The answer isn’t straightforward. While Mr. A has the choice to opt out, Mr. B doesn’t—thanks to the rules governing EPF eligibility. The fine print of opting out Most new employees can opt ...

Recently, Prime Minister Datuk Seri Anwar Ibrahim announced that the mandatory EPF contribution for foreign workers will be capped at 2% following proposals from business groups. During the ...

Recently, Prime Minister Datuk Seri Anwar Ibrahim announced that the mandatory EPF contribution for foreign workers will be capped at 2% following proposals from commerce chambers. He added that ...

The Employees’ Provident Fund Organisation (EPFO) has settled claims of five crore subscribers in financial year 2024-25. Claiming that the achievement is a record, Union Labour Minister Mansukh ...

Image Source : X/@SOCIALEPFO There are three major schemes under the ELI Scheme. EPFO users alert: There is a major update related to the activation of the Universal Account Number (UAN ...

Employees Provident Fund Organisation (EPFO) has announced to extend the last date for UAN activation and aadhaar seeding in bank account of all the employees till Feb 15, 2025. This deadline has ...

The Employees’ Provident Fund Orgnaisation has crossed the 5-crore claims settlement mark for the first time in its history in this fiscal on the back of several reforms being undertaken to ease ...

The Employee Provident Fund, the largest pension fund in Sri Lanka, has a total of 21.5 million of member accounts and 77,000 active employers who remit contribution. At the end of October 2024, the ...

The EPFO has implemented a more straightforward process for PF account transfers when members switch employment. As per the EPFO directive dated January 15, 2025, certain online transfer ...

The Employees' Provident Fund Organisation (EPFO) is launching a revised system called EPFO 3.0 to improve the welfare of employees. This new system promises improved services, making it ...

The Employees' Provident Fund Organisation (EPFO) is a statutory body under the Ministry of Labour and Employment in India. It manages provident funds, pensions, and insurance schemes for millions ...

The Employees' Provident Fund Organization (EPFO) has made updates to the member profile updation process to simplify it, benefiting 3.9 lakh members with pending requests. These members now have ...