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INOPERATIVE ACCOUNT EPF
EPFO overhauls PF trust rules: Risk-based audits, 2% interest cap on exempted establishmentsNew rules are set for companies managing their own provident fund trusts. Mandatory annual audits are replaced by a risk-based system. Inte...- EPFO member alert! Have old, inoperative EPF account? E-PRAAPTI portal will soon help you track it easilyThe Employees Provident Fund Organisation is introducing E-PRAAPTI, a new digital portal. This platform will assist members in finding, tra...
- 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...
- Laid off or lost your job? Use 75% EPF amount while rest 25% compounds @8.25% - Check EPFO withdrawal rules in case of unemploymentWhile members are entitled to take out up to 100% of their eligible EPF balance, including both employee and employer contributions, there ...
- 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...
- Has government changed EPF interest rate for FY 2025-26?The Employees Provident Fund Organisation's Central Board of Trustees has kept the EPF interest rate at 8.25% for the Financial Year 2025-2...
- 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...
- Inoperative EPF accounts' total amount up 5 fold to Rs 8,505 cr in 6 yearsInoperative EPF accounts have seen a five-fold increase, reaching Rs 8,505.23 crore in FY24 compared to Rs 1,638.37 crore in FY19. The EPFO...
- EPFO issues new rules for inoperative, inactive EPF accounts to stop frauds: Check the latest detailsEPF inoperative inactive accounts unblock: The Employees Provident Fund Organisation (EPFO) has issued new guidelines to make the inoperati...
- 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...
- Will your EPF account earn tax-free interest even after you leave job?Many salaried workers make monthly contributions to the Employees' Provident Fund (EPF) account knowing that the account will mature at the...
- Now, even idle EPF account will earn interestThe dilution in the definition of inoperative accounts means that from Nov 11, more account holders will get interest against funds lying i...
- EPFO to pay 8.8% interest on "inoperative" accounts: Govt to issue notification soonIt is estimated that about Rs 42,000 crore is lying in "inoperative accounts" in which there is no contribution paid during the last 36 mon...
- EPFO to give interest on inoperative accounts from April 1Move will benefit the estimated nine crore inoperative accounts of subscribers switching jobs. Over Rs 30,000 crore is stuck in these accou...
- Rs 43,000 crore lies in inoperative EPF accounts: GovtIn 2015-16, 118.66 lakh claims were settled by EPFO while the numbers stood at 130.21 lakh and 123.36 lakh in 2014-15 and 2013-14.
- Inoperative provident fund a/cs to earn interests from April 1National retirement fund body Employees Provident Fund Organisation has decided to give interests on inoperative PF accounts with effect fr...
- Settling inoperative EPF accountsThe EPFO has introduced a helpdesk for employees’ provident fund account holders to settle inoperative accounts.
- Unclaimed, Rs 22,636 crore in dormant provident fund accountsThis is because employees holding these accounts have moved on to new jobs and have not transferred their EPF accounts to that of the new e...
- Labour Ministry favours partial withdrawal from EPFThe Finance Ministry had suggested that liberal advances and withdrawal from EPF account should be shunned to achieve old-age income securi...
- Unclaimed EPFO money cannot be utilised: GovernmentThe Government on Monday said it has no plans to utilise unclaimed money of Employees Provident Fund Organisation (EPFO) which has accumula...
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