Millions of employees across India are covered under an EPFO insurance scheme, but many are unaware of it. If your Provident Fund (PF) is deducted from your salary, you may already have a free life insurance cover of up to ₹7 lakh. The best part is that you don’t have to pay any premium for … Read more
For millions of salaried employees, the Employees’ Provident Fund (EPF) is one of the most important savings tools for the future. Every month, a portion of an employee’s salary and the employer’s contribution is deposited into the EPF account, helping build a financial cushion for retirement, job changes, or emergencies. Because of this, employees often … Read more
After years of disciplined saving through the Employees’ Provident Fund Organisation (EPFO), retirement finally brings a large provident fund (PF) corpus. For many salaried employees, this lump sum feels like a major financial milestone. But it also marks the beginning of a new responsibility — managing this money carefully so it lasts through retirement. Since … Read more
The Employees’ Provident Fund Organisation (EPFO) is preparing to bring a major relief for crores of PF account holders. Soon, EPFO members may be able to transfer their PF money directly to their bank accounts through UPI. Union Labour Minister Mansukh Mandaviya recently shared this update under the upcoming EPFO 3.0 system. The new feature … Read more
In a major convenience for salaried employees across India, the Employees’ Provident Fund Organisation (EPFO) is launching a new WhatsApp-based service to simplify access to PF-related information. With this new system, subscribers will no longer need to visit offices or struggle with complex online portals. PF updates and account details will now be available directly … Read more
The Employees’ Provident Fund Organisation (EPFO) has introduced a major update that will help lakhs of salaried employees across India. Many employees face problems when an incorrect Member ID gets linked to their UAN (Universal Account Number). This usually happens due to mistakes made by companies while creating PF accounts. Because of this error, employees … Read more
With EPFO preparing to launch UPI-based PF withdrawals, accessing provident fund money could soon become much faster and easier. Union Labour Minister Mansukh Mandaviya recently announced that EPFO is working on version 3.0, which will allow members to withdraw PF funds directly through UPI-linked bank accounts using UPI PIN authentication. The testing phase has already … Read more
Checking your PF balance or claim status could soon become much easier for EPFO members. The Employees’ Provident Fund Organisation (EPFO) is planning to launch a new WhatsApp-based service that will allow users to access important PF-related information simply by sending a “Hello” message. The service is expected to work 24×7 and could help millions … Read more
People whose money is stuck in old PF accounts may soon get major relief. The government is preparing to launch a new portal called E-PRAAPTI to help EPFO members trace and recover money lying in inactive or inoperative PF accounts. This new system is expected to benefit crores of employees, especially those who changed jobs … Read more
The Employees’ Provident Fund Organisation (EPFO) has issued an important alert for all PF account holders. The organisation has asked members to immediately check the mobile number linked to their EPFO account to avoid security risks and future problems while accessing PF services. According to EPFO, keeping the correct mobile number updated in your account … Read more
Millions of private sector retirees across India are waiting for one important update — a possible increase in the minimum pension under the Employees’ Pension Scheme (EPS-95). At present, the minimum EPS pension is just Rs 1,000 per month. This amount was fixed in 2014 and has not changed in over a decade. With daily … Read more