Employees Provident Fund

Earlier, in March 2022, EPFO had lowered the interest on EPF to over a four-decade low of 8.1% from 8.5% in 2020-21

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

The approved consultant will be empanelled with the EPFO headquarters in New Delhi for a tenure of three years

The government had launched ABRY to incentivise employers for creation of new jobs and restoration of retrenched workers during Covid-19

IT firms are increasingly resorting to background verification firms for additional checks on employees for moonlighting, says report

The approved law firms will be empanelled with the EPFO headquarters in New Delhi for an initial period of one year, which can be extended to three years

EPFO said it is moving more from forceful compliance to voluntary compliance. And, in the future, it will be fully governed by technology

Though fresh additions slip sequentially in July, women enrolment at a record high

Payroll data released by the National Statistical Office shows only 18.67 per cent of the persons that rejoined and re-subscribed employees' provident fund (EPF) are female

Annual ETF investments of nearly Rs 36,000 cr on average since 2019-20

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There is no deadline for filing e-nomination and it isn't mandatory for filing advance claims; but it speeds up online claim settlement by nominees

Retirement fund also invests in CPSE index, which has been a laggard among ETFs

Earlier on Saturday, the government approved 8.1% rate of interest on EPF deposits for 2021-22, which is an over four-decade low, for about 50 million subscribers of EPFO

One significant point investors must remember while investing in PPF is that they must put in the money at the right time to maximise the return they earn from it.

The scheme also offers better returns than other most other investment avenues

Counter the cut in EPF rate with an asset-allocated retirement portfolio and using instruments like NPS

The Employees' Provident Fund Organization recently slashed the interest rate on EPF from 8.5% to 8.1% for 2021-22. This is the lowest rate in more than four decades. But it still holds the edge.

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