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EPFO 2.0 INITIATIVE
EPFO held on to Rs 10 lakh for 11 years: Patna HC orders it to refund the deposit with 6% interest for ‘unjust enrichment’The Patna High Court has ordered the EPFO to pay 6% annual interest on a Rs 10 lakh deposit, citing unjust enrichment. The court ruled that...- 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...
- 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 plans auto-settlement to clear Rs 5,200 crore in inoperative accountsThe Employees' Provident Fund Organisation is developing an auto-settlement system. This will help subscribers claim unclaimed money from i...
- 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...
- EPFO Budgets 12.4% rise in 2026-27 contributionsThe Employees' Provident Fund Organisation anticipates a significant rise in contributions for 2026-27. This growth is expected due to incr...
- EPFO alert for lakhs of inoperative accounts: What government wants to do with unclaimed money and how it will decideThe Ministry of Labour and Employment will refund Rs 30.52 crore from over 7.11 lakh inactive EPFO accounts, each with a balance up to Rs 1...
- EPFO 3.0 Explained: New UPI withdrawal service, implementation and launch date, and what changes for your pension moneyEPFO 3.0 roll out: India's EPFO is undergoing a major tech overhaul with EPFO 3.0, aiming for a core banking-style system to serve crores o...
- EPFO enables face authentication for UAN generation and activationThis is part of the series of measures announced by EPFO over the last one month under EPFO 2.0 initiative to streamline processes and simp...
- Amnesty scheme in works for PF defaultersThe EPFO is preparing an amnesty scheme for companies evading or defaulting on employee contributions. The scheme, potentially launching al...
- PF settlement made quicker: Timeline revised from 30 to 20 daysEmployees Provident Fund Organisation (EPFO) has revised from 30 days to 20 days, the timelines for settlement of PF, pension and insurance...
- EPFO's Rs 1.59 lakh crore investment in ETFs now worth Rs 2.26 lakh croreRetirement fund body EPFO has invested ₹1,59,299.46 crore in exchange-traded funds (ETFs) till March 2022 and its notional market value of ...
- EPFO to focus on subscribers' convenience, ease of doing business through digital tools in 2020Employees' Provident Fund Organisation (EPFO) is undertaking several digital initiatives including online Universal Account Number (UAN) ge...
- EPFO asks staff to pull up socks as subscribers base erodesThe EPFO asked it office in charges "to concentrate efforts on increasing of contributing members...ensure that in coming months no such dr...
- EPFO settles 1.08 crore claims till January end this fiscalRetirement fund body EPFO settled 1.08 crore claims, including PF withdrawal and transfer, during April-January period this fiscal and 90 p...
- EPFO settles 104.38 lakh claims in April-FebruaryAt present, the simplified 10D-UAN claim form is meant to be used only by a member who has an activated Universal Account Number.
- Retirement fund body EPFO settles 11 lakh claims in JuneRetirement fund body EPFO settled 11.06 lakh claims like PF withdrawals in June, with 38 per cent being settled within three days.
- Investors chase PSU midcaps in hope of EPFO money flowThe government’s plan to sell shares of its companies through the ETF route has also sparked interest in PSU stocks.
- Probable EPFO buying pushed PSU stocks higherPSU stocks such as STC India, NBCC, Hindustan Copper, MMTC, MTNL, GAIL and SCI surged between 5-20 per cent
- EPFO likely to announce 8.5% interest tomorrow on PF depositsThe EPFO, which is estimated to have an income of Rs 20,796 crore in the current fiscal, needs Rs 20,740 crore to pay 8.5% interest to the ...
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