Why other political party didn't appose the decision. They are more interested in fighting for small useless things and ignored this big issue. The BJP govt will definitely pay for this by losing coming elections. I am surprised why decision was apposed in Bangalore only. Why not rest of Bangalore. more
epf department is a big pain and is also responsible for the stress that employees go through either in withdrawal or transfer. I have personally lost a lot of money because of delay in transfer and non payment of interest. And nobody is accountable. Employees should be allowed full encashment. This department is not at all for betterment of employees. more
Why can't PF contribution be made voluntary??? Why all salaried employees are made to participate in scheme?? Anyways, it is pain to track contributions and make transfers... Also, the pension component is extremely less and would not contribute to income in retired life, if one considers the value of money at that time. more
Dear Members, All the PF amendments done by the Central Government during the budget session, withdrawn fully said Mr. Bnandaru Dattathetreya, Labour Minister yesterday night due to unwanted riots and strikes by the employees at one of the factorty at Bangalore leading to violence. Also he said that the prevailing existing formalities before the amendment will continue. more
It is a great victory. However, we need to keep tab on what are the various circumstance under which the govt going to allow the full withdrawal post 31st July 2016. more
In a groundbreaking leap for modern financial freedom, the Employees’ Provident Fund Organisation (EPFO) has announced that, starting 2025, its 7 crore members will finally be able to withdra...
withdraw your money regularly for your marriage, health expenses to parents, children's education etc. Don't keep your money there. Some of the other members are right. The makkari and c...
One of our employees father cant seem to withdraw his EPFO funds. His words to the team today: EPFO is not for your welfare. It's a forced investment into govt. securities. J...
Isn't this large scale cheating? Interest on EPF is actually credited almost a year after its due. EPFO maintains a corpus of Rs. 21.3 trillion (2022-23 data). If it delays cre...
Employee Provident Fund (EPF) was started in 1952. It was a provision in lieu of the government's inability to provide social security to the working class on retirement, and was thus kept tax...
More than 10 years in Govt, these guys are not able to solve issues related to EPFO websites and late interest payment 1. Interest for year 23-24 which should have been credited by 31st ...
I suggest @LocalCircles admin run a survey to gauge the sentiment of public w.r.t EPFO in terms of trust/integrity, efficiency, transparency and ease of use.
A well placed family member wrote this yesterday Had always opted out of EPF all my life, till my current employer didn't budge on that request. Thank fully probably will los...
A person with stage IV cancer has 19 lakh stuck with EPF. What a pathetic and heartless system have we created? EPF is nothing but a tyranny inflicted on salaried people by babus and politicians. I...
EPFO should consider shutting down and allowing us to transfer our accumulated EPF corpus to NPS. It's taken 6 months to merge my brother’s old EPF because a DA clerk was transferred, and the...
By Satvik Singh
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