Wed, Nov 20, 2024
EPFO assigns each member a 12-digit number known as the UAN (universal account number). Even if an employee changes employers, his or her UAN remains the same.
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Fri, Oct 04, 2024
EPF provides retirement benefits to employees on their retirement in the form of a pension. It also provides insurance benefits.
Fri, Aug 23, 2024
To get Rs 4 crore on retirement, one needs to contribute Rs 11,200 per month for 40 years. On maturity, you will get a total of Rs 4,02,59,738.7 at current interest rate of 8.25 per cent.
Sat, Mar 12, 2022
Retirement fund body EPFO on Saturday decided to lower the interest on provident fund deposits for 2021-22 to an over four-decade low of 8.1 per cent for its about five crore subscribers, from 8.5 per cent provided in 2020-21, sources said.
Sun, Feb 13, 2022
EPFO's apex decision-making body Central Board of Trustee will take a call on interest rate on employees' provident fund deposits for 2021-22 in its meeting next month.
Fri, Oct 29, 2021
The government has approved 8.5 per cent rate of interest on employees' provident fund for the 2020-21 fiscal, a source said.
Wed, Feb 17, 2021
The Employees' Provident Fund Organisation (EPFO) is likely to take up the proposal to announce rate of interest for 2020-21 at its Central Board of Trustees (CBT) meeting scheduled on March 4.
Wed, Sep 09, 2020
In a major development, Employees' Provident Fund Organisation (EPFO) in a meeting held on Wednesday has taken a big decision pertaining to provident fund.
Thu, Feb 21, 2019
BREAKING LIVE: EPFO has hiked interest rate on employees' provident fund to 8.65% from 8.55% for the 2018-19 fiscal year.
Wed, Jan 02, 2019
If an interest rate hike is on table ahead, then this will be beneficial to some 60 million employees - the EPFO manages retirement savings of up to Rs 11 trillion.
Thu, Feb 22, 2018
Retirement fund body EPFO has lowered the rate of interest on employees provident fund to 8.55 per cent for its over 6-crore subscribers for 2017-18, from 8.65 per cent in the previous fiscal.
Mon, Apr 24, 2017
EPFO, apart from being tax-free upto Rs 1,50,000 each year, provides interest rates that is usually higher than the prevailing market rates for instruments like fixed deposits.
Wed, Apr 19, 2017
EPF and tax-saving fixed deposits both earn a tax break of up to Rs 1.5 lakh under Section 80C of the Income Tax Act.
Thu, Apr 13, 2017
Labour Minister Bandaru Dattatreya said on Thursday that EPFO has decided to provide 8.65% interest rate on provident fund (PF) deposits for the financial year 2016-17 (FY17).
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