Provident Fund

EPFO defers Aadhaar seeding with UANs for Northeast, certain industries till Dec 31

Move to give more time to employers to link their employees Aadhaar numbers with PF accounts or UAN in the northeastern states and certain industries having less penetration of Aadhaar in UANs.

published on : 13th September 2021

Three-judge Supreme Court bench to hear EPFO pleas

Earlier, Kerala High Court and Supreme Court had pronounced their verdicts in favour of the pensioners.

published on : 25th August 2021

12.83 lakh new enrolments in EPFO in June

The net addition of female members at 2.56 lakh saw an increase of around 0.79 lakh from the number of new additions in this category during the previous month.

published on : 21st August 2021

Labour codes on cards: Companies' PF liability to go up, workers to see reduction in take-home pay

The labour ministry had envisaged implementing the four codes on industrial relations, wages, social security and occupational health safety & working conditions from April 1, 2021.

published on : 6th June 2021

Withdrawal in advance from Provident Fund approved

The move will be implemented as a part of the Pradhan Mantri Garib Kalyan Yojana, a Covid-19 assitance package which was introduced in last March last year.

published on : 1st June 2021

Centre extends benefits under provident fund, state insurance plans

The measure will play a key role in addressing the concerns of families of those workers who have died due to COVID-19 and also help them tackle financial troubles.

published on : 31st May 2021

Government raises provident fund threshold limit to Rs 5 lakh for earning tax-free interest

This would be applicable to those cases where no contribution is made by employers to the retirement fund.

published on : 23rd March 2021

Govt raises provident fund threshold limit to Rs 5 lakh for earning tax-free interest

Finance Minister Nirmala Sitharaman stressed that tax on interest on provident fund contribution affects only 1 per cent of the contributors.

published on : 23rd March 2021

EPFO suspends Aadhaar-seeding services through Common Service Centre; says no data leakage

Services pertaining to Aadhaar-seeding with PF accounts done by Common Service Centre (CSC) have been suspended "pending vulnerability checks".

published on : 2nd May 2018

Government proposes permitting premature closure of Public Provident Fund account

The government proposes to allow premature closure of Public Provident Fund accounts and permit opening of small savings accounts in the name of minor, the finance ministry said today.

published on : 13th February 2018

Aadhaar seeding to eliminate multiple Provident Fund accounts

The Employees Provident Fund Organisation said it will be able to eliminate multiple account numbers of an individual once the process of seeding Aadhaar is complete.

published on : 19th January 2018

Invest for returns, not to save tax

Investing is a habit that needs to be developed and the motive should be to generate capital appreciation; the scramble at the end of the financial year to save on tax is to be avoided

published on : 8th January 2018

Aadhaar now a must for post office deposits, Public Provident Fund, Kisan Vikas Patra

The government has given existing depositors time till December 31 to provide the 12-digit unique identification number.

published on : 6th October 2017