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EPFO REFORMS 2024
Modi says 70 lakh jobs created under PM-Viksit Bharat Rozgar Yojana so far; transfers initial incentives worth Rs 2,400 crPrime Minister Narendra Modi announced over 70 lakh jobs created under the Pradhan Mantri Viksit Bharat Rozgar Yojana, disbursing Rs 2,400 ...- EPFO adds record 2.01 million net formal jobs in MayAs per the provisional payroll data, released by the ministry of labour and employment on Monday, this is the highest recorded addition sin...
- EPFO's net payroll addition in May 2025 at record high of 20.06 lakhThe EPFO witnessed a record addition of 20.06 lakh net members in May 2025, marking the highest since April 2018, driven by 9.42 lakh new e...
- 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 ...
- EPFO cautions members against taking help from agents for online servicesThe EPFO cautions members against using third-party agents for services, advising them to utilize the free online portal to protect their f...
- PF withdrawal process just got easier: Check all changes by EPFOEPFO has eliminated the need to upload a cancelled cheque image or employer-verified bank account details for online PF withdrawals. This m...
- EPFO settles record 5-cr claims worth over Rs 2 lakh cr in FY25Labour Minister Mansukh Mandaviya has announced that EPFO has crossed the 5 crore claims settlement mark in FY25. Due to multiple reforms l...
- EPFO simplifies procedures related to fund transfer and personal detail corrections: Mansukh MandaviyaLabour and Employment Minister Mansukh Mandaviya on Saturday said the Employees’ Provident Fund Organisation has streamlined and fast-track...
- 68 lakh pensioners to gain from EPFO's new Centralized Pension System across regional officesThe EPFO has completed the nationwide rollout of its Centralized Pension Payments System (CPPS), benefiting over 68 lakh pensioners. The ne...
- Labour reforms, social security for informal workers, transformative policies on cards in 2025The government aims to implement labour codes by 2025 to boost social security for informal workers, focusing on gig and platform workers. ...
- India awarded for social security good practices at Asia-Pacific forum in SaudiIndia has been honored with the 'Good Practice Award for Asia and Pacific 2024' for its social security initiatives. The Employees' Provide...
- EPFO invests Rs 34,208 cr in ETFs during Apr-OctRetirement fund body EPFO has invested Rs 34,207.93 crore in exchange traded funds (ETFs) during the April-October period this fiscal year,...
- Labour secretary Sumita Dawra reviews functioning of attached offices of ministry of labour and employmentTaking a comprehensive review on the functioning of offices of Chief Labour Commissioner (Central), Employees’ Provident Fund Organization ...
- Number of EPFO subscribers up 7.6% at 73.7 million in 2023-24As per the draft annual report of EPFO for 2023-24, approved by the labour secretary Sumita Dawra-led executive committee of the central bo...
- Mansukh Mandaviya announces successful pilot run of new centralised pension payments systemLabour Minister Mansukh Mandaviya announced the successful pilot run of a new Centralized Pension Payments System (CPPS). The system will a...
- EPFO settles 13.6 million claims amounting to Rs 57,316 crore in Q1The number of claims settled is 25.1% higher compared to 10.9 million claims settled in the first quarter of preceding financial year with ...
- Labour Secretary Sumita Dawra chairs review meeting on EPFO reformsLabour & Employment Secretary Sumita Dawra praised the EPFO's automation of claim settlements to reduce rejections, as per an official stat...
- 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...
- Govt to launch 2nd version of National Career Service portal in 2024; prod states on labour reformsIn 2024, the government aims to enhance the ease of doing business and extend social security to unorganized labor, including gig and platf...
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