The Employees' Provident Fund Organization (EPFO) has released provisional payroll data for December 2024, revealing a net ...

The data showed that EPFO enrolled around 8.47 lakh new subscribers in December 2024. The new subscribers' addition shows ...

This surge in new subscribers can be attributed to growing employment opportunities, increased awareness of employee benefits ...

The EPFO data is considered crucial as it reflects the state of the formal labour market. Only the formal workforce enjoys ...

The UAN activation and linking of bank accounts with Aadhaar is necessary to avail of benefits under the EPFO's ELI Scheme.

In December 2024, the EPFO reported a net addition of 16.05 lakh members, marking a 9.69% increase from November. A significant portion of new members, 57.29%, belong to the 18-25 age group, ...

The government plans to ease EPF withdrawal through UPI, addressing claim rejections faced by employees. The feature may ...

Union Labour Ministry working on universal pension scheme for all working age population, aiming to enhance post-retirement ...

The UAN activation and linking of bank account with Aadhaar is necessary to avail of benefits under the EPFO's ...

The EPFO is expected to maintain the provident fund interest rate for 2024-25 near the previous year's 8.25% as the central ...

EPFO raised the interest rate to 8.25% for FY24, the highest in three years. In FY23, it was 8.15%, up from 8.10% in FY22.