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Delhi High Court upholds provident fund rules for international workers

A bench of Chief Justice DK Upadhyay and Justice Tushar Rao Gedela delivered the verdict in the case filed by SpiceJet and LG Electronics India

Delhi High Court upholds provident fund rules for international workers
Updated On : 05 Nov 2025 | 2:19 PM IST

EPFO launches revamped ECR to streamline return filing by employers

Among other things, the revamped facility provides for the segregation of the return submission process from the payment generation process

EPFO launches revamped ECR to streamline return filing by employers
Updated On : 28 Sep 2025 | 4:55 PM IST

EPFO adds 2.1 mn members in July 2025, youth account for 61% of growth

Retirement fund body EPFO added 21.04 lakh net members during July 2025, registering an increase of 5.55 per cent year-on-year, according to the latest payroll data released on Tuesday. The Employees' Provident Fund Organization (EPFO) enrolled around 9.79 lakh new subscribers in July 2025, mainly on account of growing employment opportunities, increasing awareness of employee benefits, and EPFO's successful outreach programs, a labour ministry statement said. The year-on-year analysis reveals a growth of 5.55 per cent in net payroll additions compared to July 2024, signifying increased employment opportunities and heightened awareness of employee benefits, bolstered by EPFO's effective outreach initiatives, the statement added. EPFO added 5.98 lakh new subscribers in the 18-25 age group, constituting a significant 61.06 per cent of the total new subscribers added in July 2025. Further, the net payroll addition for the 18-25 age group for July 2025 was approximately 9.13 lakh, ...

EPFO adds 2.1 mn members in July 2025, youth account for 61% of growth
Updated On : 23 Sep 2025 | 2:52 PM IST

Fresh formal hiring up 2% in March after three-month decline: EPFO data

EPFO saw a 2% rise in new subscribers in March, ending a 3-month decline. The 18-25 age group made up 59% of additions, signalling labour market resilience

Fresh formal hiring up 2% in March after three-month decline: EPFO data
Updated On : 22 May 2025 | 12:19 AM IST

EPFO, ESIC subscribers may soon use claim money via e-wallets: Labour secy

Subscribers of retirement fund body EPFO and Employees' State Insurance Corporation may soon be able to use the claim settlement amounts through e-wallets, a top official said on Wednesday. Replying to a question on EPF withdrawal from ATMs, Secretary in the Ministry of Labour and Employment Sumita Dawra told PTI, "This is an area of great interest for the insured person, for a contributor. How can I withdraw my money more easily." In cases of auto settlement... the money goes to the bank account and they in any case are able to withdraw it from the bank account, from any ATM presently, Dawra said. "Now you are talking about how the claim can go directly to probably a wallet or, we'll have to work out some mechanism. So there we have started talks with bankers and also we are going to have a plan in place on how we can do this practically," she said, while speaking on the sidelines of a tourism summit here. "We are reaching out to them (Reserve Bank of India) and we'll have a plan

EPFO, ESIC subscribers may soon use claim money via e-wallets: Labour secy
Updated On : 18 Dec 2024 | 5:59 PM IST

EPFO subscribers may get services at par with banking, including ATM access

Subscribers of the retirement fund body EPFO may soon be able to get services at par with banking system and use ATMs to withdraw their claim amount, a top official said on Friday. Union Labour Secretary Sumita Dawra told PTI that focus right now in EPFO (Employees' Provident Fund Organisation) is to improve the IT infrastructure. "While improvements are being seen in last few months, in January 2025 we will see more improvement coming in as a result of hardware upgradation," she said. The secretary said that the efforts are being made to bring systemic reforms that make processes easier and efficient. "As part of this modernisation drive, we also aim to compare EPFO systems with the banking systems in India that are in place and are working well. For ease of living, bringing more transparency and ease of claims is also part of the plan," she said. Under the new system, claimants, beneficiaries or insured individuals will be able to access their claim amounts through ATMs. A maxi

