Of an employer’s total contribution towards PF, 8.33% goes towards EPFO’s employees’ pension scheme and 3.67% goes towards PF every month ...

Contributions made to the EPF are eligible for deductions under Section 80C of the Income Tax Act, providing substantial tax ...

Additionally, the Employees’ Provident Fund Organization (EPFO) Payroll data, which also gives an idea of the level of employment in the formal sector, revealed that over 1.3 crore net subscribers ...

The EPF allows tax savings and decent returns, but claim rejections remain high. As of November 26, 2024, the rejection and ...

Additionally, the EPFO is also working to revamp its IT infrastructure for more seamless and efficient services to ...

As part of the mega revamp in the Employees' Provident Fund Organisation (EPFO) 3.0 version, the Centre is planning to ...

The discussion about removing the 12 per cent cap and letting employees contribute as they desire is still in the very ...

The total amount in the investment corpus of the EPFO stood at Rs 21.3 lakh crore in 2022-23, up from Rs 18.3 lakh crore in ...

The labour ministry is considering to revamp Employees' Pension Scheme 1995 (EPS-95) by allowing more contribution by members for higher retirement benefit, a top source said. Presently, the entire ...

India's Labour Ministry is exploring options to allow higher contributions to the Employees' Pension Scheme (EPS-95) for ...

"EPFO data was used to make claims on record job growth - though in reality the data measures EPFO enrolment alone," he said.