The Employees Provident Fund (EPF) has explained why its 2025 dividend rate fell slightly below 6.30% recorded in 2024 EPF chief executive officer (CEO) Ahmad Zulqarnain Onn said two key factors ...
(MENAFN- KNN India) Chennai, Dec 29 (KNN) Private sector lender Tamilnad Mercantile Bank (TMB) on Monday announced the launch of online collection of Employees' Provident Fund (EPF) payments through ...
The compound interest is credited by EPFO on a monthly running balance basis at the statutory rate declared for each year. For 2024-25, EPFO declared an interest of 8.25%.
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EPF due payment via demand draft: EPFO allows one-time payment of past EPF dues via Demand Draft
The Employees' Provident Fund Organisation (EPFO) has issued a clarification addressing concerns raised by various Field Offices regarding situations where employers are unable to remit past dues ...
Subscribers of the Employees’ Provident Fund Organisation (EPFO) will soon be able to withdraw their provident fund money directly into their bank accounts through a UPI payment gateway, using a new ...
The Karnataka High Court has penalized an employer ₹77,000 for delaying provident fund contributions for two employees over two years. The court ruled that the penalty under EPFO rules cannot be less ...
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EPFO sets 8.25% interest for 2024-25
India’s retirement fund manager has fixed the interest rate on employee provident fund savings at 8.25 percent for 2024–25, ...
Karnataka High Court caps EPF penalty at ₹77,000 for delayed provident fund payments. Employers must comply with 25% limit under EPF Act 1952. Read details.
Tamilnad Mercantile Bank (TMB) has launched the online collection of Employees’ Provident Facility (EPF) payments through its internet banking platform, with direct integration between EPFO portal and ...
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