Revolutionizing Pension Disbursement: The Centralized Pension Payments System (CPPS) for EPS 1995 Pensioners Introduction The Employees’ Pension Scheme (EPS) 1995, administered by the Employees’ Provident Fund Organisation (EPFO), has long been a cornerstone of financial security for millions of retirees in India. However, the existing pension disbursement system, which is largely decentralized, has posed several… Read more »

Streamlining Employee Record Updates: The New Joint Declaration Filing Feature Under EPFO The Employees’ Provident Fund Organisation (EPFO) has introduced a new feature to simplify the process of updating employee details. The “Joint Declaration Filing” option is now available online, allowing employers to submit joint declaration forms electronically. This significant enhancement aims to streamline the… Read more »

Nidhi Aapke Nikat 2.0: Empowering Clients with Direct Access to EPFO Services The Employees’ Provident Fund Organisation (EPFO) is thrilled to announce the launch of “Nidhi Aapke Nikat 2.0” camps, scheduled to take place on 27th June 2024. This initiative is a testament to EPFO’s commitment to bringing essential services and support directly to its… Read more »

Introduction: In a significant development for millions of subscribers of the Employees’ Provident Fund Organization (EPFO), the Central Board of Trustees (CBT) has recommended an annual interest rate of 8.25% to be credited on EPF accumulations for the financial year 2023-24. This decision, made during the 235th CBT meeting held on February 10, 2024, marks… Read more »

The government has approved an 8.5% rate of interest on employees’ provident fund for 2020-21 fiscal,. Just ahead of Diwali, this is good news for over five crore subscribers of the Employees Provident Fund Organisation (EPFO). The 8.5% rate of interest on provident fund deposits for the last financial year was decided by the EPFO’s… Read more »

Dear all, As we all are aware that as EPF withdrawal is now online and in major cases Pan is not getting verified as Now NSDL has intiated a online process where in we can do the changes online  Everyone has experienced a typo in their ID cards or other documents and most of us… Read more »

Aadhaar Seeding Application launched by Shri Bandaru Dattatreya  Minimum assured amount on death in service and loyalty cum life benefit to EDLI members on superannuation recommended to Government The Central Board (EPF) under the chairmanship of Union Minster of State for Labour and Employment (Independent Charge) Shri Bandaru Dattatreya held its 217th special meeting in… Read more »

Assessment of EPF dues solely on the basis of balance sheet without identification of beneficiaries is not sustainable An appeal was filed by the appellant before the Employees’ Provident Fund Appellate Tribunal, challenging the order dated 23.09.2011, passed by the EPF Authority, under section 7-A of the Act. Brief Facts: Dues were assessed on the… Read more »