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Keeping track of provident fund and pension-related announcements could become easier for millions of EPFO subscribers, with the Employees’ Provident Fund Organisation (EPFO) launching an official WhatsApp channel.
A ₹9.6 lakh addition to an individual’s taxable income can be burdensome, especially when the amount stems from something as simple as an incorrect entry in an income tax return (ITR).
Under the Centralised IT Enabled Services (CITES) project, the Employees’ Provident Fund Organisation (EPFO)
EPF subscribers can no longer activate their UAN or generate a new UAN through the EPFO member portal following a major technology upgrade.
EPFO services interrupted from June 26-30: Check full list of services unavailable for five days
However, many employees are unaware that withdrawing provident fund money before completing five years of continuous service can trigger tax liability and tax deduction at source (TDS).
The Employees’ Provident Fund Organisation (EPFO) is likely to integrate its database with multiple central ministries and state governments in a bid to strengthen compliance monitoring and streamline the implementation of employment-linked schemes. The retirement fund manager is currently examining…
A new portal, new software at the backend, AI-backed translation tools and a core banking solution that will enable access at any centre across the country. These are some of the user-friendly features that the Employees’ Provident Fund Organisation (EPFO) is looking to incorporate in its next phase of reform.
The retirement fund body EPFO has disposed of nearly 99 per cent of the applications, seeking higher contributions for getting higher pension under the Employees’ Pension Scheme (EPS) 1995, Parliament was informed on Monday.
The central government is considering directing the Employees’ Provident Fund Organisation (EPFO) to design new provident fund and pension schemes for self-employed workers and gig-platform workers, The Telegraph reported.
