Employees’ Provident Fund Organisation or EPFO is likely to soon credit interest into accounts of its 6 crore subscribers for 2018-19. Labour Minister Santosh Gangwar today said that over 6 crore EPFO members will get 8.65% interest for 2018-19, according to Press Trust of India. Last month, the labour minister had said that the labour…
Retirement fund body Employees’ Provident Fund Organisation (EPFO) permits subscribers to withdraw from their savings under certain circumstances. EPFO’s contributory provident fund scheme, Employees’ Provident Fund (EPF), enables subscribers to accumulate and earn interest on savings for retirement. EPFO allows partial withdrawal from the provident fund accounts for purposes such as education, marriage, illness and house construction. Through its unified…
Incepted by the government of India, EPFO (Employees’ Provident Fund Organization) is the largest social security organization in India. Among all the things EPFO offers, it mostly encourages employees to save for retirement. The website, EPF unified portal, provides access to various information and online services. The EPFO portal offers a host of benefits online,…
