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PF contributions News

08 Apr 2022

EPFO New Tax Regime: 10 important things subscribers should know

Not all subscribers will be affected by the new rule. Investors saving more than Rs 2.5 lakh annually will have to pay tax on the interest on PF savings. All the interest credited to the PF account by employees will be tax-free if the contributions are not more than Rs 2.5 lakh in a year.

17 Aug 2016

EPFO asks field offices to receive PF dues through e-mode only

Retirement fund body EPFO has asked its over 120 field offices across the country to ensure that all employers are depositing their PF contributions only through electronic mode by using the Internet banking.

Retirement fund bodym EPFO

22 May 2016

EPFO to consider housing scheme for members in June

Retirement fund body EPFO is working on a proposal to provide low cost housing to its over five crore subscribers.

09 Mar 2016

Bad news! You can't withdraw your full PF deposit before attaining 58

Retirement fund body EPFO has tightened norms on withdrawal of provident fund as well investment of such amount in Varishtha Pension Bima Yojana for its over five crore subscribers.

PF contributions

11 Feb 2015

Govt to consider unions' reservations in EPF Act amendments

Government will consider trade unions' reservations on a proposal that would enable the Centre to reduce or waive off mandatory PF contributions by employees in certain cases.

Employees Provident Fund

21 Jan 2015

Bill to empower centre to reduce, waive-off PF dues soon

Government has firmed up amendments to Employees Provident Fund & Miscellaneous Provisions Act, to enable the centre to reduce or waive-off mandatory PF contributions by employees in certain cases.

07 Aug 2014

EPFO to inspect firms splitting wages to reduce PF liability

In a bid to deal with issue of splitting of wages by employers, retirement fund body EPFO has asked its over 120 field formations to inspect firms which are deducting PF on 50 percent or less of total wages.

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