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EPF SETTLE CLAIM
NCLT rejects insolvency plea against Noida Metro Rail Corporation over pre-existing disputesThe National Company Law Tribunal has rejected an insolvency plea against Noida Metro Rail Corporation. The tribunal found genuine disputes...
EPS-95 Higher Pension: Employees contributing to EPF on actual wages cannot be denied higher EPS 95 pension if they were EPS members on September 1, 2014, rules HCThe Karnataka High Court has ruled in favour of exempt trust employees. Those who retired after September 1, 2014, and contributed Providen...
Withdrawal of retirement funds soon to be automated: EPFOThe Employees Provident Fund Organisation, EPFO, will soon automate final provident fund withdrawal claims. This will speed up money transf...
EPFO may raise minimum pension under EPS-95; settles 83.1 million claims in 2025-26Labour and employment minister Mansukh Mandaviya, Wednesday, said that the Employees’ Provident Fund Organisation (EPFO) settled 6.103 mill...
Here’s how to fix errors in EPS records now to avoid PF claim rejection, pension lossIf you spot discrepancies in your EPS contributions, take immediate corrective measures or face rejection in EPF withdrawal or transfer cla...
Higher EPS Pension: EPFO can’t use the excuse of employer’s deficient system of recordkeeping as a ground to deny higher pension to employees, rules Bombay HCBombay High Court ruled in favour of six employees seeking higher pensions. The court stated the Employee Provident Fund Organisation (EPFO...
EPFO extends facility to de-link wrong member IDs: Who should apply? Step-by-step process explainedEPFO has extended the functionality for members to de-link incorrect Member IDs (MIDs) from their Universal Account Number (UAN). This allo...
EPFO 3.0: Government reveals status of centralised pension system, auto claim settlement and EPF account transfer claimsThe government has provided an update on EPFO 3.0 reforms. Key developments include faster claim settlements and an expanded subscriber bas...
New EPFO app to allow members to withdraw EPF money through UPIEPFO subscribers will soon be able to withdraw provident fund directly into their bank accounts via UPI using a new mobile app launching in...
EPFO member may soon be able to withdraw EPF money through ATMs, UPI directlyEmployees' Provident Fund Organisation subscribers might soon access their EPF money directly. They can use ATMs or UPI after linking bank ...
PF claim settlement rule change: Now EPF members will get more interest money on EPF withdrawal, faster settlementNew EPF claim settlement rule: The EPFO has announced changes in Para 60(2)(b) of the EPF Scheme, 1952. The changes announced in the Employ...
EPF withdrawal claim: How many days does it take to settle an EPF withdrawal claim?Settlement of EPF withdrawal claim: Many Employees' Provident Fund (EPF) members experienced difficulties after submitting withdrawal reque...
Latest EPFO rules: How to unblock inoperative EPF account, settle claimsThe EPFO has especially outlined the procedural complications involved in UAN generation/linking, KYC seeding, blocking, unblocking, and pa...
EPFO allows withdrawing money from EPF account twice to meet coronavirus emergencyThe provision to withdraw money from EPF accounts was first announced last year in March 2020 under Pradhan Mantri Garib Kalyan Yojana (PMG...
EPFO settles 56.79 lakh COVID-19 advance claims, releases over Rs 14,000 cr till DecemberWhen the coronavirus-induced lockdown was imposed in March, the central government had allowed over 6 crore subscribers of the Employees' P...
EPFO is settling coronavirus-related withdrawal claims in three days: Here's howArtificial Intelligence is playing a major role in bringing down the withdrawal time from the usual requirement of 10 days.
EPFO settles 1.37 lakh PF withdrawal claims worth around Rs 280 cr to ease lockdown woesThe system as it stands today is processing all applications which are fully KYC (know your customer) compliant within less than 72 hours.
Settling EPF claims through mobile phone to be a reality soonAs per the scheme, the EPFO is required to settle all claims within 20 days from filing of the application for settlement of pension or EPF...
Online EPF withdrawal, pension fixation to be a reality by MayEPFO offices would be connected to central server in couple of months following which the facility of online submission of all sort of appl...
EPFO asks field staff to settle death claim in 7 daysThe processes have been reviewed and instructions issued to field offices to settle death claims within 7 days from the date of receipt of ...