Tag: epfo
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…
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…
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…
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…
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…
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…
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,…
Contours of three jobs schemes being finalised
New Delhi: The Ministry of Labour and Employment is finalising three employment-linked incentive schemes announced in the budget before forwarding them to the expenditure finance…
EPFO adds 6.2 crore members in 6 years: report
The EPFO has added about 6.2 crore members in the last 6 years, government officials told ANI. About 19 lakh new registrations were recorded in…
Pension cannot be linked to inflation: MoS Shobha Karandlaje
The monthly pension of workers under the Employees’ Pension Scheme (EPS) of the Employees’ Provident Fund Organisation cannot be linked to inflation, Shobha Karandlaje, union…