The Employees’ Provident Fund Organisation (EPFO) is preparing for a big shift in how it invests your retirement money. The body is planning to merge funds from its different schemes into one single investment pool. The aim is simple — make investments more transparent, more efficient, and easier to manage. Right now, EPFO follows separate … Read more
The Ministry of Labour and Employment has announced a major step to help workers reclaim their long-forgotten savings. Millions of people have money lying unclaimed in inactive Employees’ Provident Fund Organisation (EPFO) accounts. Now, the government plans to return this money directly to the rightful account holders. This move could bring relief to workers who … Read more
The Employees’ Provident Fund Organisation (EPFO) has changed the way pensions are calculated for certain members under the Employees’ Pension Scheme (EPS). For some retirees, this update could mean a much higher monthly pension. The key difference? Their pension may now be calculated on their actual salary instead of a fixed wage limit. Here’s what … Read more
Millions of subscribers of the Employees’ Provident Fund Organisation (EPFO) are waiting to know this year’s PF interest rate for FY 2025–26. The main question is whether the government will increase the interest rate on provident fund deposits or keep it at 8.25%, the same as last year. It is expected that the interest rate … Read more
The Employees’ Provident Fund Organisation (EPFO) has introduced several major reforms to make PF services faster, simpler, and fully digital. From withdrawals and transfers to pensions and insurance, the process has become smoother for employees and pensioners. Here are 15 important changes you should know about. PF Withdrawal and Advance Rules Made Simple Earlier, PF … Read more
Many salaried employees don’t know this — but they already have life insurance cover without paying anything extra. If you are a member of the Employees’ Provident Fund Organisation (EPFO), you are automatically covered under the Employees’ Deposit Linked Insurance (EDLI) scheme. This scheme provides life insurance coverage of up to ₹7 lakh to your … Read more
The Employees’ Provident Fund Organisation (EPFO) is preparing to launch a new mobile app that could change how millions of Indians withdraw their EPF money. Soon, members may be able to transfer their EPF savings directly to their bank accounts using UPI — just like sending money through a regular payment app. The app is … Read more
The Employees’ Provident Fund Organisation (EPFO) is considering a plan to reward its fund managers based on investment performance. The goal is to improve returns on retirement savings for millions of subscribers. Under this proposal, fund managers who deliver better results could receive larger allocations of funds, motivating them to manage portfolios more efficiently and … Read more
For years, withdrawing provident fund (PF) money was a frustrating experience for salaried employees in India. Paper forms, office visits, manual checks, and long waiting periods were common. In many cases, people waited weeks or even months to access their own savings. That reality is now changing. The Employees’ Provident Fund Organisation (EPFO) has been … Read more
The Income Tax Department has released the draft Income-tax Rules, 2026, linked to the upcoming Income Tax Act, 2025. Taxpayers and stakeholders have been invited to share their feedback by February 22. These rules are expected to come into effect from April 1, 2026, along with the new tax law. The draft rules focus on … Read more
The Union Budget 2026 has proposed important changes to the Employees’ Provident Fund system. These changes focus on simplifying tax rules, reducing compliance pressure on employers, and updating outdated provisions related to PF contributions. The proposals are part of the Finance Bill 2026, which seeks to amend Schedule XI of the Income Tax Act, 2025. … Read more