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SYSTEMIC REFORMS EPFO
Annuity flexibility, tax tweaks can accelerate NPS growth: Axis Pension Fund CEO Sumit ShuklaA senior executive believes greater flexibility in retirement withdrawals and restored tax incentives could significantly boost the Nationa...
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 ...
NPS growth, performance, market-linked annuities; Sriram Iyer, CEO of HDFC Pension, talks about India’s changing retirement landscapeIndia's retirement planning is evolving with rising private sector NPS participation and evolving annuity products. While government contri...
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...
Parliament Watch: Social security coverage jumps to 64.3% in 2025India's social security coverage has seen a remarkable surge, reaching 64.3% in 2025. New safety mandates for heavy vehicles are set to be ...
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 rolls out Employee Enrollment Scheme 2025A new Employee Enrollment Scheme 2025 will encourage employers to enroll eligible employees with EPFO. Starting November 1, 2025, employers...
EPFO extends deadline for filing EPF return by a week till Oct 22EPFO has extended the deadline for filing EPF returns for September to October 22, 2025, to accommodate employers adapting to the new revam...
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 3.0 rollout soon, subscribers can withdraw funds from ATMs: Mansukh MandaviyaUnion Labour Minister Mansukh Mandaviya announced that the EPFO will launch its 'EPFO 3.0 version' soon. This upgrade allows subscribers to...
EPFO employees can now shift from National Pension System (NPS) to Unified Pension Scheme (UPS)The 112th meeting of the executive committee (EC) of the central board of trustees, EPF under labour and employment secretary Sumita Dawra ...
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...
Plans afoot to bring EPFO service at par with banking, says top officialThe retirement fund body EPFO is upgrading its systems. Subscribers will soon access services like banks. They can withdraw claims using AT...
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,...
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 board will meet on November 23 to approve Central Pension Payment SystemThe central board of trustees of EPFO will meet on November 23 to approve the central pension payment system and Annual Report 2023-24. The...
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...
- EPFO: Workers should be given a choice to move to NPS
The Employees Provident Fund Organisation (EPFO) should not waste any more time in putting its house in order.