EPF withdrawals

EPF Interest Rate History: Did You Know When EPFO Offered 12 Per Cent Interest And Its Lowest Ever Rate Since 1952?

EPF Interest Rate History: EPFO is likely to increase the auto-settlement of advance claims (ASAC) limit, raising it five times from Rs 1 lakh to Rs 5 lakh. EPFO has retained the provident fund interest rate (8.25%) for the FY 2024-25. The Employees' Provident Fund was established with the enactment of the Employees' Provident Funds Ordinance on November 15, 1951, which was later replaced by the Employees' Provident Funds Act, 1952. Let's have a quick look on the history of the employees' provident fund interest rates.  

Apr 02, 2025, 12:43 PM IST

EPFO to go paperless, all services a click away by August 2018

The Employees' Provident Fund Organisation (EPFO), which runs social security schemes like EPF, pension and insurance for formal sector workers, has already launched a host of online services like EPF withdrawals.

Aug 24, 2017, 17:36 PM IST

Will give 'all justifications' for 8.8% EPF interest rate: Dattatreya

Labour Minister Bandaru Dattatreya on Wednesday assured the RSS-backed trade union BMS that his ministry is pressing upon the Finance Ministry with "all justifications" to uphold 8.8 percent interest rate decided by the EPFO.

Apr 27, 2016, 19:50 PM IST

Confusion on EPF due to bad phrasing in Budget speech: Adhia

Union revenue secretary Hasmukh Adhia today defended the proposal to tax Employee's Provident Fund withdrawals, saying the intention was only to encourage investment in pension schemes, but the phrasing in the Budget speech caused the confusion.

Mar 05, 2016, 22:47 PM IST