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%.

The recent changes made by the government in the Employees’ Provident Fund (EPF) rules have come as a big relief, especially for salaried people who want to buy a house for the first time but have ...

South Indian Bank launches EPF payment services via net banking, simplifying contributions for employers through the EPFO ...

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 ...

With the successful completion of technical integration between the bank and EPFO, employers, establishments, and other entities can now remit EPF contributions, dues, remittances, and related charges ...

(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 Employees’ Provident Fund Organisation (EPFO), under the administrative control of the Ministry of Labour and Employment, regulates the norms for the employees’ contributory provident fund. Under ...

The withdrawal facility from the PF account will be available to only those PF members who fulfil the conditions prescribed. The facility will be available only once to every member during his or her ...

South Indian Bank partners with EPFO to launch EPF payment services via SIBerNet. Employers can now remit EPF contributions ...