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EPFO


Subscriber base of EPFO increased by 20 lakh during the first five months of FY 2020-21

The provisional payroll data published by EPFO on 20th October 2020 reveals that the subscriber base of EPFO increased by around 20 lakh during the first five months of FY21. Covid-19 pandemic and subsequent lockdown across the country had adversely affected the enrolments during the first quarter of the current financial year. However, the provisional payroll figures for the month of July and August 2020 are indicative of the slow dissipation of the negative impact of the COVID-19 pandemic o..

Posted in news |   298 Views


More than 8 lakh net subscribers added during first quarter of FY 21 as per EPFO payroll data

The provisional payroll data published by EPFO on 20th August 2020 reveals that the subscriber base of EPFO increased by around 8.47 lakh members during the first quarter of FY21. The COVID-19 pandemic outbreak had adversely affected the enrolments in the month of April and May 2020. Despite the lockdown, around 0.20 lakh and 1.72 lakh net new subscribers were added to social security schemes of EPFO in the month of April and May 2020.The month of June has seen speedy recovery with addition o..

Posted in news |   321 Views


EPFO Pensioners to Get Enhanced Pension

EPFO released  Rs  868 crore pension along with Rs 105 crore arrear on account of restoration of commuted value of pension. On the recommendation of Central Board of Trustees (EPFO), the Government of India accepted one of the long standing demands of workers to allow restoration of commuted value of pension after 15 years. Earlier there was no provision for restoration of commuted pension and the pensioners continued to receive reduced pension on account of commutation ..

Posted in news |   732 Views


EPFO notifies reduction in EPF subscription rate to 10%

Lower rate of EPF subscription 10% with EPFO notified placing higher liquidity in the hands of employees and employers during COVID -19 pandemic Government Sector, their PSEs and establishment whose subscription is being borne by Union Government under PMGKY continue to have subscription at old rates of 12% Lower rates to be applicable for salary months of May, June and July 2020 Various measures have been announced from time to time to provide relief to the employers and employees of the establishments covered under the EPF & MP Act, 1952 distr..

Posted in news |   4 comments |   1544 Views


How to file EPFO online advance claims

EPFO advance can now be claimed online on the EPFO Portal. An employee should have his UAN activated to avail such services on the EPFO Portal...

Posted in articles |   524 Views


EPFO makes filing of ECR easier for business

In the current scenario of lockdown announced by the Govt. to control the spread of COVID-19 pandemic and other disruptions, the businesses and enterprises are not able to function normally and are facing liquidity / cash crunch to pay their statutory dues even though they are retaining the employees on their rolls. Keeping in view the above situation and to further ease the compliance procedure under EPF & MP Act, 1952, the filing of monthly Electronic-Challan cum Return (ECR) is separated from Payment of the statutory contributions reported in the ECR. The ECR can ..

Posted in news |   1 comments |   601 Views


COVID-19: EPFO settles 3.31 lakh PF withdrawal claims in 15 days

As Part of PMGKY Package EPFO Settles 3.31 Lakh COVID-19 Claims in 15 Days In the view of the outbreak of COVID-19, the government of India to provide financial assistance to people allowed PF Withdrawal by passing a special resolution in the EPFO Scheme. The government claims that 3.31 lakhs PF Withdrawal claims have been settled in less than 15 days worth Rs 950 crores. Services like PF Withdrawal, checking PF Balance, ..

Posted in news |   472 Views


UAN What is UAN? How to activate UAN? UAN Login, Check UAN Status

UAN is 12-digit number provided to each member of EPFO. The UAN acts as an umbrella for the multiple Member IDs allotted to an individual. This number acts as a pivot to link multiple Member Identification Numbers (Member Id) allotted to a single member under single Universal Account Number...

Posted in articles |   378 Views


EPFO puts in place online Mechanism to credit EPF and EPS Accounts

EPFO puts in place Online Mechanism to credit EPF and EPS Accounts of Subscribers as per PM Gareeb Kalyan Yojna Around 79 Lakh Subscribers and approximately 3.8 Lakh Establishments to Benefit Subsidy outgo estimated at Rs 4800 Crore for 3 months Employees Provident Fund Organization (EPFO), a statutory body under Union Ministry of Labour and Employment, has put in place an electronic mechanism for crediting EPF and EPS accounts of its subscribers as per the package announced by the Union G..

Posted in news |   593 Views


EPFO Issues Revised Instructions to Facilitate PF Members to Rectify their Birth Records

In a move to extend the availability and reach of online services in the wake of the COVID-19 pandemic, EPFO has issued revised instructions to its field offices to facilitate PF members to rectify their date of birth in EPFO records, thus ensuring that their UAN is KYC compliant. The date of birth recorded in 'Aadhaar' will now be accepted as valid proof of date of birth for the purpose of rectification, provided that the difference in the two dates is less than 3 years. The PF subscribers can submit the correction requests online. This will enable EPFO to valid..

Posted in news |   672 Views


EPFO Login : Guide on how to login to EPFO Portal

Know how to login to the EPFO Portal. You can avail various services on the EPFO Portal, epfo member login and check your PF Balance online, withdraw PF Balance, and transfer PF online ..

Posted in articles |   1 comments |   1364 Views


EPFO directs timely credit of monthly pension to avoid inconvenience due to COVID-19

EPFO is disbursing monthly pension to more than 65 Lakh pensioners every month under the Employees’ Pension Scheme, 1995. Due to the coronavirus pandemic, lock down has been declared in various parts of the country.  In order to ensure that no inconvenience is caused to the pensioners on account of the prevalent situation, Central Provident Fund Commissioner has directed the field offices of EPFO to generate and reconcile pensioners’ details and pension amount statements for the current month by 25th M..

Posted in news |   180 Views




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