EPFO subscribers may get services at par with banking, including ATM access
Updated On : 13 Dec 2024 | 5:39 PM IST

EPFO 3.0 coming soon? Flexible savings, ATM PF withdrawals in the pipeline

In its updated version, the EPFO will allow employees to contribute amounts exceeding the prescribed limit at any time, offering greater financial flexibility to subscribers

EPFO 3.0 coming soon? Flexible savings, ATM PF withdrawals in the pipeline
Updated On : 29 Nov 2024 | 1:54 PM IST

EPFO board to meet on November 23 to approve central pension payment system

The board, which is chaired by the labour minister, is also expected to approve the EPFO's account statement and Annual Report 2023-24 during the meeting

EPFO board to meet on November 23 to approve central pension payment system
Updated On : 31 Oct 2024 | 11:40 AM IST

EPFO mulls reinvesting 50% of ETF redemption proceeds in equity market

The move aims to enhance its equity exposure and earn higher returns for nearly 65 million subscribers

EPFO mulls reinvesting 50% of ETF redemption proceeds in equity market
Updated On : 07 Feb 2024 | 11:18 PM IST

EPFO to run drive from December to recover dues from defaulting subscribers

With over 60 million subscribers and managing a corpus exceeding Rs 12 lakh crore, the EPFO provides its beneficiaries provident funds, pension, and insurance benefits through three schemes

EPFO to run drive from December to recover dues from defaulting subscribers
Updated On : 13 Nov 2023 | 10:25 AM IST

Govt ratifies 8.15% interest rate on Employees Provident Fund for 2022-23

The government has ratified the rate of interest at 8.15 per cent rate on deposits under the Employees Provident Fund scheme for the financial year 2022-23. Retirement fund body EPFO on March 28, 2023, had marginally raised the interest rate on employees' provident fund (EPF) deposits to 8.15 per cent for 2022-23 for its over six crore subscribers. As per an official order issued on Monday, the EPFO has asked the filed offices for crediting the interest at 8.15 per cent on EPF for 2022-23 into the accounts of members. The order came after the finance ministry's concurrence to the EPF rate of interest approved by EPFO trustees earlier in March this year. Now the EPFO field offices will start the process of crediting the internet into subscribers' accounts. In March 2022, Employees' Provident Fund Organisation (EPFO) had reduced the interest rate on EPF deposits for 2021-22 to a four-decade low of 8.10 per cent from 8.5 per cent in 2020-21. This was the lowest since 1977-78, when t

Govt ratifies 8.15% interest rate on Employees Provident Fund for 2022-23
Updated On : 27 Jul 2023 | 5:29 PM IST

Uptick in PF enrolment, 1.38 cr net users joined EPFO scheme in 2021-22

The latest EPFO payroll figures from the past five years (2017-22) indicate that Maharashtra, Karnataka, Tamil Nadu, Gujarat, and Haryana have contributed significantly to the overall net EPFO

Uptick in PF enrolment, 1.38 cr net users joined EPFO scheme in 2021-22
Updated On : 27 Apr 2023 | 11:40 PM IST

'Not found': EPFO's e-passbook service is still down for some users

EPFO answered users on Twitter with a message, "Dear member, we regret the inconvenience. The concerned group is investigating the matter"

'Not found': EPFO's e-passbook service is still down for some users
Updated On : 26 Apr 2023 | 2:39 PM IST

New formal job creation in February at 21-month low, shows EPFO data

This is the lowest number of new subscribers joining the EPF, since May 2021, when only 649,618 new subscribers had subscribed to the fund

New formal job creation in February at 21-month low, shows EPFO data
Updated On : 20 Apr 2023 | 11:21 PM IST

