Page 2 - Epfo Subscribers

EPFO dismisses reports about fall in number of subscribers in October

Retirement fund body EPFO on Thursday dismissed media reports about a fall in the number of firms and subscribers contributing towards its social security schemes in October.

Passive assets more than triple in three years on steady PF inflows

But active investment still holds the edge among individual investors

EPFO records over 1 mn new enrolments in August up from 748,000 in July

Provisional payroll data released by the EPFO last month had shown that net new enrolments stood at 845,000 in July this year

EPFO to pay 8.5% interest for FY20 in two instalments, cites Covid impact

Organisation is considering crediting interest rate in a staggered manner with the remaining 0.35% to be paid in December 2020

EPFO relief for 650,000 employers: no penalty for late EPF deposits

Under existing rules, once companies file their returns, known as ECR, they must also subsequently submit the EPF payments of employees at one go. Not doing so attracts a penalty

PMS debt assets double since FY15; investors seek reassurance on holdings

Uncertainty around the outcome of the ongoing Covid-19 pandemic and their impact on business is weighing on a number of businesses

Enrolments with EPFO dips to 10.34 lakh in Feb from 10.71 lakh in Jan

EPFO has been releasing the payroll data or new subscribers data since April 2018, covering a period starting from September 2017

EPFO settles 137,000 withdrawal claims to ease Covid-19 lockdown woes

Withdrawal claims worth Rs 280 crore has been settled in the past 10 days

Coronavirus: EPFO to disburse pension early to 6.5 mn account holders

Earlier this month, the EPFO had issued a statement asking its subscribers to avail online for availing various facilities, including for their provident fund claims

Now workers can generate UAN from EPFO portal directly. Details here

At present, workers are required to apply through their employers to get the universal account number (UAN), which enables them to avoid filing PF transfer claims on changing jobs

Almost a million payroll additions in Sept, highest in 13 months: EPFO data

But unending data revisions are raising questions about its credibility

Separating equity, debt units will benefit EPFO subscribers

In case of early withdrawal, they will be able to choose the instrument from which they wish to redeem