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EPFO SIMPLIFICATION
Can salary-linked SIPs transform mutual fund investing for salaried Indians? Experts weigh inSebi has proposed a framework allowing salaried employees to invest in mutual funds through salary deductions, similar to EPF and NPS. This...
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 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 to enable EPF withdrawals via UPI by April, says report; what members need to knowEPFO members can soon withdraw their provident fund directly from bank accounts using UPI. This new facility is expected to be available by...
EPFO members can withdraw EPF money through UPI by AprilEPFO members will soon withdraw provident fund directly to bank accounts using UPI. This new system aims for a secure and quick transfer of...
New EPFO Rule: Transgender ID card issued from national portal now accepted for name, gender changes in EPF recordsThe Employees Provident Fund Organisation has eased the process for transgender members to update their records. A transgender identity cer...
Aadhar seeding process as KYC for UAN simplified: Know about EPFO’s latest changes for profile updateThe EPFO has simplified Aadhaar as KYC for UAN, allowing members with matching details to update profiles directly, bypassing employer appr...
EPF withdrawal claim: Do you need to submit any documents while withdrawing money from your EPF account?Many EPF members are confused whether they are required to submit any documentary evidence while submitting an EPF withdrawal claim to the ...
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...
EPFO simplifies claim settlement process; move to benefit over 77 million subscribersEPFO has simplified its claim settlement process for over 77 million members by removing the need for a cheque leaf image and attested bank...
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...
Central Board of Trustees of EPFO gave its go ahead to the Amnesty Scheme 2024The EPFO Amnesty Scheme 2024 has been approved, encouraging employers to resolve past compliance issues without penalties and promoting job...
Union Minister Mansukh Mandaviya launches online module for surrender of exemptionMandaviya further mentioned that EPFO has taken several initiatives to address many of the present issues. These are the first steps of the...
EPFO updates KYC details of 73.58 lakh members in Apr-JunFurther, to enable KYC seeding on such large scale, the Employees Provident Fund Organisation (EPFO) has also undertaken massive exercise o...
EPFO updated KYC data for 52.62 lakh subscribers in April, MayThis includes Aadhaar seeding for 39.97 lakh subscribers, mobile seeding (UAN activation) for 9.87 lakh subscribers and bank account seedin...
Govt mulls raising EPFO's investment in stocks to 15%: Bandaru DattatreyaIn the Budget speech, Finance Minister Arun Jaitley had announced that EPFO will increase its investment in ETF to 15 per cent, he said, ad...
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.
Simplified one-page pension claim form introducedGovernment today unveiled a new simplified one-page pension claim form to enable simplified processing and easier withdrawal.