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Showing posts with the label EPFO

Over 6 crore EPFO subscribers to get 8.65% interest for 2018-19: Gangwar

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Over 6 crore EPFO subscribers to get 8.65% interest for 2018-19: Gangwar At present, the EPFO is settling PF withdrawal claims at 8.55 per cent interest rate, which was approved for 2017-18 Current Affairs  :- Association Home Minister Amit Shah on Tuesday said the Modi government won’t endure any rupture of India’s region and is prepared to manage any such demonstrations emphatically. Shah likewise affirmed that the circumstance in Jammu and Kashmir has been serene as far back as the extraordinary status given to the state under 370 was repealed on August 5 and included that not a solitary projectile has been terminated nor anybody has kicked the bucket from that point forward. “There will be no trade off on India’s security. We won’t endure even an inch of break of our domain. We will manage it firmly. We won’t permit any drop of blood of our officers go futile,” he said tending to an occasion of the All India Management Association here. Descending vigorously o...

Planning to change your job? Soon, EPF transfer will be automated

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Planning to change your job? Soon, EPF transfer will be automated This will enable the employee to get the credits of his EPF contribution during his previous tenure with old employer into his or her UAN automatically Current Affairs : Endorsers of retirement support body EPFO would not require to record representative provident store (EPF) exchange guarantees on changing  Job  from the following financial as the procedure would be made mechanized, as indicated by a work service official. At present, the supporters of the Employees Provident Fund Organization (EPFO) are required to record exchange of  EPF  guarantees on changing occupations regardless of having widespread record number (UAN). The EPFO gets around eight lakh EPF exchange guarantees each year. “The EPFO is trying the mechanization of EPF exchange on changing occupations on pilot premise. The office for all endorsers is relied upon to be propelled whenever one year from now,” a senior wo...