Tag: EPFO

EPFO settles 52 lakh Covid-19 claims, disburses Rs 13,300 crore: Santosh Gangwar

NEW DELHI: Retirement fund body EPFO has settled 52 lakh COVID-19 non-refundable advance claims, and disbursed Rs 13,300 crore so far, Labour Minister Santosh Gangwar said on Wednesday. In March, the government had allowed over 6 crore subscribes of EPFO to withdraw an amount not exceeding their three months basic pay and dearness allowance from […]

Cabinet approves Atmanirbhar Bharat Rojgar Yojana

NEW DELHI:The Union Cabinet, chaired by the Prime Minister,Narendra Modi has given its approval for Atmanirbhar Bharat RojgarYojana (ABRY) to boost employment in formal sector and incentivize creation of new employment opportunities during the Covid recovery phase under Atmanirbhar Bharat Package 3.0. Cabinet has approved an expenditure of Rs. 1,584 crore for the current financial […]

EPFO adds 10.06 lakh net subscribers in August 2020

NEW DELHI:The provisional payroll data published by Employees’ Provident Fund Organisation (EPFO) on 20th October 2020 reveals that the subscriber base of EPFO increased by around 20 lakh during the first five months of FY21. Covid-19 pandemic and subsequent lockdown across the country had adversely affected the enrolments during the first quarter of the current […]

EPFO settles 94.41 lakh claims during pandemic since 1st Arpil

NEW DELHI: Despite the COVID-19 pandemic restrictions, Employees’ Provident Fund Organization (EPFO) has been able to settle a staggering 94.41 lakh claims thereby disbursing about Rs 35,445 crore to its members during the period of April-August, 2020. During this period, EPFO has settled around 32% more claims as compared to corresponding period of last year […]

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