EPFO accounts

Over 8 crore EPFO accounts have no birth date, 11 crore missing father’s name  The government today said there are over 8.38 crore EPFO accounts which do not have date of birth of subscriber and in 11.07 crore accounts, father’s name of the members is missing. “There are certain accounts where details of the (EPFO) …

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EPFO – Online Claims

EPFO makes online claims must for PF withdrawals above Rs 10 lakh NEW DELHI: Retirement fund body EPFO has made it mandatory to file online claims for provident fund withdrawals above Rs 10 lakh, taking another step towards becoming a paperless organisation. The Employees Provident Fund Organisation (EPFO) has also made it mandatory to file online claims for withdrawals of above …

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EPFO accounts to attract lower interest rate of 8.55% for 2017-18

Retirement fund body EPFO on Wednesday 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. “It is difficult to evaluate about future in view of present economic scenario. We paid 8.65 per cent last fiscal, which …

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EPFO launches online PF transfer facility for PF trusts

  Provident fund accounts with privately held PF trusts can now be transferred online to accounts maintained by the retirement fund body EPFO.  At present, workers are required to file PF transfer claims on changing jobs to consolidate their PF accounts and benefits under the Employees’ Pension Scheme 1995 run by the Employees’ Provident Fund Organization …

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