taxfree interest to the voluntary provident fund (VPF) under the Employees’ Provident Fund Organisation…

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EPFO announces Productivity Linked Bonus for eligible employees; check who can take advance on PLB
Posted in Finance

EPFO announces Productivity Linked Bonus for eligible employees; check who can take advance on PLB

The Employees’ Provident Fund Organization (EPFO) has announced an advance payment of the Productivity Linked Bonus (PLB) for eligible employees for the year 2023-24. Advance…

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The EPFO data indicates that of the new additions, 10.52 lakh are first-time employees, marking a 2.66 per cent increase over June 2024 and a 2.43 per cent rise compared to July 2023.
Posted in Business

EPFO reports highest monthly payroll additions in July 2024

The Employees’ Provident Fund Organisation (EPFO) has reported its highest-ever monthly payroll addition in July 2024, with a 19.94 lakh members joining the ranks. The…

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Growfast
Posted in Economy

epfo new members: EPFO logs 20 lakh net new members in July

Retirement fund body EPFO recorded a net addition of 19.94 lakh members in July this year, the Labour Ministry said on Monday. Union Labour Minister…

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Growfast
Posted in Economy

Labour ministry to move Cabinet note on ELI schemes, says Union Minister Mandaviya

NEW DELHI: Labour and employment minister Mansukh Mandaviya on Tuesday said his ministry will soon move a Cabinet note on the employment-linked incentive (ELI) scheme…

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Pension: Employees’ Pension Scheme subscribers could withdraw pension from any bank across India from January 1, 2025
Posted in Economy

Pension: Employees’ Pension Scheme subscribers could withdraw pension from any bank across India from January 1, 2025

Labour and employment minister Mansukh Mandaviya on Wednesday approved the centralized pension payment system (CPPS) under the Employees’ Pension Scheme, 1995, allowing 7.8 million EPS…

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1.92 million formal jobs created under EPFO in June: Payroll Data
Posted in Economy

1.92 million formal jobs created under EPFO in June: Payroll Data

Net formal job creation under the Employees’ Provident Fund Organisation (EPFO) stood at 1.92 million in June 2024 on the back of increased employment opportunities,…

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