PF rate of interest declaration FY 2020-21

The Ministry of Labour and Employment, has approved for crediting interest at the rate of 8.50% on EPF accumulation for the financial year 2020-21 to the account of each member of the EPF Scheme.

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Related Notifications

Employers have to register their Contractors on PF Portal

22 Sep, 2021
The PF Regional Office has emailed the employers on 22 Sep 2021, instructing them to immediately register all their existing contractors and sub contractors engaged for manpower, civil and other works; and to ensure that all upcoming and existing contracts awarded are mandatorily registered in the portal.
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Aadhar Seeding time extended to 3 class of establishments

11 Sep, 2021
The EPFO has extended the time granted for Aadhar seeding of UAN of EPF members to 01 October 2021 and 31 December 20201 subject to certain conditions.

Taxable Income on PF contributions

31 Aug, 2021
The CBDT through the Income-tax (25th Amendment) Rules, 2021 has provided the calculation of taxable interest relating to contribution in a provident fund or recognised provided fund, exceeding specified limit. This Amendment will come into force from 01 April 2022.

EPFO relieves employers for Dues deposit delay, ECR filing for May 2021

31 Aug, 2021
EPFO has directed its field offices not to presume Employers default with respect to the delay in filing of ECRs for the month of May, 2021 which are statutorily due on or before 15th June 2021 on account of non-seeding of Aadhar with the UANs and to appreciate each case in its own facts under section 14B of the PF Act.

EPFO Notifies Employer Guidelines For Rectification Of Details For KYC Update Of Members

26 Aug, 2021
In case of employers filing incorrect details of their member employees with EPFO, such employees find it difficult to fill in their KYC online. In order to rectify the incorrect filing, EPFO has provided a detailed process to the employers that can be completed online and offline based the type and number of errors along with submission of certain supporting documents.

Filing of Pension E-nominations under Bharat Ka Amrit Mahotasav (BKAM)

23 Aug, 2021
EPFO has directed all its field officers to maximize the filing of Pension e-nominations of its members who do not have ready access to computer, or mobile facility to complete their filing.

Filing of E-nomination under Bharat Ka Amrut Mahotasav (BKAM)

30 Jul, 2021
The EPFO has circulated a letter directing all its field offices to make all efforts maximizing the number of E-nominations filed on a weekly basis. A campaign may also be launched for all EPF members to create awareness of the benefits of this online facility.

Aatmanirbhar Wage Subsidy Scheme via EPFO extended till 31 March 2022

28 Jun, 2021
The Aatmanirbhar Bharat Rozgar Yojana (ABRY) scheme launched on 01 October 2020 has been extended till 31 March 2022. The Government has launched the ABRY scheme last year to incentivise employers for creating new employment and restoration of employment loss through EPFO.

EPF, Pension, EDLI security benefits to children of COVID victims

24 Jun, 2021
EPFO has requested all employers to submit/forward the list of employees of their organisation who have lost their lives due to the COVID -19 pandemic disease in prescribed format to provide the applicable social security benefits to the surviving dependants.

Karnataka High Court orders emergent notice to UOI and EPFO on mandatory Aadhar seeding

17 Jun, 2021
The Hon’ble High Court of Karnataka being convinced on the practical difficulties faced by the employers and employees for seeding the Aadhar details with EPFO. After hearing the petitioner’s submissions, it has issued an emergent notice to the respondents – Union of India & EPFO.

Aadhar seeding deferred by 3 months and will be effective from 01 September 2021

15 Jun, 2021
The mandatory requirement of Aadhar seeding for filing ECR has been deferred by 3 months, with the effective date being 01 September 2021.

EPFO Message on mandatory Aadhar seeding of contributory members

01 Jun, 2021
Employers shall seed the Aadhar numbers of PF contributing members and verify it with UANs to file the ECR with effect from 01 June 2021.

EPFO allows its members to avail second COVID 19 advance

31 May, 2021
Under the EPF Scheme, the member employees can avail second non-refundable advance from their PF account.

Centre amends the Employees’ Deposit-Linked Insurance (Amendment) Scheme, 2021

29 Apr, 2021
The Central Government has revised the Employees’ Deposit-Linked Insurance (EDLI) Scheme to increase the monetary benefits to the claimants. On death of an employee, claimants are eligible up to 7 lakhs of assurance benefit.
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