Category: PF and Pension

EPFO notifies the increased PF Interest Rate of 8.15% applicable for the financial year (FY) 2022-23, as approved by the GOI, as against the rate of 8.1% notified for …

The EPFO now offers an e-passbook for members to view their EPF account details in graphical representations. Accessible online for greater convenience.

PF members have complained to EPFO about excessive delays and harassment in providing statutory services. Their PF claim settlement applications are repeatedly returned by field offices for irregularities like …

EPFO Clarifies that final PF withdrawal in the case of International Workers (IWs)/ Expats from non SSA Countries is allowed only after retirement from service or attaining the age …

PFRDA has modified the norms applicable for exit from National Pension Scheme (NPS) to enhance/ increase the lumpsum withdrawal limit under the NPS, i.e. for premature exit, normal exit …

EPFO has provided relief to employers from levy of penal damages for any delay in deposit of PF contribution(s)/ administrative charges due for the period during Lockdown (COVID-19). No …

Govt. has amended the ESIC Rules and has notified revised/ reduced ESI Contribution rates w.e.f. 01/07/2019 (i.e. during Financial Year 2019-20). New rate of Employer’s ESI contribution is 3.25% …

PF Admin charges have been further reduced from 0.65% to to 0.5% applicable w.e.f. 1 June 2018, subject to a minimum of Rs. 500/ Rs. 75 in the case …

TDS on PF withdrawals u/s 192 of Income Tax has been introduced to discourage pre-mature withdrawal, promote long term savings and to ensure taxability of such withdrawals in certain …

As per News Reports, the Central Board of Trustees (CBT) of EPFO has recommended in its meeting dt. 21 Feb. 2018 to reduce Administrative Charges from 0.65% to 0.50% of …