EPFO adds 1.6 mn net subscribers in November 2022: Labour Ministry

Retirement fund body EPFO added 16.26 lakh subscribers on a net basis in November 2022, which is 16.5 per cent higher compared to a year ago, the labour ministry said on Friday. The provisional payroll data of Employees' Provident Fund Organisation (EPFO) released on Friday by the ministry highlighted that the EPFO has added 16.26 lakh net members in the month of November 2022. The data indicate a 25.67 per cent increase in net additions compared to the previous month in October 2022, a labour ministry statement said. Of the total 16.26 lakh members added during the month, around 8.99 lakh new members came under the ambit of EPFO for the first time thus, showing that new members joining EPFO has increased by 1.71 lakh, from 7.28 lakh in October 2022. Among the new members, the highest enrolment is registered in the age-group of 18-21 years with 2.77 lakh members, followed by age-group of 22-25 years with 2.32 lakh members. The age group of 18-25 years constitutes 56.60 per cent of

EPFO adds 1.6 mn net subscribers in November 2022: Labour Ministry
Updated On : 20 Jan 2023 | 7:18 PM IST

Fresh formal job creation fell for third straight month, show EPFO numbers

New EPFO subscribers dipped by a sharp 26% in October, from the level a month ago

Fresh formal job creation fell for third straight month, show EPFO numbers
Updated On : 20 Dec 2022 | 11:24 PM IST

EPFO coverage to be expanded to 100 mn subscribers: Bhupender Yadav

Union Labour Minister Bhupender Yadav on Tuesday said retirement fund body EPFO's coverage will be expanded to 10 crore subscribers from the existing level of 6.5 crore. At a function to mark the 70th foundation day of the Employees Provident Fund Organization (EPFO), Yadav said, "EPFO social security schemes ambit will be expanded. It will be increased from 6.5 crore subscribers to 10 crore." He also launched the EPFO Vision 2047 document. According to him, it is the biggest responsibility of the EPFO to reduce its litigations and increase the coverage. "We have subsumed 29 labour laws into four broad codes. These codes provide for expansion of social security schemes, including EPFO," the minister said. This rationalisation and simplification of laws will minimize litigations and bring in ease of doing business. The minister expressed happiness over the way EPFO has grown in the years gone by and the way it is managing its huge corpus of savings of the members. As per a statem

EPFO coverage to be expanded to 100 mn subscribers: Bhupender Yadav
Updated On : 01 Nov 2022 | 6:57 PM IST

How to check pension status on EPFO portal: Here's a step-by-step guide

Any EPF pensioner can get the PPO number using either the bank account number or PF number

How to check pension status on EPFO portal: Here's a step-by-step guide
Updated On : 27 Oct 2022 | 6:04 PM IST

Manufacturing states see dip in net new EPF subscriptions in August

Net payroll additions, which are calculated taking into account new additions, number of exits, and return of old subscribers, has grown only slightly from 1,652,818 in July to 1,694,211 in August.

Manufacturing states see dip in net new EPF subscriptions in August
Updated On : 26 Oct 2022 | 10:27 PM IST

EPFO adds 1.69 mn new subscribers in August, a 14.4% rise YoY

Retirement fund body EPFO net added 16.94 lakh new subscribers in August 2022, registering a 14.4 per cent rise as compared to the year-ago period, according to official data. The provisional payroll data of the Employees' Provident Fund Organisation (EPFO) released on Thursday highlighted that of the total 16.94 lakh members added during August 2022, around 9.87 lakh have come under the ambit of the EPFO for the first time. Out of the 9.87 lakh new members added, approximately 58.32 per cent are from the age-group of 18-25 years. This age-group signifies a crucial stage for an individual's potential in terms of earning capacity and joining organised workforce in large numbers following their education. The data showed that during the month, approximately 7.07 lakh net members exited but rejoined EPFO by changing their jobs within the establishments covered by the EPFO and opted to transfer their funds from previous PF account to the current account instead of submitting claims for

EPFO adds 1.69 mn new subscribers in August, a 14.4% rise YoY
Updated On : 20 Oct 2022 | 7:06 PM IST