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EPFO ADVANCE
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...
EPFO to launch WhatsApp service for PF updates; government targets faster resolution of pending legal disputesThe Employees’ Provident Fund Organisation (EPFO) is set to launch a WhatsApp service for PF updates, allowing members to interact with the...
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...
EPFO raises advance claim limit under auto settlement mode to Rs 5 lakhThe move is expected to benefit over 70 million subscribers of the Employees’ Provident Fund Organisation who will not get up to Rs 5 lakh ...
EPFO increases auto-settlement limit for EPF advance claims from Rs 1 lakh to Rs 5 lakhs: Mansukh MandaviyaEPF auto-claim limit increased: The Union Minister for Labour & Employment has announced the increase in auto-settlement limit for advance ...
Provident Fund boost for 7.5 crore Indians! Govt to raise auto settlement of PF withdrawal limit to ₹5 lakhThe EPFO has decided to enhance the auto settlement of advanced claim (ASAC) limit from Rs 1 lakh to Rs 5 lakh, aiming to improve the ease ...
Non-refundable Covid advance no longer available under EPFOAccording to an EPFO circular dated June 12, since Covid is no longer a pandemic, the competent authority has decided to discontinue the sa...
EPFO undertakes multiple systemic reforms to enhance ease of doing business; improve ease of livingEPFO rules: At a review meeting, chaired by labour secretary Sumita Dawra, EPFO said the number of auto transfers generated by the retireme...
EPFO extends auto claim settlement facility to education, marriage and housing advanceAs per the statement issued by the retirement fund body on Monday, the auto claim settlement facility will bring down the settlement time f...
EPFO retires Covid advance facility, move may impact consumptionAccording to experts, the move may impact consumption as much of the Covid advance was being used for discretionary purchases and other exp...
EPFO disburses Rs 48,000 crore Covid advance to over 22 million subscribers in 3 yearsAs per the draft Annual Report 2022-23, EPFO disbursed Rs 17,106.17 crore in 2020-21 benefitting 6.92 million beneficiaries, Rs 19.126.29 c...
Is EPF e-nomination mandatory to partially withdraw money from EPFO accounts?The Employees' Provident Fund (EPF) Advance Form, also known as Form 31, is typically used to submit a claim for a partial withdrawal or ad...
How to withdraw money twice from EPF account for coronavirus emergenciesThe provision to withdraw money from EPF accounts was first announced last year in March 2020 under the Pradhan Mantri Garib Kalyan Yojana ...
2nd Covid wave: Over 6 crore EPFO subscribers dip into their provident fund kitty"During the second wave of Covid-19 pandemic, ‘mucormycosis’ or black fungus has been declared an epidemic recently. In such trying times, ...
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 94.41 lakh claims worth Rs 35,445 cr during April-AugustRetirement fund body EPFO has settled 94.41 lakh claims totalling Rs 35,445 crore during April-August despite COVID-19 related restrictions...
EPFO settles 36.02 lakh claims worth Rs 11,540 crore in April-MayOut of this, 15.54 lakh claims, which saw disbursement of Rs 4,580 crore to claimants, were related to the recently introduced COVID-19 adv...
You can withdraw EPF for treatment without doctor certificateThe subscribers can seek fund withdrawal from their EPF account on various grounds by using a composite form along with a self-declaration.
EPFO introduces common form for different types of withdrawalFor subscribers, who are yet to seed Aadhaar and Bank details with their UAN, the new Composite Claim Form (Non-Aadhar) replaces the existi...