EPS beneficiaries can entry pension from branches of all banks from January 1: Labour Minister Mandaviya

Centre proposes to make life simple for hundreds of thousands of Worker Pension Scheme (EPS) pensioners with a choice to implement a brand new centralised pension fee system (CPPS) for this scheme from January 1,2025.  This choice, which has been taken and permitted by Mansukh Mandaviya, Labour Minister and Chairman of Central Board of Trustees, … Read more

New institution registrations in EPFO see vital improve: Govt

The Workers’ Provident Fund Organisation (EPFO) has noticed a considerable improve within the registration of latest institutions from the monetary yr 2019-20 to 2023-24, Lok Sabha was knowledgeable on Monday. From a degree of 1,17,063 in 2019-20, the variety of new institutions registered with EPFO climbed to 2,94,256 in 2023-24.  This upward development underscores the … Read more

After RBI curbs, EPFO bars use of Paytm Funds Financial institution for PF claims

The Worker Provident Fund Organisation (EPFO) has introduced that it’s going to, from February 23, block deposits and credit into EPF accounts linked with Paytm Funds Financial institution Restricted (PPBL). This transfer of EPFO is available in little over per week after the Reserve Financial institution of India (RBI) introduced restrictions on Paytm Funds Financial … Read more