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EPFO 3.0 may allow ATM withdrawal of PF, scrap 12% contribution limit: Report

The Employee Provident Fund Organisation (EPFO) will revamp and introduce multiple policies for the EPFO 3.0 version.

However, discussions regarding all of the new features and policy changes for EPFO 3.0 are currently at the very initial stages.(HT Photo)
Updated on Dec 04, 2024 01:43 PM IST

EPFO board pitches amnesty plan for PF payment violations

According to official data, total investments by the retirement fund body into the ETFs crossed ₹2.3 lakh crore by March 2024, which is 9.49% of its total investible corpus.

Union minister of youth affairs & sports and labour & employment Mansukh Mandaviya. (mansukhmandviya- X)
Updated on Dec 01, 2024 05:30 AM IST
By, New Delhi

These EPFO subscribers exempted from Aadhaar seeding for claim settlement

Typically, EPFO subscribers should seed their UAN (Universal Account Number) to Aadhaar for claim settlement.

FILE Photo: Employees provident fund organisation head office , EPFO office.
Published on Nov 30, 2024 05:02 PM IST
By, New Delhi

EPFO reports highest monthly payroll additions in July 2024

EPFO reported a record monthly payroll addition of 19.94 lakh in July 2024, showcasing the impact of government initiatives on job creation.

The EPFO data indicates that of the new additions, 10.52 lakh are first-time employees, marking a 2.66 per cent increase over June 2024 and a 2.43 per cent rise compared to July 2023.
Published on Sep 23, 2024 02:07 PM IST
ANI |

Govt may raise EPFO wage ceiling to 21,000, retire with 1 crore: Report

The current wage ceiling of ₹15,000 (Which used to be ₹6,500 in 2014) for employees’ contribution may get raised for investing more into the EPFO corpus

Both the employee and the employer contribute 12% of the employee's salary each if the employee earns <span class='webrupee'>₹</span>15,000 or less each month currently.(HT Photo)
Updated on Sep 21, 2024 04:20 PM IST
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